Gambling spends in the UK

Gambling spends in the UK

uk-casino-spends Gambling spends in the UKReading Time: 3 minutes

 

OnlineCasinos.co.uk, the UK-based site, has released a study which details the UK average household expenditure and comparing this with average spends within in-house Casinos. ‘Drop and Win Data’ has been collected from The Gambling Commission and analysed against household expenditures and other lifestyle and cultural spends such as holidays, drinks and charitable costs.

Household Expenditure

OnlineCasinos.co.uk uncovered that £6,282,066,387 was spent in in-house Casinos between November 2017 and October 2018, with the weekly average spend in in-house Casinos being £6.28 per household. This data shows that on average the British public is spending more on in-house Casinos than they are on their pets and medicines.

Product Amount Spent per Week
Casinos

£6.28

Medicines, prescriptions and healthcare products

2.10

Cigarettes

2.60

Telephone account

4.10

Rail and tube fares

4.30

Footwear

4.80

Non-alcoholic drinks

4.90

House Maintenance

5.00

Pets and pet food

5.60

Education Fees

8.20

Alcoholic drinks bought

8.70

Paul Sunnucks of OnlineCasinos.co.uk says:

As surprising as it may seem, gambling is a huge part of British family life — together, more than £6 billion in casinos in a single year. As a weekly average, we spend £6.28 on casinos per household. That’s more than we do on medicines (£2.10), phone bills (£4.10), the commute (£4.30), and even our own pets (£5.60)”.

Casino Winnings

While so many members of the public are spending money on a weekly basis in the Casino, the Casino industry is taking significant earnings.

Region Winnings Kept
High-end London

£151,939,466

Other London

£334,269,915

Midlands and Wales

£100,974,557

North

£111,914,429

Scotland

£31,718,061

South

£79,730,418

Total winnings:

£810,546,846

The total winnings equate to over nine times the salary of the highest paid footballer, who is paid £81,900,000 per year.

Regional Spends and Alternate Options

The British public put a staggering amount of money into the in-house Casino industry which could be spent on other things, maybe even a trip to the famous Las Vegas.

Research has found the number of pints, the number of flights to Las Vegas, Nevada and the number of homeless beds that could be paid for for the night, instead of the money being spent in in-house Casinos.

Region Total spend Amount of nights in homeless shelters Amount of pints per region Amount of return adult flights to Las Vegas
High-end London

£1,851,877,574

370375514.8

617292524.7

3940165.051

Other London

£2,348,060,145

469612029

782686715

4995872.649

Midlands and Wales

£670,835,642

134167128.4

670835642

1427309.877

North

£724,990,229

144998045.8

241663409.7

1542532.402

Scotland

£195,232,681

39046536.2

65077560.33

415388.683

South

491,070,116

98214023.2

163690038.7

1044830.034

Attendance Figures

OnlineCasinos.co.uk found that by the end of 2018 physical casino attendance dropped 10.42% from November 2017.

Apr 2015 – Mar 2016

Apr 2016 – Mar 2017

Apr 2017 – Mar 2018

Scotland 1.61 million 1.5 million 1.45 million
The North 5.18 million 4.94 million 5 million
The South 3.75 million 3.83 million 3.72 million
Wales and The Midlands 3.75 million 3.83 million 3.72 million
London 6.4 million 6.02 million 5.89 million

Paul Sunnucks of OnlineCasinos.co.uk says that although there is a drop in attendance to physical casinos, there is going to be a rise in those playing online:

The number of players using real-world casinos has dropped steadily since 2015, falling as sharply as 10.2% since last November. Although attendance is falling, more and more British gamblers are enjoying the online casino experience from the comfort of their own homes.”

About OnlineCasinos.co.uk:

OnlineCasinos.co.uk provides trusted, independent reviews of all the major online casinos available in the UK. We have a passion for gambling and know what a great online casino should be. OnlineCasinos.co.uk only reviews gambling sites that operate under the strict regulation of the following regulatory bodies in the UK.

 


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