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UK online gaming market continues to grow

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Gambling Commission's latest figures from October 2015-September 2016 show igaming sector made up 32% of overall market and £4.5bn in GGY.

The UK Gambling Commission (UKGC) has released its statistics for the UK gambling market between October 2015 and September 2016, with the remote sector making up 32% of the overall market and £4.5bn (€5.2bn/$5.8bn) total gross gambling yield (GGY).

The remote sector reached £4.5bn GGY, from £4.2bn GGY for the previous year and casino games generated the highest turnover at £2.4bn GGY, primarily through slots games, which accounted for over half that total at £1.6bn.

The UKGC said that for the gambling industry as a whole in the UK, GGY stood at £13.8bn, an increase of 2.9% compared with the previous year.

The only areas which did not see growth were bingo and the National Lottery.

In land-based gaming, the overall number of gaming machines across the industry decreased slightly to 176,410, but with a continued increase in machine GGY in all sectors, except bingo.

Fixed odds betting terminals generated the highest machines GGY at £1.8bn, which represented a rise of £57m on the Commission's previous industry figures report in November

Meanwhile in its “Betting, Gaming and Lottery Duties” bulletin, HMRC reported that remote gaming duty (RGD) receipts had grown 6.2% to £357m in the year ending March 2017.

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