Studies suggested that more than 420,000 online gamblers from the UK lose at least £2,000 a year. 420,000 British gamblers lose around £2,000 online annually. Reports suggested that the increase was due to the layoff of almost 8,000 employees in the UK’s gambling industry from March to September 2019 (from 106,000 employees to 98,174). The 2021 article stated that online gambling operators earned £3,190 million from late 2018 to 2019 due to UK’s online market. UK gambling sites earned an estimated £3,190 million from October 2018 – September 2019. The data also indicated that only 15.8% were 16-24 years old in 2021. Compared to 2019, only 23.9% of bettors were aged 45-54. In September 2021, the distribution of UK online gamblers per age group suggested that 32.8% were aged 45-54. British online gamblers aged 45-54 were estimated to be around 32% in 2021. The data also suggested that 4.9% preferred sports betting, while 2.6% participated in Horse Racing. Among the 11 types of gambling activity, 14% of Brits bet on the online National Lottery, while 8.3% bet on other Lotteries. National Lottery was the most-wagered online gambling activity in the UK during 2021. During 2021, 14% of online bettors in the UK prefer to wage on the National Lottery. The initiative was vital in developing the UK’s online betting scene.īelow are some stats about online gambling in the UK. The mandates also resulted in the licensing system for online casinos. UK’s Gambling Act of 2005 helped the country’s gambling industry. While the pandemic might be online gambling ’s most significant catalyst, the industry has continued since the early 2000s. Let’s dive deeper and explore these statistics. These values proved that the UK’s gambling industry is massive, as is the number of people involved.

Illicit drug use: an estimated 628 people (£1.8 million).

Alcohol dependence: an estimated 20,658 people (£3.5 million).Depression: an estimated 69,099 people (£508 million).Gambling-related suicides: between 117-496 deaths (£241.1 to £961.7 million).The UK government studies linked gambling to mental and physical harm, stating the following: Gambling health impacts were equal to £635 million – £1,355.5 million from 2021 to 2022. The most recent figures for 2022 combine for approximately £1.05 to £1.77 billion in losses. The government’s 2023 economic analysis estimated that the cost of harm associated with gambling is equivalent to £412.9 million.

Uk sports betting revenue by adult