UK Online Gambling Popularity Increase in 2019
Without a doubt, online gambling is increasing in popularity all over the world. This is because online gambling is easier and more convenient for bettors. Thus, it is not a surprise to sports betting experts that see UK Online Gambling Popularity Increase in 2019.
According to Gambling Software Companies, UK online gross gambling yield from online gambling operators went up to £11.3bn in 2019. They are several reasons why Online Gambling Popularity would increase in the UK in 2019. However, the UK Online Gambling Popularity Increase has been steady for the past 10 years. Thus, it is not a sudden increase for only 2019.
One of the reasons behind the success of UK Online Gambling is because of the increase in online gambling licenses. According to the National Audit Office (NAO), the issuance of gambling license grew by 57% in the last 10 years. Furthermore, it is in part due to operators adding online and mobile gambling to their list of betting options.
Reason for the UK Online Gambling Popularity Increase
The Sportsbook Pay Per Head Industry believes the increase in online activities is normal. In addition, they believe it is a growing trend that will spread to the rest of the global gambling industry. The most obvious reason is because the next generation of gambling do everything online. In fact, most have never even been inside a physical sportsbook or casino.
Furthermore, thanks to the growth in internet technology, the internet is much faster than before. As the speed of the internet grew, so did the quality of online gambling. This it made became more attractive to sports bettors and casino players.
Furthermore, the development of mobile apps because a huge step forward for the gambling industry. They made a new market yielding in many new consumers. Before, sports betting software apps, live in-game betting was never popular. However, today it is becoming one of the fastest growing sources of income for a sportsbook.
Even now, more betting options are being made to take advantage of the growing technology. The latest being the Prop Bet Builder which allows players to make their own bets.