Online gambling now makes up one third of the UK gambling market according to statistics from the UK Gambling Commission.
The commission released statistics for April 2015 to March 2016. The statistics found that total digital ‘Gambling Gross Gambling Yield’ was £4.5 billion. That tops the National Lottery yield of £3.4billion and the £3.3 billion brought in by retail bookmakers.
The commission said that the entire gambling yield for the country during the year was £4.5 billion. Of that, £2.6 billion came from online casino games with online slot machine-style games bringing in £1.8billion of that figure.
Online sports betting brought in £1.6 billion. About £152 million was generated from betting exchanges.
“Our latest statistics show that with the growth in online gambling the industry is increasingly taking a creative approach to using technology to engage consumers,” said Commission Program Director James Green in the report. “As the online sector grows operators will also need to demonstrate that they are taking an equally innovative approach to ensuring gambling is safe for all online consumers.”
The entire British gambling industry brought in £13.6billion between April 2015 and March 2016.