There has been a lot of speculation regarding just how much growth the gambling industry has seen. Well, the facts are out! The UK Gambling Commission (UKGC) has revealed more information on the global pandemic’s impact on online gambling behaviors in the country.
After releasing the statistics of a 3% gross gambling yield increase within the UK online casino market, the UKGC now provides further insight into these findings. The data reflects that from March 2020 to April 2021, showing a steady increase throughout the year. Although the stats are for both land-based and online casinos, due to the nationwide stay-at-home orders, all brick and mortar casinos only started operations recently, since closing at the beginning of lockdown.
Although many gambling experts would argue that due to somewhat different circumstances, the growth seen this past year should not be expected in the year to come, although it is possible.
Who Is The UKGC, And Why Do UK Gamblers Need Them?
The UKGC is better known as the United Kingdom Gambling Commission. It holds the purpose of licensing and regulating any person and businesses that provide a gambling service in Great Britain, including the National Lottery.
The UKGC upholds and maintains the high level of safety and security offered by all UK-based online casinos by holding the monumental task of awarding all deserving casinos that meet the requirements, their UK authorized license, allowing them to operate within the territory.
With the constant observation of the UKGC, the industry upholds high-quality safety and security elements. This makes the UK-authorized online casinos some of the best in the game.
The UK Online Casino Activity
The UK online casino market is booming, and with the surge of activity, it’s no surprise the demand improved. With a 4% overall increase in the number of active accounts and a 3% increase in gross gambling yield, the future looks bright for all those involved. However, despite this growth, there are certain areas that took a slight dip, with the number of bets felling to 2%, with a drop of 1%.
When it comes to the crowd favorite of slots, the UK Gambling Commission informed users that the growth had reminded relatively flat with a gross yield of £202 million from March to April. Another thing to pay attention to is the drop in time spent on a slot session. The amount of players spending an hour or more has declined by 4% to 2.6 million users, dropping the average length of a session by 8%, amounting to a total of 20.2 minutes spent per session.
The UK Gambling Commission Will Continue To Monitor the Coronavirus-Related Effects on the Country’sCountry’s Gambling Sector
Like many aspects that came along with the Coronavirus, the UKGC is unaware of what is still to come, but with this positive growth, the future looks bright. Although most restrictions are starting to lift, people are still expected to stay at home as much as possible, helping the growth of the online gambling industry in the UK continue to rise.
With all the continued change throughout the industry, the UKGC will continue to monitor the industry, taking note of any spikes in traffic or demand changes. However, with the future unknown. It’s always good to know that whenever you see fit, you can get involved in a wide range of top-class UK online casinos.
List Of UK Online Casinos
As you can see, the is no slowing down for this fun-filled industry. However, with stay-at-home orders continuing to loom, as well as specific restrictions still raining, players seem to feel more comfortable exploring their possibilities of a win online.
With the growth comes a flooded market. With so many UK online casinos to choose from, make sure you find one that ticks all your boxes. The most crucial factor to look out for is the licensing, which the UK Gambling Commission and licensing department need to recognize.
Get started on the right foot! Here is a list of UK online casinos to help you start your winning streak!
- Bao Casino
- Dunder Casino
According to statics, there is a whopping 33.6 million active accounts on licensed online casinos in the UK. On top of this, the UK also has the most extensive number of fully licensed online gambling operators, with more than 100.
Are You Jumping On Board?
With so much growth and exciting offers within the UK online casino industry, it’s hard not to want to get involved. From the games to choose from to the bonuses on offer, the UK gambling scene is going nowhere but up! So get signed up to one of the above casinos. Enjoy the wild world of winning online, thanks to the high-class offers of the UK online casino platforms.