Gambling spends in the UK

OnlineCasinos.co.uk, the UK-based site, has released a study which details the UK average household expenditure and comparing this with average spends within in-house Casinos. ‘Drop and Win Data’ has been collected from The Gambling Commission and analysed against household expenditures and other lifestyle and cultural spends such as holidays, drinks and charitable costs.

Household Expenditure

OnlineCasinos.co.uk uncovered that £6,282,066,387 was spent in in-house Casinos between November 2017 and October 2018, with the weekly average spend in in-house Casinos being £6.28 per household. This data shows that on average the British public is spending more on in-house Casinos than they are on their pets and medicines.

Paul Sunnucks of OnlineCasinos.co.uk says:

“As surprising as it may seem, gambling is a huge part of British family life — together, more than £6 billion in casinos in a single year. As a weekly average, we spend £6.28 on casinos per household. That’s more than we do on medicines (£2.10), phone bills (£4.10), the commute (£4.30), and even our own pets (£5.60)”.

Casino Winnings

While so many members of the public are spending money on a weekly basis in the Casino, the Casino industry is taking significant earnings.

The total winnings equate to over nine times the salary of the highest paid footballer, who is paid £81,900,000 per year.

Regional Spends and Alternate Options

The British public put a staggering amount of money into the in-house Casino industry which could be spent on other things, maybe even a trip to the famous Las Vegas.

Research has found the number of pints, the number of flights to Las Vegas, Nevada and the number of homeless beds that could be paid for for the night, instead of the money being spent in in-house Casinos.

Attendance Figures

OnlineCasinos.co.uk found that by the end of 2018 physical casino attendance dropped 10.42% from November 2017.

Paul Sunnucks of OnlineCasinos.co.uk says that although there is a drop in attendance to physical casinos, there is going to be a rise in those playing online:

“The number of players using real-world casinos has dropped steadily since 2015, falling as sharply as 10.2% since last November. Although attendance is falling, more and more British gamblers are enjoying the online casino experience from the comfort of their own homes.”

About OnlineCasinos.co.uk:

OnlineCasinos.co.uk provides trusted, independent reviews of all the major online casinos available in the UK. We have a passion for gambling and know what a great online casino should be. OnlineCasinos.co.uk only reviews gambling sites that operate under the strict regulation of the following regulatory bodies in the UK.