The UKGC has reported that the UK online industry’s gross gaming yield for the 12 months to 31 March hit £5.3bn, as market yield jumped 4.2 percent to £14.4bn.
The online sector, which now accounts for 37 percent of the total market, saw its betting, bingo and casino revenue increase 12.8 percent, driving figures alongside comparatively slow-growing retail competitors.
Online casino betting led the verticals, contributing £2.9bn,or 54.6 percent of the total, £2bn of which came from slot machines, followed by £311.1m generated by table games.
Sports betting was the second most profitable market, adding £2.1bn, with football wagers coming in at £1bn and horse racing bets totalling £610m.
Bingo made up 3.1 percent of the online figure with £164.8m, exchange betting raised three percent with £160.1m, and pool betting added just £28.7m, equivalent to 0.5 percent.