If we look at the decade gone by, the gambling industry across the world has gradually made a shift to the online world. If we talk about the UK market in specific, it is divided evenly between live betting and online operations. As per the UK Gambling Commission, almost 50% of the entire gambling revenue in the country is generated through in-person betting.
However, there has been a significant shift towards online gambling in 2020, owing to the current global situation. However, different types of changes are being witnessed in different gambling forms. Let’s learn more about it below.
There has been a significant 25% increase in the number of people playing online slots in the last one year. Their numbers are now more or less constant, and it’s the popular slot games like Mega Moolah (which has delivered instant millionaires time and again), Age of the Gods and Lucky Emeralds that have been bringing slot players back to the platforms again and again.
Betting (on Real and Virtual events)
It’s the sports betting or the general betting industry which has witnessed the biggest changes over the past year. Year-on-year figures for virtual betting had gone up by 88% in March 2020. With the live sports action returning back to normal in the past few months, betting on actual sports has also started showing an upward trend, but virtual betting continues to enjoy huge popularity amongst the UK punters still.
Talking more about betting on real events, there has been a notable shift to online betting platforms. The return of reputed sports events such as boxing, golf, football etc., has led to an increase in the number of online punters in the last few months.
Well-known casino games like baccarat, blackjack and roulette are played extensively online, and also bring in a lot of live casino betting revenue. Blackjack, in particular, is a huge favourite considering its lower house edge. Players prefer to play at reliable and top-rated UK casino sites that can offer an optimum experience to them. The number of people who gamble at online casino platforms has almost remained the same, revealing that people have maintained their interest in indulging at these websites.
The popularity of online poker is at an all-time high right now. The year-on-year figures for the number of people who play online poker grew by a significant 53% in March 2020. Although the percentage of figures have reduced over the months, online poker still enjoys huge demand in the UK right now.
The industry has managed to score handsome figures both in terms of revenue and the number of players this year. Online poker websites offer an impressive variety of games, with Texas Hold‘em continuing its hold as the most popular version of the game. Other variations like Stud, Omaha and Draw poker are also gaining prominence gradually.
On the whole, it’s fairly evident that online gambling is here to stay in UK and will only grow in the future. This trend is not temporary and will be witnessed going forward too.
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