Best of the Week
Most Popular
1. Next Financial Crisis Is Already Here! John Lewis 99% Profits CRASH - Retail Sector Collapse - Nadeem_Walayat
2.Why Is Apple Giving This Tiny Stock A $900 Million Opportunity? - James Burgess
3.Gold Price Trend Analysis - - Nadeem_Walayatt
4.The Beginning of the End of the Dollar - Richard_Mills
5.Stock Market Trend Forecast Update - - Nadeem_Walayat
6.Hindenburg Omen & Consumer Confidence: More Signs of Stock Market Trouble in 2019 - Troy_Bombardia
7.Precious Metals Sector: It’s 2013 All Over Again - P_Radomski_CFA
8.Central Banks Have Gone Rogue, Putting Us All at Risk - Ellen_Brown
9.Gold Stocks Forced Capitulation - Zeal_LLC
10.The Post Bubble Market Contraction Thesis Receives Validation - Plunger
Last 7 days
Is A Sharp Stock Market Crash Ahead? - 21st Nov 18
Have We Seen The Worst of the Gold Bubble Burst? - 21st Nov 18
The Real Price of LNG, Climate Change, Coming Fracking Environmental Disaster - 21st Nov 18
Powell and Gold between Inflation and Global Slowdown - 21st Nov 18
Why is the North American Wilderness Known for Spiritualism? - 21st Nov 18
Stock Market Buy the Dip is Dead - 20th Nov 18
Deep State Mad World - 20th Nov 18
Commodities - What Do You Need To Know? - 20th Nov 18
Precious Metals Moving In Unison For A Massive Price Advance - 20th Nov 18
Handicapping the Precious Metals Through Year-End - 20th Nov 18
Betting Markets Confirm Theresa May Safe From Tory Leadership Challenge this Week - 20th Nov 18
Rail Chaos Transpennine Express Cancels Services to Manchester Airport Whilst on the Train! - 20th Nov 18
The Giants Are Coming...Giants of The Internet! - 20th Nov 18
Gold & Silver Corrective Rally is Almost Over - 19th Nov 18
Stock Market Going Sideways - Which Direction is Next? - 19th Nov 18
Technical Analysis Points to DOW 30k Next Target - 19th Nov 18
Stock Market Consolidating in a Downtrend  - 19th Nov 18
Next Tory Leader, Prime Minister Forecast and Betting Market Odds - 18th Nov 18
The Fed's Misleading Money Supply Measures - 17th Nov 18
Stock Market Outlook: Why the Economy is Bullish for Stocks Going into 2019 - 17th Nov 18
NO DEAL HARD BrExit Tory Chaos, Theresa May Leadership Challenge - 17th Nov 18
Gold vs Several Key Investments - 17th Nov 18
GDX Gold Mining Stocks Q3 18 Fundamentals - 17th Nov 18
Is Gold Under or Overpriced? - 17th Nov 18
Active Managers are Bearish on Stocks. A Bullish Contrarian Sign - 16th Nov 18
Will The Fed Sacrifice Retirement Portfolio Values For The "Common Good"? - 16th Nov 18
BrExit War - Tory Party About to Replace Theresa May for NO DEAL BrExit - 16th Nov 18
Aspire Global Makes Significant Financial Strides - 16th Nov 18
Gold Oil and Commodities …Back to the Future ? - 16th Nov 18
Will Oil Price Crash Lead to “Contagion” for the U.S. Stock Market? - 15th Nov 18
How NOT to Be Among the MANY Stock Investors Fooled by This Market Myth - 15th Nov 18
Tory BrExit Chaos Cripples UK Economy, Wrecks Housing Market Confidence - 15th Nov 18
Stocks Could End 2018 With A Dramatic Rally - 15th Nov 18
What Could Be the Last Nail in This Stock Bull Markets Coffin - 15th Nov 18
Defensive Stock Sectors Outperforming, Just Like During the Dot-com Bubble - 15th Nov 18
Buying Your First Home? Here’s How to Save Money - 15th Nov 18
US Economy Ten Points or Ten Miles to ‘Bridge Out’? - 14th Nov 18
US Stocks: Whither from Here? - 14th Nov 18
Know exactly when to Enter&Exit trades using this... - 14th Nov 18
Understanding the Benefits of Keeping a Trading Journal - 14th Nov 18
S&P 500 Below 2,800 Again, New Downtrend or Just Correction? - 13th Nov 18
Warning: Precious Metals’ Gold and Silver Prices are about to Collapse! - 13th Nov 18
Why the End of the Longest Crude Oil Bull Market Since 2008? - 13th Nov 18
Stock Market Counter-trend Rally Reaches .618 Retracement - 13th Nov 18
How to Create the Best Website Content and Generate Organic Traffic - 13th Nov 18
Why the Stock Market Will Pullback, Rally, and Roll Into a Bear Market - 13th Nov 18
Stock Markets Around the World are Crashing. What Not to Worry About? - 12th Nov 18
Cyclical Commodities Continue to Weaken, Gold Moves in Relation - 12th Nov 18
Olympus Tough TG-5 Camera Stuck or Dead Pixels, Rubbish Video Auto Focus - 12th Nov 18
5 Things That Precede Gold Price Major Bottoms - 12th Nov 18
Big US Stocks Q3 Fundamentals - 12th Nov 18
How "Free Money" Helped Create Sizzling Housing Market & REIT Gains - 12th Nov 18
One Direction More Likely for Bitcoin Price - 12th Nov 18
The Place of HSE Software in Today's Business - 12th Nov 18

