FOBTs, Casinos Drive UK Land-Based Growth

Faster growth of UK bookmakers’ fixed-odds betting terminals (FOBTs) helped to lift the UK land-based market in the latest fiscal year, even as other sectors slowed down.

The Gambling Commission’s latest industry statistics, published last week, showed that gross gambling yield (GGY) in bricks-and-mortar gambling, excluding lotteries, was £5.44bn in the year to March 2015.

GGY rose 2.1 percent year-on-year, in line with growth in the preceding year but down from 5.2 percent in fiscal 2013.

Much of the growth came from a resurgence in FOBTs, which saw revenue climb 6.3 percent to £1.67bn after a broadly flat performance the year before.

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