The Gambling Commission’s recent report on Great Britain’s gambling industry highlights significant trends in the sector, with slots revenue hitting an all-time high. The report, which covers data through September 2024, indicates that online and in-person gambling yielded a gross gambling yield (GGY) of £1.32 billion ($1.69 billion) for the three months ending on September 30. However, this total fell short of the previous quarter’s record-breaking £1.46 billion.
This data captures performance from March 2020 to September 2024 and includes online and in-person gambling activity. It compares data from Q2 of the 2024-2025 financial year to the same quarter in 2023-2024, offering a comprehensive view of shifting trends.
Online Betting and Slots Trends
The report shows that the online gambling sector’s GGY for Q2 reached £1.32 billion, marking an 11% increase from the previous year. The number of online bets and spins rose 12% year-over-year, setting a new quarterly record at 25.2 billion, while active monthly accounts grew by 8%. Real event betting generated £453 million ($582 million) in GGY, up 6% despite a 10% decrease in the number of bets. Meanwhile, the average number of active accounts for betting increased by 9%.
Slots saw particularly notable growth. Revenue in this vertical climbed 16% year-over-year to £680 million ($874 million), driven by a 13% increase in spins to 23.3 billion. Monthly active accounts for slots reached 4.4 million, reflecting a 16% growth. Although one operator reclassified some products as slots, boosting GGY in this category, the trend reflects strong interest. Additionally, the number of slot sessions lasting over an hour increased by 9% to 10 million, with session length holding steady at 17 minutes.
Licensed Betting Operators (LBOs) on British high streets showed a slight 1% dip in GGY, totaling £533 million ($685.9 million). Similarly, the total number of bets and spins in LBOs fell by 0.1% to 3.1 billion.
The Gambling Commission advised caution when comparing this report’s figures to its broader industry statistics. Since this dataset includes bonuses and free bets from selected operators, it might not provide a complete industry picture. The commission’s analysis underscores the need to consider variations in data sources, as this dataset might not fully capture all operational activities across the industry.
This report highlights the strong growth in online slots and steady interest in real-event betting, even as LBOs experience slight declines. As the Gambling Commission monitors these trends, its findings provide insights for stakeholders navigating this evolving landscape.
The post UK Gambling Industry Sees Record Slots Revenue in Latest Quarter appeared first on iGaming.org.