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Gambling spends in the UK
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OnlineCasinos.co.uk, the UK-based site, has released a study which details the UK average household expenditure and comparing this with average spends within in-house Casinos. ‘Drop and Win Data’ has been collected from The Gambling Commission and analysed against household expenditures and other lifestyle and cultural spends such as holidays, drinks and charitable costs.
Household Expenditure
OnlineCasinos.co.uk uncovered that £6,282,066,387 was spent in in-house Casinos between November 2017 and October 2018, with the weekly average spend in in-house Casinos being £6.28 per household. This data shows that on average the British public is spending more on in-house Casinos than they are on their pets and medicines.
Product | Amount Spent per Week |
Casinos |
£6.28 |
Medicines, prescriptions and healthcare products |
2.10 |
Cigarettes |
2.60 |
Telephone account |
4.10 |
Rail and tube fares |
4.30 |
Footwear |
4.80 |
Non-alcoholic drinks |
4.90 |
House Maintenance |
5.00 |
Pets and pet food |
5.60 |
Education Fees |
8.20 |
Alcoholic drinks bought |
8.70 |
Paul Sunnucks of OnlineCasinos.co.uk says:
“As surprising as it may seem, gambling is a huge part of British family life — together, more than £6 billion in casinos in a single year. As a weekly average, we spend £6.28 on casinos per household. That’s more than we do on medicines (£2.10), phone bills (£4.10), the commute (£4.30), and even our own pets (£5.60)”.
Casino Winnings
While so many members of the public are spending money on a weekly basis in the Casino, the Casino industry is taking significant earnings.
Region | Winnings Kept |
High-end London |
£151,939,466 |
Other London |
£334,269,915 |
Midlands and Wales |
£100,974,557 |
North |
£111,914,429 |
Scotland |
£31,718,061 |
South |
£79,730,418 |
Total winnings: |
£810,546,846 |
The total winnings equate to over nine times the salary of the highest paid footballer, who is paid £81,900,000 per year.
Regional Spends and Alternate Options
The British public put a staggering amount of money into the in-house Casino industry which could be spent on other things, maybe even a trip to the famous Las Vegas.
Research has found the number of pints, the number of flights to Las Vegas, Nevada and the number of homeless beds that could be paid for for the night, instead of the money being spent in in-house Casinos.
Region | Total spend | Amount of nights in homeless shelters | Amount of pints per region | Amount of return adult flights to Las Vegas |
High-end London |
£1,851,877,574 |
370375514.8 |
617292524.7 |
3940165.051 |
Other London |
£2,348,060,145 |
469612029 |
782686715 |
4995872.649 |
Midlands and Wales |
£670,835,642 |
134167128.4 |
670835642 |
1427309.877 |
North |
£724,990,229 |
144998045.8 |
241663409.7 |
1542532.402 |
Scotland |
£195,232,681 |
39046536.2 |
65077560.33 |
415388.683 |
South |
491,070,116 |
98214023.2 |
163690038.7 |
1044830.034 |
Attendance Figures
OnlineCasinos.co.uk found that by the end of 2018 physical casino attendance dropped 10.42% from November 2017.
Apr 2015 – Mar 2016 |
Apr 2016 – Mar 2017 |
Apr 2017 – Mar 2018 |
|
Scotland | 1.61 million | 1.5 million | 1.45 million |
The North | 5.18 million | 4.94 million | 5 million |
The South | 3.75 million | 3.83 million | 3.72 million |
Wales and The Midlands | 3.75 million | 3.83 million | 3.72 million |
London | 6.4 million | 6.02 million | 5.89 million |
Paul Sunnucks of OnlineCasinos.co.uk says that although there is a drop in attendance to physical casinos, there is going to be a rise in those playing online:
“The number of players using real-world casinos has dropped steadily since 2015, falling as sharply as 10.2% since last November. Although attendance is falling, more and more British gamblers are enjoying the online casino experience from the comfort of their own homes.”
About OnlineCasinos.co.uk:
OnlineCasinos.co.uk provides trusted, independent reviews of all the major online casinos available in the UK. We have a passion for gambling and know what a great online casino should be. OnlineCasinos.co.uk only reviews gambling sites that operate under the strict regulation of the following regulatory bodies in the UK.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Gambling spends in the UK
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The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.
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Newmarket – 2,000 Guineas: May 4, 2024
City Of Troy | 4/6 |
Rosallion | 4/1 |
Notable Speech | 12/1 |
Henry Longfellow | 12/1 |
Night Raider | 16/1 |
Alyanaabi | 16/1 |
Ancient Wisdom | 16/1 |
Task Force | 16/1 |
Ghostwriter | 16/1 |
Iberian | 20/1 |
BAR | 25/1 |
Newmarket – 1,000 Guineas: May 5, 2024
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Ylang Ylang | 4/1 |
Dance Sequence | 5/1 |
Ramatuelle | 10/1 |
See The Fire | 12/1 |
Content | 12/1 |
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Pretty Crystal | 14/1 |
Buttons | 20/1 |
Purple Lily | 20/1 |
Porta Fortuna | 20/1 |
Star Style | 20/1 |
BAR | 25/1 |
The post William Hill Announced as Official Betting Partner of Qipco Guineas Festival appeared first on European Gaming Industry News.
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The post Midjiwan Supports Reforestation Efforts With New Elyrion Tribe Skin In The Battle Of Polytopia appeared first on European Gaming Industry News.
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