UKGC Publishes Latest Industry Statistics
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The UK Gambling Commission has published the latest industry statistics. Online gambling continues to grow in the UK despite a retail downturn. Gross Gambling Yield for online gambling has increased 2.9%. The market share of online gambling grew by 1.2% to 39%.
“Despite the marginal decline across the wider gambling industry, the online gambling sector continues to grow. Our role as regulator will continue to see us working to raise standards right across the industry. Following our comprehensive review of the online gambling sector in 2018, this year we have implemented new rules to strengthen age and ID verification checks and we’ve also been working with partners in financial institutions to develop the role they can play to protect vulnerable consumers,” Ben Haden, the UKGC’s programme director for industry insight said.
“Last month we published the new National Strategy to Reduce Gambling Harms which has a renewed focus on plans to widen research, take a preventative approach to gambling harms, assess treatment provision, embed a culture of evaluation, and encourage industry to collaborate to make gambling safer,” Ben Haden added.
Source: Latest News on European Gaming Media Network
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