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August 26 2014

ukgambling

Interesting Facts And Figures about UK Gambling Industry

Overview

There are many countries in world where gambling in its most shapes is either banned or allowed under strict monitoring of state’s organizations. However UK can be called as a heaven for gamblers, as this country have a thorough mechanism for gamblers and gamble facilitators which usually supports the process of gambling. There is a state maintained lottery also available in UK. Following are some of the interesting facts regarding to gambling in United Kingdom!


State Owned Lottery!

As we mentioned above, UK is a state that runs its own lottery, which is called The National Lottery. There are many games available to be played under this brand including Lotto, Euromillions & Thunderballs. Huge amount of money is disbursed between lucky winners. For example The Lotto’s next jackpot is announced with expected price money of £2,100,000. For making an entry a player buys a ticket for his desired game and chooses a combination of six numbers from defined series.

Taxation & market value

In UK, 15 % tax is applicable on all kind of gross profits, which are earned by getting involved in process of gambling. Gambling market is assumed to be more

Statistics

Here is some information about gambling statistics extracted from official resources of United Kingdom’s Gambling Commission! Through a survey time-bound for Jan to June 2014 these key findings were emerged, when the respondents were asked about their activity in gambling during past four weeks,

  • National lottery tickets remained the most popular gambling (40% of the respondents)

  • Other lotteries share in gambling market remained 14%, scratch cards based gambling share remained 10% and for horse rated the share percentage was around 7%.

  • In Uk males are more involved in gambling with respect to the females, 19% of the male respondents nodded in yes while female percentage remained 11%

  • On average basis, 55% of the respondents confirmed their involvement in a gambling activity during pas four weeks.

  • Gamblers in 55-64 years, age group participated more in gambling than any other age group, however this information does not includes online gambling.

  • In online gambling players in age band between 35-44 years remained more active in all.

Age Restrictions

There are certain type of gambling which are prohibited for non adults, including gambling in casinos and use of gambling machines that falls in any of these categories, A, B1, B2, B3, B3A, B4, and C. national lottery and scratch card gambling is allowed for teen agers of age 16 & above. And other kinds including private lotteries are open to all !

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