Showing posts with label Third Quarter. Show all posts
Showing posts with label Third Quarter. Show all posts

Saturday, February 25, 2023

UK Online Gross Gambling Yield Dropped in Third Quarter


In the third quarter of the fiscal year 2022-23, the land-based sector of the British gambling industry grew while the internet sector had a 2 percent year-over-year fall in gross gambling yield (GGY).

The Gambling Commission reports that in the three months ending 31 December 2021, total GGY for the online industry was £1.20bn (€1.36bn/$1.44m), down slightly from the previous year.

According to the Commission, the reduction was caused by a general weakening across all markets, but particularly in the real event betting and casino submarkets.