GGY in the United Kingdom is down 6%
Gross gaming yield (GGY) in the United Kingdom decreased in the third quarter of the fiscal year 2021/2022.
According to the Gambling Commission, Covid-19 continues to have an effect on the British gambling industry, which earned £1.2 billion ($1.63 billion) in GGY for the three months ending 31 December 2021, a 6% decline from the second quarter.
The data was obtained from licensed betting operators (LBO) and includes both online and in-person gaming between March 2020 and December 2021, according to the company.
December's total online GGY was £421 million, whereas between Q2 and Q3, total bets/spins increased by 4%, although the number of active accounts remained stable.
Slots GGY climbed by 1% to £568 million between Q2 and Q3, while average playtime increased by 8% to over 8.1 million.
In Q3, the average session was 19 minutes, with nearly 7% of all sessions lasting longer than an hour.
Meanwhile, spins grew by 3% to 18.2 billion, while active players jumped by 5% to 9.8 million.
Commenting on these figures, the Gambling Commission said: “We recognise that the country is now entering a different phase as we adjust to life after a series of restrictions.
“We continue to expect extra vigilance from operators as consumers are impacted in different ways by the circumstances brought on by the pandemic and the wider economic environment.
“Many people will still feel vulnerable as a result of the length of the pandemic period, further uncertainty about their personal or financial circumstances or readjusting budgets and time as life returns to normal with a wider set of finance drivers.”
By fLEXI tEAM