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Gambling Continues to Grow in the UK

Gambling Continues to Grow in the UK

A study recently published by Smart Live Gaming shows that gambling, in particular online gambling, is on the rise in the UK and this trend is expected to continue for the foreseeable future.

The study showed that they UK has an extremely strong gambling culture and that online gambling has a very important role and is likely to become the most popular form of gambling. It found that those between the ages of 18 to 24 are the most active sports bettors but the most active gamblers overall are the 25 to 34 year olds.

At present betting on horseracing is the most popular activity with 63% of money bet going on the races. It is followed by online betting at bookmakers with 44% and offline sports betting with 37%. Interestingly, the study found that a massive 86% of gamblers are male and only 14% are female.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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