In the financial year 2022–2023, the total gross gambling yield (GGY) from casinos, after deducting player winnings, amounted to £4.85 billion. Of this, £4.04 billion was generated by online (remote) casinos, while land-based (non-remote) casinos contributed £0.81 billion.
Online casinos now make up around 83.3% of all casino earnings in the UK, highlighting the increasing popularity of digital gambling. People are turning to online platforms more because they are more convenient and accessible than visiting a physical casino.
This article covers details about the profits earned by casinos, the number of casinos in the UK, and the profits earned by gambling businesses in the country.
Revenue Made By Casinos In The UK: Key Highlights
- As of 2023, 144 licensed casinos were operating offline across the United Kingdom.
- In the financial year 2022–2023, casinos in the UK earned £4.85 billion after paying out winnings.
- Total casinos in the United Kingdom earned £13.29 million daily.
- Online casinos contributed a significant portion of this revenue, about 83.3%, earning £4.04 billion.
- Land-based casinos accounted for £0.81 billion of the total earnings.
- An offline casino made approximately £5.63 million in a year and £15,410 in a day that year.
How Many Casinos Are There in The UK?
In 2023, there were 144 offline casinos in the United Kingdom.
This number was similar to that recorded in 2022, but lower than the 156 casinos recorded in the United Kingdom in 2020.
Here is a table displaying the number of offline Casinos recorded in the United Kingdom by year:
| Year | Number of casinos in the United Kingdom |
|---|---|
| 2023 | 144 |
| 2022 | 144 |
| 2020 | 156 |
| 2019 | 153 |
| 2018 | 152 |
| 2017 | 150 |
| 2016 | 152 |
| 2015 | 148 |
| 2014 | 147 |
| 2013 | 144 |
Source: Statista
How Much Money Do Casinos Make In The UK?
In the financial year 2022–2023, casinos in the United Kingdom made a total of £4.85 billion after paying out player winnings.
About 83.3% of this revenue came from online casinos, which brought in £4.04 billion, while offline (in-person) casinos contributed the remaining £0.81 billion.
In FY 2022–2023, the gross gambling yield (GGY) grew by 6.59% compared to that of £4.55 billion recorded in FY 2021–2022.
Here is a table displaying the profit earned by the casinos in the United Kingdom by financial year:
| Financial Year | Casino Gross Gambling Yield (British Pounds- £) | Percentage Change from Previous Year |
|---|---|---|
| 2022–2023 | £4.85 billion | 6.59% |
| 2021–2022 | £4.55 billion | 10.17% |
| 2020–2021 | £4.13 billion | -2.82% |
| 2019–2020 | £4.25 billion | 1.87% |
| 2018–2019 | £4.17 billion | 1.46% |
| 2017–2018 | £4.11 billion | 7.59% |
| 2016–2017 | £3.82 billion | 13.69% |
| 2015–2016 | £3.36 billion | – |
Source: Statista
How Much Do Casinos Make A Day In the UK?
On average, an offline casino made about £5.63 million in a year in the 2022–2023 financial year.
On calculating, the offline casinos in the UK made an earnings of £469,166 each month, while the daily earnings amounted to £15,410.
Here is a table displaying the profit made by the offline casinos over time in the 2022–2023 financial year:
| In a Year | £5.63 million |
| In a Month | £469,166 |
| In a Day | £15,410 |
How is it calculated?
Offline casinos made £0.81 billion in FY 2022–2023, and there were 144 casinos in the country. Hence, dividing we get approximately £5.63 million made by a casino in that year.
How Much Profit Do Casinos Make From Online Gambling?
In FY 2022–2023, online casinos in the United Kingdom made a profit of £4.04 billion.
That was an increase of 4.94% compared to the previous year.
In FY 2021–2022, the online casino profit in the United Kingdom was recorded to be £3.85 billion, which was a decrease of 3.99% compared to the profit of £4.01 billion recorded in FY 2020–2021.
