The Gambling Commission has published data showing that online total Gross Gambling Yield (GGY) in Quarter 4 (January to March) was £1.3bn, an increase of five per cent from Quarter 4 the previous year.
The overall number of total bets and/or spins increased nine per cent year-on-year, whilst the average monthly active accounts increased 11 per cent
With the reporting period covering the Cheltenham festival, real event betting GGY increased 13 per cent year-on-year to £555m, with total bets and actives also increasing, 19 per cent and nine per cent respectively for the vertical.
Slots GGY increased two per cent to £552m between Quarter 4 2021 to 2022 and Quarter 4 2022 to 2023. The number of spins increased nine per cent, while the average monthly active accounts increased 15 percent to 3.9m per month during the same timeframe.
The number of online slots sessions lasting longer than an hour increased by 10 per cent year-on-year to 8.8 million. The average session length remained at 17 minutes for the fourth quarter in a row, with approximately 6.4 percent of all sessions lasting more than one hour
LBO GGY increased 6six per cent to nearly £585m in Quarter 4 2022 to 2023, compared to the same quarter last year, while the number of total bets and spins increased two per cent to 3.3bn.