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UK gaming revenue up 7% in FY2023

UK gaming revenue up 7% in FY2023

Image source: unsplash.com, Maxim Melnikov

UK gross gaming revenue (GGY) for the financial year ended 31 March 2023 was £15.1 billion. This follows from a report published recently by the Gambling Commission (UKGC).

Compared to the previous fiscal year, GGY grew by 6.8%.

The share of retail gambling increased over the year from 35% to 41%, amounting to £4.5 billion.

The National Lottery generated revenue of £4.15 billion.

£4.0 billion was generated by online casino games, with £3.32 billion of this amount attributed to slot machines.

Online sports betting revenue was £2.3 billion. Football accounted for £1.1 billion in bets.

Online bingo generated revenue of £174 million.

Total online gambling revenue grew by 2.8% over the year, reaching £6.5 billion.

Published December 5, 2023 by GamblingTalk
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