Here is a table covering the profits made by the online casinos in the United Kingdom:
| Financial Year | Online Casino Gross Gambling Yield (British Pounds- £) | Percentage Change from Previous Year |
|---|---|---|
| 2022–2023 | £4.04 billion | 4.94% |
| 2021–2022 | £3.85 billion | -3.99% |
| 2020–2021 | £4.01 billion | 24.16% |
| 2019–2020 | £3.23 billion | 3.92% |
| 2018–2019 | £3.11 billion | 6.10% |
| 2017–2018 | £2.93 billion | 10.09% |
| 2016–2017 | £2.66 billion | 12.57% |
| 2015–2016 | £2.36 billion | – |
Source: Statista
What Is The Revenue Of Gambling In The UK?
In the financial year 2024- 2025, the UK government collected £714 million in gambling duty (GBD).
This was the highest ever GBD recorded over the years. GBD is the money collected from taxes on gambling businesses.
Here is a detailed breakdown of the GBD collected in FY 2024- 2025 by quarter
- In Q1 of FY 2024- 2025, the GBD collected was £177 million, just £0.7 million more than the same period last year, a 4% year-over-year increase.
- In Q2 of FY 2024- 2025, the GBD collected was £183 million, which was a 10% YoY growth, highlighting an increase of £16 million.
- In Q3 of FY 2024- 2025, the GBD collected was £159 million, £2 million more than the same period last year, displaying a YoY growth rate of 1%.
- A big jump of £40 million was recorded in Q4 of FY 2024- 2025 compared to the previous year, highlighting a growth of 26% compared to the same period last year.
Here is a table displaying the Gambling Duty collected in the United Kingdom by year:
| Financial Year | Gambling Duty Collected |
|---|---|
| 2024–2025 (provisional) | £714 million |
| 2023–2024 | £654 million |
| 2022–2023 | £631 million |
| 2021–2022 | £649 million |
Source: GOV.UK
Profit Earned By Gambling Operators In The UK
In the financial year 2022–2023, UK gambling businesses earned £15.12 billion after paying out player winnings.
This marked a 6.79% rise from the previous year’s total of £14.16 billion. Excluding national lotteries, this figure was recorded to be £10.95 billion.
The year before that (2021–2022), the industry saw an even stronger bounce-back, with gross gambling yield growing by 11.78% from £12.67 billion in 2020–2021.
That was a noteworthy turnaround, as it was the first time in three years that the gambling yield had increased, following a stretch of declines since 2018–2019.
Here is a table displaying the Gross Gambling Yield recorded by year:
| Financial Year | Gross Gambling Yield (British Pounds- £) | Percentage Increase from Previous Year |
|---|---|---|
| 2022–2023 | 15.12 billion | 6.79% |
| 2021–2022 | 14.16 billion | 11.78% |
| 2020–2021 | 12.67 billion | -10.71% |
| 2019–2020 | 14.19 billion | -1.25% |
| 2018–2019 | 14.37 billion | -0.28% |
| 2017–2018 | 14.41 billion | 4.57% |
| 2016–2017 | 13.78 billion | 2.38% |
| 2015–2016 | 13.46 billion | 19.02% |
| 2014–2015 | 11.31 billion | 14.61% |
| 2013–2014 | 9.87 billion | 1.75% |
| 2012–2013 | 9.70 billion | 7.42% |
| 2011–2012 | 9.03 billion | 7.00% |
| 2010–2011 | 8.44 billion | — |
Source: Statista, Gambling Commission
Read More:
Conclusion: Total Casinos In The United Kingdom Made £13.29 Million Per Day
In the financial year 2022-2023, casinos earned a total of £4.85 billion, with online casinos contributing 83.3% of this revenue.
The growth of online gambling can be attributed to its enhanced accessibility and convenience, which have made it increasingly popular among players.
However, offline casinos maintained significant popularity, generating over £15,410 in a single day.
