With the rapid technological development of personal computers and mobile devices in recent times, it is perhaps unsurprising that the online gambling, or remote gambling, sector has grown in recent years.
As of the fourth quarter of 2022, the most popular betting brand in Great Britain was the National Lottery. This decline is likely a result of the growth of the online betting market in the United Kingdom. Prior to the pandemic, the number of betting shops in Great Britain was already on the decline, from over nine thousand in 2011 to well under seven thousand in 2022.
The previous year, between April 2020 and March 2021, Great Britain’s GGY fell to a decade low 1.04 billion as a result of the coronavirus (COVID-19) pandemic. The gross gambling yield (GGY) of the betting sector in Great Britain between April and March 2022 was approximately 2.13 billion British pounds. These operate both as land-based establishments, like casinos or betting shops, and online. Bets are typically made through bookmakers, also known as bookies. Betting in the United Kingdom - statistics & factsīetting is a type of gambling that refers to the act of placing a wager on the outcome of an event.
