Compliance Updates
UKGC: Market Impact Data on Gambling Behaviour – Operator Data to June 2024
The UK Gambling Commission has published further data on the gambling industry in Great Britain.
The data, sourced from operators, reflects the period between March 2020 and June 2024, inclusive, and covers online and in-person gambling covering Licensed Betting Operators (LBOs) found on Britain’s high streets.
The release compares Quarter 1 (Q1) of the financial year 2024 to 2025, with Q1 of 2023 to 2024, looking at how the market has changed in comparative periods over a year.
The latest operator data shows:
- online total Gross Gambling Yield (GGY) in Q1 (April to June) was £1.46 billion, an increase of 12% from Q1 the previous year. The overall number of total bets and/or spins increased 11% Year-on-Year (YoY), reaching a new peak for the second consecutive quarter of 24.5 billion, whilst the average monthly active accounts in the quarter increased 9%
- real event betting GGY increased by 16% YoY to £625 million. The number of bets decreased 7%, while the average monthly active accounts in Q1 increased 11%. Major sporting events such as UEFA Euro 2024 taking place this quarter would be a contributing factor to this increase
- slots GGY increased 10% to £642 million YoY. The number of spins increased 12% to 22.4 billion while the average monthly active accounts in Q1 increased 11% to 4.4 million per month. This is a peak for GGY, spins and average monthly active accounts in the dataset for the slots vertical
- the number of online slots sessions lasting longer than an hour increased by 8% YoY to 9.6 million. The average session length remained consistent at 17 minutes. Approximately 6% of all sessions lasted more than one hour, the lowest percentage recorded in the dataset
- LBO GGY decreased by 1% to £582 million in Q1 2024 to 2025, compared to the same quarter last year, while the number of total bets and spins decreased 1% to 3.2 billion.
The post UKGC: Market Impact Data on Gambling Behaviour – Operator Data to June 2024 appeared first on European Gaming Industry News.
Compliance Updates
Stakelogic Secures License to the newly regulated Danish market
Industry-leading provider secures license to provide slots and live content in Denmark
Award-winning casino content provider Stakelogic has obtained a license from the Danish Gambling Authority, Spillemyndigheden, to provide its gaming content in Denmark.
The license will allow Stakelogic to bring its premium portfolio of online casino slots and live dealer content to the Danish market, including recent releases like Fire and Gold Cluster Breaker, Super Wheel Game Show, Trident of Legends, and The Watcher.
Stakelogic is able to partner up with leading Danish operators, establishing itself as a must-have provider in the country. The move further highlights Stakelogic’s commitment to strengthening its position in the European market and exploring new and exciting regulated markets.
The license also further cements the company’s presence in the Scandinavian markets, having secured a license from the Swedish authority, Spelinspektionen, in 2023 and establishing itself as a popular provider among Swedish players.
Denmark is one of Europe’s fastest-growing markets, with a strong focus on customer care and responsible gambling. Stakelogic is proud to have met all the requirements needed to obtain the license, highlighting its commitment to providing players with the best and safest gaming experiences.
Stephan van den Oetelaar, CEO at Stakelogic, said: “Denmark is one of the fastest growing markets in Europe, and we are proud to have achieved a license to the newly regulated market.
We are grateful to Spillemyndigheden for their support in us and we are excited to take our next steps into the market.”
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Compliance Updates
UKGC Appoints Charles Counsell OBE as Interim Chair
Charles Counsell OBE has been appointed as Interim Chair of the UK Gambling Commission (UKGC) for a nine month term which will commence on 1 February 2025.
Charles was Chief Executive Officer of The Pensions Regulator from April 2019 to March 2023. Prior to this he was CEO of the Money Advice Service, and Executive Director of Automatic Enrolment at The Pensions Regulator.
As CEO of The Pensions Regulator, Charles developed the new corporate strategy to put the pension saver at the heart of the Regulator. He delivered their first Equality, Diversity and Inclusion Strategy and Climate Change strategies – both focused on driving change in the regulator and across the Pensions Sector.
Throughout his career, his roles have focused on setting up and delivering large change programmes requiring significant stakeholder relationship engagement: initially in the private sector and latterly in senior public sector appointments.
The post UKGC Appoints Charles Counsell OBE as Interim Chair appeared first on European Gaming Industry News.
Compliance Updates
SYNOT Games Secures Danish License
SYNOT Games has obtained a B2B online slot games supplier license in Denmark, authorising the company to supply its gaming content within Denmark’s regulated market. This B2B license, issued by the Danish Gambling Authority (Spillemyndigheden), becomes effective on January 1, 2025, aligning with new regulatory requirements mandating that all game suppliers hold such a license from that date forward.
This development enables SYNOT Games to offer its portfolio of slot games to Danish operators, reinforcing its commitment to compliance and responsible gaming practices.
“Obtaining the B2B license from the Danish Gambling Authority marks a significant milestone for us in the Danish market. This license not only aligns with new regulatory requirements but also reinforces our commitment to adhering to the highest industry standards. We are thrilled to continue offering Danish players the immersive gaming experience our portfolio provides,” said Martina Krajčí, CCO of SYNOT Games.
The post SYNOT Games Secures Danish License appeared first on European Gaming Industry News.
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