• Online Gambling in the UK Has Grown at 8.3 Percent Annually

    26 May 2015

    Ukgambling

    Anyone who is involved in the online gambling industry in any capacity can tell you that it's growing, but we don't always get straight-forward numbers on just how much it is. The Gambling Commission of the United Kingdom, however, has been tracking values since 2008, and they have some very serious numbers that paint a clear picture about what growth in this industry has been like.

    The Real Growth

    From 2008 through 2015, participation in online gambling grew an average of 8.3 percent per year. When you take the five-year period as a whole, then that's an increase of about 50 percent. That's a pretty incredible increase, and it just goes to show that the industry is speeding up when you look at it on a year-by-year basis. In 2008, for example, about 9.7 percent of players were getting in on the action online. However, that grew to 14.5 percent by the end of 2014. Growth has happened for both males and females as well with males jumping from 11.7 percent to 18 percent while females went from 7.8 percent to 12.8 percent.

    Breaking It Down

    If you look at the actual types of betting happening, then you start to see some trends. As usual, men had sports betting completely locked down. Mobile gambling has increased a tremendous amount as well. Contrary to a lot of the misconceptions out there about online gambling, more affluent and more educated individuals were more likely to gamble, and this trend was seen throughout the entire study. In fact, there was a major amount of growth for the highest level of income measured that started at 11.9 percent in 2008 and jumped up to a whooping 18.7 percent in 2014.

    Myth of Low Income Gambling

    What's really interesting is that players with lower incomes weren't represented nearly as much, and growth wasn't nearly as high. Between 2008 and 2014, the lowest category of income only went from 5.6 percent up to 9.3 percent. This flies directly in the face of many misconceptions out there about online gambling somehow targeting those with lower incomes, and this study could be used to defend the expansion of online gambling along those lines in the future.

    Related News

    • 23 May 2020

      Shine A Light At Tsars Casino – A Brand New Online Gaming Venue

      With so many online gaming venues, players must have a hard time deciding which one to pick. Now that task is even harder because the new Tsars Casino is on the market and it looks quite dashing. Besides its stunning presentation... …lays the big portfolio full of various entertainment options. Its promotion section is also the talk of the town since it is quite impressive with its numerous incentives. A wide assortment of banking methods...

      Read full article
    • 01 May 2020

      Billy Spins is One of the Hot New Upcoming Casinos

      There’s a new star rising on the iGaming sky – Billy Spins casino. With an interesting design, it has a lot to offer. Starting with a great promotion section to its strong game portfolio, it provides a variety of entertainment options. A Sister Site to the Award-Winning Platform The team behind Billy Spins is responsible for developing one of the leading bingo casinos – Bingo Billy.

      Read full article
    • 26 April 2020

      Go Down Under with New Play Croco Casino Powered By RTG

      Another online casino powered by the renowned Real Time Gaming (RTG) platform is ready to be introduced to players – Play Croco. The Australian players will be particularly excited by this venue since it boasts great graphics synonymous with the land Down Under. A cartoonish crocodile is there to greet punters and follow them on the tour around the site. With a unique theme and stylish design, it is very appealing to the eye. Equally appealing... ...

      Read full article