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Slots Revenue Reaches Record High in Q3

Slot game revenue has reached a record high as the UK Gambling Commission provides an update on the gross gambling yield in the industry, which totalled £1.32 billion in the three months leading to 30th of September.

An 11% boost in the latest market overview of gambling in general was partially driven by 16% more activity for UK slot games.

The number of active accounts each month increased by 8% while the total bets across all forms of gambling rose to £25.2 billion. Q3 saw significant revenues but did not surpass those of the previous quarter, when the GGY was £1.46 billion.

Golden Coins Stacked by a Slot Machine

Slots Driving GGY Forward

Slot game GGY hit £680 million in this spell, with the number of spins per session (on average) dropping from 147 to 142.

These figures can also be used to identify certain trends. The number of players engaging in longer sessions has increased, with a 9% rise in users playing for over an hour. Total slot sessions reached 164 million hours.

There is a note in the figures that a popular occupier reclassified some of its gaming products as slots, which may have had an impact on the figures.

The data covers the revenues recorded by the biggest operators, though the specifics of the operators are not published.

Wagering Increases

The real event betting also surged as the figures hit £453, up by 6% on last year’s figure.

The number of bets placed has decreased by 10% but there are more active monthly users, which has helped to raise revenue.

UK Retail betting dropped significantly, and only takes 0.1% of all the bets in the UK. The number of over-the-counter bets made by UK consumers has dropped 6% compared to previous years. Self Service terminals are growing in popularity, but people are still more likely to use their devices.

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Alex is an expert in the field who writes on various subjects relating to online gaming, and he has been doing so for the last 9 years. Alex makes sure that readers have access to thorough and informative news coverage, addressing topics from the most recent developments to the latest trends in the casino industry.

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