UK Set for Bingo Surge

The UK gambling market is set for a 5% growth in the next few years, worth an additional $2 Billion.

According to experts, the compound annual growth rate is set to surge by 5.25%, accounting for an additional $2.83 Billion between 2021 and 2026.

Forecasters predict that the bingo sector, in particular, will benefit most. 

A thriving online regulated space for gamblers in the UK, combined with social media fuelling the bingo craze, are key reasons behind the expected growth, along with online operators bolting on additional game interest with slots, table games and live casinos.

A study by statista.com showed that: “During the period April 2021 to March 2022, the industry generated a GGY of 14.08 billion British pounds. This shows an increase from the previous year’s yield of 12.69 billion British pounds.”
Source: Square Mile