At the most recent Global Gaming Expo (G2E) in Las Vegas, Tim Miller, the Executive Director of the Gambling Commission, addressed the recent shifts in the British gambling landscape.
Miller began by emphasizing, “Regardless of the size or established nature of your jurisdiction, external influences always come into play.” He then provided some noteworthy statistics. The Gross Gambling Yield, excluding an additional $10 billion from lotteries, reported at the end of March 2022 was £14.1 billion ($17.3 billion).
By March 2023, 44% of adults reported engaging in some form of gambling activity within the preceding four weeks.
Miller says that since the onset of Covid-19, many aspects of the world have changed, and gambling has not been exempt. The similarity of these numbers to early 2020 does convey a narrative in itself.
He went on to elaborate on the significant transformation underway in the UK markets. The Gambling Commission not only concluded the largest enforcement case in history in the past year, but also set records for the largest settlements—twice.