Slots temple casinos12/21/2023 ![]() Online slots now constitute nearly 30% of the industry’s total income, a significant leap from the 23% reported before the pandemic. These slot machine revenues have more than doubled since 2016, reaching an all-time high of £3.2 billion ($4.05 billion). The UKGC’s data highlights that, excluding the national lottery, the gambling sector made £10.95 billion ($13.86 billion), as most of this revenue came from losses on digital slot machine games, which have witnessed a staggering surge. Gambling-Related Losses Are at an All-Time High The latest data released by the Gambling Commission (UKGC) on Thursday reveals that the gambling products associated with the highest addiction risk drove most of this growth, prompting renewed discussions on the best ways to protect consumers. The UK’s betting and gaming industry has achieved record-breaking revenues, surpassing £15.1 billion ($19.11 billion) in the year ending March 2023.
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