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British Gambling Market Worth Over A Billion Pounds

9/22/09 - The UK Gambling Commission has released some interesting statistics estimating the remote (online) gambling market in that country to be worth GBP 896 million in 2008.

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The Commission used information from gambling industry trade bodies, the Department for Culture, Media And Sport and Her Majesty’s Revenue and Customs in arriving at the statistic, as well as information from its own regulatory returns submitted by licensed operators.
 
The UK gambling industry as a whole achieved a turnover of over GBP 84 billion with gross gambling yield at around GBP 9.9 billion, 25 percent of which was generated by the National Lottery alone.
 
The regulator revealed that the number of remote gambling licenses issued in 2008 rose from 300 to 328 with the majority of these consisting of betting exchanges alongside football pool and general betting.
 
“The majority of gambling sites accessible to British citizens are regulated overseas,” the Commission noted.
 
“In many cases an operator is licensed by the Commission for remote betting but (for fiscal and other operational reasons) its remote casino and poker operations are licensed overseas. The main European overseas jurisdictions regulating remote gambling are Alderney, Gibraltar, the Isle of Man and Malta.”
 
The report shows that an estimated 7 800 people are employed in the UK remote betting, bingo and casino industry, working with 6.2 million active customer accounts and 4.9 million new player registrations over the year. 16 million customer accounts held some GBP 257 million.



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888Poker Takes Over the States - With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?

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MPN Poker Tour Bratislava Results - Alex Hendriks Wins Inaugural MPN Poker Tour Bratislava Main Event and €27,000

MPN Poker Tour Bratislava | Day 2 - It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.

MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

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