Saturday, January 11

Tag: Regulus Partners

What will it require to return UK retail wagering to development?

What will it require to return UK retail wagering to development?

Entertainment
UK retail wagering remains in decrease. Can the sector take motivation from a high street wagering stalwart and Serbia's growing social scene to turn the channel's luck around? UK retail wagering continued its sluggish long-lasting decrease in Q3 2024 with the channel's gross betting yield (GGY) falling 1% to ₤ 533 million in the UK, according to UK Gambling Commission information. Entain reported a drop of 2% in retail wagering profits in the market, while Evoke observed a 9% fall in profits throughout its worldwide retail portfolio. Online betting is rising in appeal due to alleviate of gain access to and enhancing innovation. The Gambling Commission reported a general Q3 GGY of ₤ 1.32 billion (EUR1.6 billion/$1.7 billion), with online genuine occasion wagering GGY increasing by ...