The gambling industry covers many parts of the world, but within this industry there are certain areas where it is very popular. This is either due to the long history of gambling in the country or the high quality service they offer. The UK is one of those places because gambling is a very popular hobby.
There are many forms of gambling in the UK. Due to the license required to operate, many bookmakers and casinos require their service specifically for the UK market.
Play in numbers
A long list of gambling numbers was released in 2019 to show what was happening in the UK and where the industry was headed. These numbers showed how popular the game of chance was and there is a very high probability that the numbers have continued to rise since then.
A total of 47% of people in the UK said they had gambled in the last month following their survey. This includes everything from casino games to sports betting and lottery games.
The national lottery is a huge part of the UK gambling industry. £ 1.6 billion will be generated by the lottery and will go to charity. This shows that the gambling industry has a lot to offer other areas to help those thriving in the UK.
Types of Gambling
30% of people living in the UK played the national lottery in 2019, making this the most common type of gambling in the country. Behind it, other lotteries were the next most popular type of gambling. 13% of people said they played these, followed by scratch cards. 10% of the population stated that they had played these during the year.
Next, sports betting is played by 7% of the population, which shouldn’t come as a surprise as the UK is passionate about sports and we have access to a wide variety of live events through television. From daily horse racing to live soccer, cricket, tennis and golf, if you like sports you have plenty of options for viewing. Bets are available.
The casino industry is another part of the UK gambling industry as many casinos offer their services to players online. Popular games are blackjack, poker, roulette and slots, and these are made available to many operators, such as those listed here Newcasinos.com.
In terms of the choices UK players have in front of them, few other countries in the world can match the options available. With such a strong service, it’s easy to see why all kinds of games of chance are popular.
Money & jobs created by industry
In 2019, the gambling industry was valued at over £ 14 billion, which is an astounding sum, but has been falling slightly recently. The industry employed more than 100,000 people in 2018, a slight decrease to 98,000 in 2019. This is still a large number of people who rely on gambling for their income.
These numbers show the size of the industry and how important it is to the UK economy. It wouldn’t be a surprise if the value of the industry increased in the years to come, although that may not be reflected in the increasing number of employees.
This is mainly due to online relocation, which allows companies to run their business with fewer people, and this is certainly seen as the future of the industry. As more and more people place their bets online, the industry is expected to increase in value, but this may lead to a decrease in the number of employees.