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Gambling spends in the UK

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Gambling spends in the UKReading Time: 3 minutes

 

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

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity

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Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.

This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.

Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”

This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.

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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William Hill Announced as Official Betting Partner of Qipco Guineas Festival

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Leading bookmaker becomes official betting partner of first UK Classic meeting of 2024

William Hill has been announced as the new official betting partner of the Qipco Guineas Festival, the first UK Classic meeting of the season.

It’s the latest addition to William Hill’s spring racing roster, following sponsorship of The Lincoln Handicap at Doncaster, the Punchestown Champion Chase and its status as official betting partner of the Randox Grand National Festival.

The 2,000 and 1,000 Guineas headline the three-day meeting and the leading bookmaker will sponsor 15 races across the weekend with the Jockey Club Stakes, Palace House and Dahlia Stakes among the races now featuring the William Hill title.

Aidan O’Brien’s unbeaten superstar City of Troy is still all the rage for the 2,000 Guineas at 4/6 whereas Karl Burke’s Fallen Angel heads a competitive looking 1,000 Guineas market at 7/2.

“We’re delighted to become the official betting partner of the Qipco Guineas Festival, strengthening our relationship with The Jockey Club on the back of a fantastic Grand National Festival,” a spokesperson for William Hill, Lee Phelps, said. “It’s brilliant for William Hill to be associated directly with such a prestigious event at Newmarket, the home of the thoroughbred, for this season’s first two Classics. The company has a close connection with the history of the 2,000 Guineas as William Hill himself bred the 1949 winner, Nimbus, who then went on to win the Derby.

“We’re excited to be involved at racing’s key meetings and see the Qipco Guineas Festival as the perfect sponsorship as the British flat season kicks into gear.”

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

Fallen Angel 7/2
Ylang Ylang 4/1
Dance Sequence 5/1
Ramatuelle 10/1
See The Fire 12/1
Content 12/1
One Look 14/1
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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Midjiwan Supports Reforestation Efforts With New Elyrion Tribe Skin In The Battle Of Polytopia

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Midjiwan, the award-winning independent studio behind The Battle of Polytopia, is celebrating Elyrion (∑∫ỹriȱŋ) Tribe Week with a brand-new Midnight (₼idŋighţ) skin and donations to support reforestation.

Tapping into the Elyrion Tribe’s nature magic abilities, every purchase of an Elyrion item in the game will plant one real-world tree from April 22-28 2024. Midjiwan has teamed up with The Canopy Project, an organisation that works with global partners to reforest areas in urgent need of rehabilitation, combining The Battle Of Polytopia’s themes with a desire to make real change in the world. Previous years of Elyrion Tribe Week have resulted in the planting of over 12,000 trees.

The Elyrion Tribe is a mysterious group of elves, dedicated to defending their woodland home with their unique magic and connection with nature. Players using the Elyrion tribe have the ability to enchant animals into Polytaurs and summon powerful Fire Dragons.

Christian Lövstedt, General Manager at Midjiwan, commented:

“This is a hugely exciting partnership, allowing players to support the planet and contribute to reforestation whilst also accessing brilliant new content to use in The Battle Of Polytopia.”

Alongside donating to The Canopy Project, The Battle Of Polytopia also boasts a brand-new skin for the Elyrion Tribe! The Midnight skin allows players to create graves, build crypts, and summon demons in dark forests, all in service of the mysterious Shard of D’Naeh.

The Midnight skin re-skins the entire Elyrion Tribe as the Midnight Cult. Everything the Elyrion Tribe is all about – nature, enchantment, and sanctuary – is turned on its head, corrupted into a dark, twisted dystopia of itself.

Midjiwan has already invested €250,000 in solar power projects in rural areas around Africa, and other charitable projects. The studio continues to seek opportunities to combine its in-game creativity with real-world benefits. The Battle of Polytopia is available on Nintendo Switch, the App Store, Google Play, PC, and Tesla cars.

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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