The UK Gambling Commission reported a 13% month-on-month decline in online gross gaming yield (GGY) for November, mainly due to the normalization of real event betting margins, which have normalized after their high levels in October.
The total market GGY in November was £ 471.5m (EUR 532.6m / $ 644.4m). This is based on data collected from operators who make up 80% of the UK market.
The Commission has published yield data for market performance for each month of the novel coronavirus pandemic (Covid-19).
The regulator said the main reason the GGY fell was to normalize margins on real event betting, with the GGY falling 28% from £ 290.0m in October to £ 209.2m. Real event betting remains GGY’s largest industry, however, with total bets and the number of active accounts each increasing 4%.
According to the data, online slots were the second largest market, with GGY gaining 3% to £ 176.8m in November compared to the previous month.
The number of online slot spins increased 4% to over 5.2 billion, while the number of active accounts increased 1% to 2.8 million, the highest monthly total within the Covid-19 period.
The average loss per player in slots was higher than any other online gambling product. This was close to £ 63, compared to £ 43 for real event betting and £ 35 for casino.
The total number of online slots sessions also increased 2% to just over 27.5 million, while the average number of spins per session also increased slightly.
Elsewhere, GGY for other games, including casino, rose 6% month-over-month to £ 66.4m with 271.8m bets placed, while online poker GGY rose 9% in November to 9, £ 1m rose.
The GGY for virtual betting also rose 8% to £ 7.2m, while the GGY for sports betting rose 78% to £ 1.4m.
The commission found that due to tightening of lockdown restrictions in the UK, with many employees on leave due to facility closures, it did not request data from licensed betting providers (LBOs) for that month.
The regulator announced that it would resume collecting this data as soon as retail stores can reopen. There is no indication of when this will be as all English properties will be closed during the country’s third national lockdown.