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GTI Global Network > News > International
UK is the largest online gambling market (2015/08/24)

The betting market in the United Kingdom is worth more than £6 billion annually ($9.8 billion USD), according to the country’s Gambling Commission. As of last year there were more than 107,000 people employed in the industry.

A lot the growth in the UK gambling sector is thanks to online betting, driven by the best online Casino Sites in the UK. The United Kingdom is the largest online gambling market in Europe, with the continent being valued at $14.7 billion these days.

The country has arguably has been the world leader in online gaming, unlike the United States, since a favourable law went into effect in 2007. Wagering on sports via the Internet alone is worth around £650 million annually. The total online gambling population in the UK is estimated at 2.1 million customers.

The UK represented eight percent of the entire European online casino market as of 2012, according to research from analysts Deloitte. Growth for online casinos has been more than 10 percent annually.

According to a report from the daily leader The Guardian, online gaming is as popular as any other type of gambling in the UK when you factor in frequency. Online gaming and betting on horses/dogs are the population’s two favourites based on this more sophisticated model.

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