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UKGC Publishes Latest Industry Statistics

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The UK Gambling Commission has published the latest industry statistics. Online gambling continues to grow in the UK despite a retail downturn. Gross Gambling Yield for online gambling has increased 2.9%. The market share of online gambling grew by 1.2% to 39%.

“Despite the marginal decline across the wider gambling industry, the online gambling sector continues to grow. Our role as regulator will continue to see us working to raise standards right across the industry. Following our comprehensive review of the online gambling sector in 2018, this year we have implemented new rules to strengthen age and ID verification checks and we’ve also been working with partners in financial institutions to develop the role they can play to protect vulnerable consumers,” Ben Haden, the UKGC’s programme director for industry insight said.

“Last month we published the new National Strategy to Reduce Gambling Harms which has a renewed focus on plans to widen research, take a preventative approach to gambling harms, assess treatment provision, embed a culture of evaluation, and encourage industry to collaborate to make gambling safer,” Ben Haden added.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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