Even prior to the coronavirus pandemic, online slots were on track to imminently overtake traditional gaming machines in the UK after the introduction of a £2 cap on fixed-odds betting terminal (FOBT) stakes.
Following a rare 0.7 percent year-on-year decline in overall UK gross gambling yield (GGY) to £14.33bn in the year ending March 2019, new industry statistics show that the market-wide total edged back a further 0.5 percent to £14.26bn in the year to September 2019.
The latest shortfall was driven almost entirely by a 20 percent year-on-year decline in betting shop FOBT revenue to £1.47bn, reflecting six full months of operations under the £2 maximum stake imposed from April 2019.
To continue reading please log in or request a demo to speak to a member of the team.
Request a Trial
Click here to request a trial