Some may think that the online gambling market has already reached a saturation point, but this is nowhere near the truth. The industry is rapidly growing and expanding daily, with new sites emerging and new games being developed. In the UK, the market is one of the largest in the world and there are no signs of it slowing down. It is estimated that the industry will see a market growth of 5.3% in 2023.
One thing that has helped the UK market continue to grow is access by players from other countries. Reports show that nearly 80% of gamblers who play online access UK casino platforms. This has resulted in a major increase in generated revenue.
Online gamblers from the UK are known to spend most of their money betting on slot games. Between 2020 and 2021, slot games generated 72.5% of GGY. Software developers are aware of this and are always working to develop innovative games that continue to draw players. As new games are released, more time and money will be spent placing bets, leading to continued growth within the industry.
Reasons Behind Growth
These UK apps for casino games are the main factor that contributes to the growth of the online gambling sector in the UK. However, there are certain reasons these websites have propelled the industry ahead. Innovation is one of these things. Every operator in the UK is seeking innovative ways to provide players with exciting options for gambling. Whether sites offer new VR games or host newly released titles, online casinos remain at the forefront of the industry and are always making use of the latest technology.
Accessibility has played a major role in the growth. Since gamblers have instant access to online casinos and sportsbooks, they have a safe and simple way to place wagers from home or by using a mobile device. The focus on mobile gambling has also helped the industry increase rapidly. With millions of players in the UK using a smartphone or tablets to access websites, mobile accessibility has been one of the driving forces behind the growth and popularity of online gambling.
The continued use of mobile devices will help the UK market grow in 2023, with an expected increase of 11%. As more players find mobile casinos to provide safe and secure ways to play, gamblers are drawn to apps and instant play operators that provide the best games and amazing player perks.
Finally, enhanced security measures that are taken by websites licensed in the UK have provided players with a safe environment for real money gambling online. With licensing requirements and specific regulations in place, gamblers have access to the most secure sites and can be sure their details are 100% secure. Sites operating with a UK Gambling Commission licence are known to be among the safest in the world due to the strict regulations that are followed.