When it comes to casino tourism, the UK might not share the same popularity as the likes of Vegas or Macau, but it does have a very rich gambling history (pun intended), and its gambling industry today is worth £14.5 billion. 5/27/2020 Industry GGY 1 1/ 1 Gambling Industr y Over view G ro s s g a m b l i n g y i e l d During the period October 2018 to September 2019, the r egulated gambling industr y in Great Britain generated a gross gambling yield (GGY) or equivalent* of £14.3bn, a 0.5% decrease compared with the previous repor ting period. UK gaming industry to be worth £10bn by 2023. Britain's gaming sector is set to surge following the launch of consoles like the PlayStation 5 and the Xbox One X. By Michael Cogley, Technology On average, Brits spend £2.60 per week on gambling, totalling over £135.20 per year. The gambling industry was worth £14.3 billion in Great Britain in 2019, down from £14.5 billion 6 months before. The industry collectively had 98,174 employees in 2019, down from 106,000 6 months before. The Gambling Industry is Growing in the UK It is worth noting that fairness and trust have been minimal, but in the UK, they have tried to maintain their standards. How much is the UK online gambling industry worth? From visiting a UK online casino to playing the National Lottery on the web, people are increasingly enjoying betting via internet platforms. Out of the £14.5 billion that was spent on gambling in the UK between October 2017 and September 2018, according to Gambling Commission figures, online gambling accounted for revenue of £5.6 billion. In fact, the online market accounted for revenue of £5.6 billion out of the £14.5 billion spent on gambling in the UK between 2017 and 2018. More precisely, this means that the online gambling sector accounted for nearly 38.8% of the total figures generated by the UK's gambling industry. The gambling industry is growing in the United Kingdom (UK). The goss gambling yield (GGY) in Great Britain increased from roughly 8.4 billion British pounds in 2011 to approximately 14.4 billion
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