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Online gambling sector continues growth according to latest statistics

Online gambling sector has continued its growth and now enjoys 39 per cent market share
Online gambling sector has continued its growth and now enjoys 39 per cent market share

Britain's online gambling sector has continued its growth according to the latest set of Gambling Commission statistics and despite the wider market shrinking slightly.

Gross gambling yield (GGY) for the industry – the amount retained by operators once winnings have been paid out – was £14.5 billion in the year October 2017 to September 2018, a fall of 0.4 per cent on the previous reporting period.

Remote gambling is the largest sector in the industry by GGY, constituting 38.8 per cent of the overall market with £5.6bn GGY. Within the sector, casino games generated £3bn in GGY, with GGY for remote betting totalling £2.5bn and dominated by football and horse betting.

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