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Evening Standard
Evening Standard
Josie Clarke

GB gambling industry makes £16.8bn in year to March – up 7.3%

The figures follow reports that the Chancellor could announce an increase to the rate of tax paid by bookmakers on all online earnings (PA) - (PA Archive)

The gambling industry made £16.8 billion from consumers in the year to March after paying out any prizes – up 7.3% on the year before, official figures show.

The Gambling Commission said the latest annual industry statistics, which report on the customer-facing gambling industry in Great Britain, showed the rise in “gross gambling yield” (GGY) was largely driven by online gambling, which had gone up by more than £900 million to an annual figure of £7.8 billion.

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