UK’s online GGY up 11% in Q3 as slots revenue reaches record high

Thursday, October 31, 2024 8:43 PM
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  • Nicole Macedo, iGaming Business

The UK Gambling Commission has reported a gross gambling yield (GGY) of £1.32 billion [$1.70 billion] in the three months to 30 September as slots revenue hits record high.

The UK Gambling Commission latest market overview shows the 11% GGY increase was driven largely by a 16% uptick in online slots activity among UK gamblers.

The number of monthly active accounts rose 8%, while total bets across all verticals was up 12% to £25.2 billion [$32.5 billion]. The figures for Q3 did not surpass the previous quarter’s £1.46bn GGY.

Slots GGY hit a new high of £680 million for the period, although the average number of spins per session dropped from 147 to 142 year-on-year and the GGY per session fell from £4.20 to £4.13.