The latest data from the UK Gambling Commission shows that as of September 30, the third quarter's total online gambling gross yield (GGY) reached 1.42 billion pounds, an 8% increase year-over-year, but a 5% decrease from the previous quarter, with the number of active monthly accounts decreasing by 7%. The online slots market remains dominant, while real event betting has seen a revival, and the physical gambling sector has experienced a decline.
Overview of Gambling Revenue in the Third Quarter
The total online gambling gross yield in the UK for the third quarter was 1.42 billion pounds, an 8% increase from the same period last year, but lower than the 1.49 billion pounds in the second quarter. The total amount wagered and the number of spins increased by 3% year-over-year to 26.1 billion, however, the average number of active monthly accounts decreased by 7%, reflecting a decrease in user engagement.
Performance of the Online Slots Market
Online slots continue to be the main source of gambling revenue, with a GGY of 747 million pounds, a 9% increase year-over-year, and a total of 24.4 billion spins, consistent with the previous quarter. However, the number of active monthly accounts slightly decreased by 0.4% to 4.4 million, and the average playing time slightly decreased to 16 minutes, with new betting limits not hindering growth.
Analysis of Other Areas and Physical Gambling
The GGY for real event betting grew by 12% to 508 million pounds, but the total number of bets decreased by 3%, and the number of active monthly accounts decreased by 14%. Other games such as online poker decreased by 15%, and physical gambling GGY decreased by 5% to 508 million pounds, with machine betting revenue being the highest but slightly declining.
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