Market Oracle FREE Newsletter

How You Could Make £2,850 Per Month

Statistics of Gambling Industry, Remote Gambling and National Lottery

Companies / Gambling Mar 28, 2018 - 02:14 PM GMT

By: Submissions

Companies

Gambling Industry is huge, and it undergoes various transformations from time to time. It has a large working force and the various gambling divisions operate on their own licences and regulations.

The estimated figures related to the gambling industry is composed by Plush Online Casino and it covers the overview of the betting sector along with some detailed statistics of remote gambling and the national lottery.


Working Force in The Betting Sector

The total number of employees in the gambling industry was 106,236 as on 31 March 2017. The below table gives the approximated information about the number of people working in the corresponding sectors.
                       
Gambling Sector      

                                   
                    Gambling sector                                    
                       

                                   
As on 31 March 2017
                       

                                   
                              Betting                             
                       

                                   
52,292
                       

                                   
Bingo
                       

                                   
12,433
                       

                                   
Casino
                       

                                   
16,417
                       

                                   
Arcades
                       

                                   
10,070
                       

                                   
Gaming machine technical
                       

                                   
6,132
                       

                                   
Lotteries
                       

                                   
1,090
                       

                                   
Remote
                       

                                   
7,802
                       

                                   
Total
                       

                                   
106,236
                       

 

It is interesting to note that around 49% of the employees of gambling industry work in the betting sector.

Remote Gambling

Remote Gambling is nothing but a player engaging in a game through the means of a remote communication such as the internet, telephone or television. The number of activities permitted through remote gambling licences was 788 as on 31 March 2017 which is a 4.6% increase from the previous period. 56.1% of the remote gambling activity comes from remote casino licences and gambling software.

The largest share of remote gambling activity – 42% was from the operators who had the head office in the UK. The remote gambling activity of operators who have the head office at Malta and Gibraltar are 19% and 12% correspondingly.

GGY of Remote Operators

Remote gambling GB players from April 2016 to March 2017 were responsible for a GGY of around £4.71 billion and it stood for 34% GGY of the total industry. 
                       

                                   
Remote Market Share
                       

                                   
Percentage
                       

                                   
Casino
                       

                                   
55.5%
                       

                                   
Betting
                       

                                   
36.8%
                       

                                   
Bingo
                       

                                   
3.4%
                       

Betting Exchange
                       

3.6%               

Pool Betting
                       

0.7
                       

 

GGY of Remote Casino

Slot games approximately accounted for £1.691 billion which is 64.5% of the total GGY of the remote casino industry. And table games contributed about £414.7 million which is 15.8% of the total GGY of the remote casino industry. The contribution of card games was £205.39 million, and poker was £101.320 million. Other remote casino games made up to £208.17 million.

GGY of Remote Betting

                                   
Activity                                  
                       

                                   
Remote betting GGY in million
                       

                                   
Football
                       

                                   
605.99
                       

                                   
Horses
                       

                                   
391.83
                       

                                   
Other
                       

                                   
145.97
                       

                                   
Dogs
                       

                                   
40.68
                       

                                   
Financials
                       

                                   
32.10
                       

                                   
Cricket
                       

                                   
18.82
                       

                                   
Golf
                       

                                   
13.55
                       

                                   
Unallocated rev share
                       

                                   
609.45
                       

Operators having a gambling software licence made a total revenue of £632.07 million from April 2016 to March 2017. In that, £383.37 was made through revenue share.

National Lottery

Gambling Commission can issue a licence to an organization in accordance with Section 5 of the National Lottery Act. Between April 2016 and March 2017, the total sales by National Lottery were £2.98 billion (minus the prizes).

The primary contribution by National Lottery to good causes between April 2016 and March 2017 was £1.49 billion which is a 16.9% decrease when compared to the previous period – April 2015 to March 2016 where £1.78 billion was contributed to good causes.

Similarly, National Lottery prizes were £3.9 billion which was a 6.1% decrease from the previous period. From April 2015 to March 2016, National Lottery Prizes accounted for a total of 4.19 billion.

Also, National Lottery expenditure was £1.49 billion between April 2016 to March 2017 which is an 8.4% decrease when compared to 1.62 billion from April 2015 to March 2016.

The gambling industry has many divisions under it and some of the divisions are very different from the other. Players are always requested to play responsibly. It is to be noted that the above-mentioned statistics may contain approximate values.

By Varun Kumar

© 2018 Copyright Varun Kumar- All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules