Gambling is one of humanity’s oldest pursuits, with archeological evidence suggesting that over 40,000 years ago our cavemen ancestors were betting on the roll of dice like objects.
There have been many changes throughout the centuries, with different cultures and civilizations around the world creating their own ways to gamble. After all these years, the ideas of luck and chance remain as popular as ever. So let’s take a look at where the UK gambling industry is at in 2020.
Data sources:
Statista.com
Gamblingcommission.gov.uk
Over the last 10 years there has been a steady increase in the yield of online/remote betting, bingo and in particular casino games, which has moved ahead of the previous leading segment that was non-remote betting.
Over the last decade there has been an increase in people employed in the online/remote casino, betting and bingo category, while there has been a decline in people employed in arcades and non-remote betting, casinos and bingo roles.
When it comes to online gaming, slots are the clear leader in terms of turnover generated, with betting the second most popular option. However, as slots generally tend to operate on smaller margins than some other games and betting markets, this doesn’t necessarily mean they are the most profitable for operators.
Over the last decade there has been an increase in people employed in the online/remote casino, betting and bingo category, while there has been a decline in people employed in arcades and non-remote betting, casinos and bingo roles.