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Double digit increase in Uk Online Gambling

UK GAMBLING COMMISSION REPORT NOTES GROWTH OF ONLINE COMPONENT
 
Double digit increase in overall industry.
 
Figures from the UK Gambling Commission indicate noticeable growth in the overall industry, with financial spread betting, foreign exchange, and contracts-for-difference all prevalent in the UK market, much of it online.
 
Gross gambling yield for the UK between October 2014 – September 2015 was recorded as GBP 12.6 billion) compared with a figure of GBP 11.2 billion in the period between April 2014 – March 2015...a jump of 12.5 percent.
 
Approximately 29 percent or GBP 3.6 billion of UK gambling market share is now held by online betting, bingo and casinos, with growth remaining steady.
 
The National Lottery remains a popular wagering source with an increase of 2.1 percent from GBP 1.67 billion during the period between April 2014 – March 2015.
 
The number of retail betting shops over the period fell by 1.9 percent compared to 8,809.
 
Commission director James Green commented:
 
“For the first time the figures include almost a full year’s worth of data relating to online gambling operators – the market share of the online betting, bingo and casino sector is 29 percent and we’ll be interested to see how this varies over time. Offline we’re seeing changes. For instance, there’s been a reduction in the number of betting shops, arcades and bingo halls in the last two years.”
 
“Market trends and consumer participation research are key to shaping the Commission’s regulatory policy to keep gambling in Britain safe for consumers, fair, and crime-free,” he added.

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Gambling News :

Pokerstars Now Lead Sponsor of Global Poker League - Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.

Betconstruch invests in Ucrafts - BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.

Plus500 Founders Selling Off Shares - Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.

Rush Golf Live Launches - Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.

British Basketball League in Deal With Perform - The British Basketball League has agreed a six-year deal with Perform, a digital sports content and media group, for the distribution and sale of all global media-related rights.

Ashley Sandyford Sykes Sharing Slot Expertise - Sandyford-Sykes has experience in the development of over a hundred popular online slot titles and led the Quickfire development team at Microgaming.

2016 WPT National Marrakech High Roller Results - Spanish poker pro Nabil Cordoso boosted his career earnings by a useful $66,873 this week when he was awarded the first prize in the PMU.fr WPT National Marrakech High Roller event in Marrakech.

GreenTube and Chopsticks In Partnership - Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.

DraftKings Investigating Collusion Complaint - The stigma of cheating has surfaced again in the daily fantasy sports sector following allegations that two players colluded in a million dollar contest at DraftKings.

Singapore Gambling Exemptions Granted - The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.

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