Online Bingo's Roundup of Online Gambling News: 3 May 2024

From industry trends to exciting announcements, we curate the best content for you.

Join us every week to discover what's new and noteworthy.

Gross Gambling Yield increases due to online slot use

In the fourth quarter of the 2023 to 2024 financial year, online gross gambling yield increased 5% year over year. This was mostly driven by online slots, which increased by 11%.

In addition, during this period, total bets increased by 10% (surpassing 24 billion), hitting a new record and the number of average monthly active accounts showed a year-over-year increase of 2%.

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UKGC to implement industry checks

The United Kingdom Gambling Commission (UKGC) will implement industry affordability changes. They aim to encourage customers' safety and choice. They will trigger after a monthly consumer spend of £150 or more. Read the full article.

Entain awarded top ten places to work accolade

Gaming company Entain, formerly known as GVC Holdings, was recognised as one of the best places to work. LinkedIn placed the company third in the top ten workplaces.

Technology sector organisations are scored on factors, including gender diversity and career progression. Entain was the only gambling company to feature in the top ten.

UK online gambling revenue reaches £500 million

Revenue from online gambling in the UK reached £518 million in March this year, a 5% increase. This is the gambling industry's best month since May 2021.