Best of the Week
Most Popular
1. Gold Final Warning: Here Are the Stunning Implications of Plunging Gold Price - P_Radomski_CFA
2.Fed Balance Sheet QE4EVER - Stock Market Trend Forecast Analysis - Nadeem_Walayat
3.UK House Prices, Immigration, and Population Growth Mega Trend Forecast - Part1 - Nadeem_Walayat
4.Gold and Silver Precious Metals Pot Pourri - Rambus_Chartology
5.The Exponential Stocks Bull Market - Nadeem_Walayat
6.Yield Curve Inversion and the Stock Market 2019 - Nadeem_Walayat
7.America's 30 Blocks of Holes - James_Quinn
8.US Presidential Cycle and Stock Market Trend 2019 - Nadeem_Walayat
9.Dear Stocks Bull Market: Happy 10 Year Anniversary! - Troy_Bombardia
10.Britain's Demographic Time Bomb Has Gone Off! - Nadeem_Walayat
Last 7 days
Stock Market Due for 9-10% Pull Back? - 25th April 19
Dow Transportation Stocks Sector Is Testing Resistance - 25th April 19
INSOMNIA i64 UK Best Games Festival Vlog of What it's Like to Attend - 2019 - 25th April 19
In Just 45 Mins., Learn to Spot New Opportunities in ANY Market for FREE! - 25th April 19
If This Pattern Holds True, the US Economy Could Face the Worst Stagnation in History - 25th April 19
8 Reasons Why Investment in Education Always Pays Off - 25th April 19
Want To Earn A Safe 5% In Fixed Income? Buy Preferred Stocks - 24th April 19
Can Gold Price Rise Without a Rate Cut?  - 24th April 19
Silver’s Next Big Move - 24th April 19
How Can a College Student Invest Wisely? - 24th April 19
Prepare For Unknown Stock Market Price Action As New Highs Are Reached - 23rd April 19
Silver Plays a Small but Vital Role in Every Portfolio - 23rd April 19
Forecasting 2020s : Two Recessions, Higher Taxes, and Japan-Like Flat Markets - 23rd April 19
Gold and Silver Give Traders Another Buying Opportunity - 23rd April 19
Stock Market Pause Should Extend - 21st April 19
Why Gold Has Been the Second Best Asset Class for the Last 20 Years - 21st April 19
Could Taxing the Rich Solve Income Inequality? - 21st April 19
Stock Market Euphoria Stunts Gold - 20th April 19
Is Political Partisanship Killing America? - 20th April 19
Trump - They Were All Lying - 20th April 19
The Global Economy Looks Disturbingly Like Japan Before Its “Lost Decade” - 19th April 19
Growing Bird of Paradise Strelitzia Plants, Pruning and Flower Guide Over 4 Years - 19th April 19
S&P 500’s Downward Reversal or Just Profit-Taking Action? - 18th April 19
US Stock Markets Setting Up For Increased Volatility - 18th April 19
Intel Corporation (INTC) Bullish Structure Favors More Upside - 18th April 19
Low New Zealand Inflation Rate Increases Chance of a Rate Cut - 18th April 19

Market Oracle FREE Newsletter

Top 10 AI Stocks Investing to Profit from the Machine Intelligence Mega-trend

How 2018 Was For The UK Casino Industry

Companies / Gambling Jan 17, 2019 - 10:05 AM GMT

By: Submissions


The UK casino industry is one that is constantly growing thanks to advancements in technology and the popularity of online casinos – but what does this mean for land-based betting shops? 2018 has been a good year for the UK casino industry from a business point of view and we are going to explore this more in this article. Keep reading to find out more about how 2018 went for this industry.

Gross Gambling Yield

It is clear from our findings that 2018 was a good year for the casino industry in terms of the gross gambling yield (GGY). Overall, the figures for 2018 show £13.4bn which is a huge 4.5% increase from the previous year. On top of this, the remote sector saw a 13.7% increase from the previous year to £5.4bn. Interestingly, for the remote casino category with slots in particular, there was a 19.3% increase from the previous year.

Online Casinos

It is clear that online casinos have become a lot more popular in 2018 with the new technology that comes along with these and the vast increase in the number of sites being launched. Players are able to easily find new casino sites using sites like and enjoy playing their favourite games online. A government survey shows that 18.3% of respondents were found to have gambled online in the past 4 weeks which is an increase on the 15.5% found in 2014. These online casinos are set to become even more popular with new technology that is coming through and the improvements in mobile casinos on offer.

Land-Based Betting

With the increase in popularity of online casinos, there has been a clear decrease in popularity for land-based betting premises in the UK in 2018. The total number of betting shops had a 1.8% decrease down to 8,406 from the previous year. The total number of bingo premises also decreased by 1.7% from last year down to 644. This is really interesting when you consider just how popular these premises have been in recent years and it is clear that online casinos have had an impact on these figures. For those thinking about entering the UK gambling industry, this is something to consider.


In 2018, the UK government announced that there would be some changes to the laws in the UK for the gambling industry as a whole which is sure to have an effect. Firstly, the maximum stakes on Fixed Odds Betting Terminals would be reduced which has already come into action. In order to balance this out, the government also announced that the rate of RGD would be raised. Of course, this latest tax change will not come into place until October 2019, so it has not had a direct impact on the UK Gambling industry just yet.

Casinos in the UK have already been working on ways to continue operating with new taxes in place and have altered their bonuses and free cash on offer accordingly. This could have a larger impact on the popularity of these casinos in general or the profit that the gambling industry makes in 2019.

Final Summary

Overall, it is clear that 2018 was a big year for online casinos with many appearing online and attracting new players to sign-up. It is important to note the decline in the number of land-based betting shops in the UK, some of which have been around for many years. This indicates that there might be a decline in these in 2019 as well as online casinos become more popular and the technology improves. If you are part of this industry, make sure to find out more about the new tax laws and make sure that your casino is ready to face the changes. 2019 is set to be a good year for this industry which is set to increase to 50% of the total British market by GGY in the coming years.

By Roy Evans

© 2018 Copyright Roy Evans - 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.

© 2005-2019 - 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