Gambling

(asked on 4th February 2021) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, what recent estimate he has made of the financial contribution of the gambling industry to (a) the economy and (b) sport in the UK.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
This question was answered on 9th February 2021

The gross gambling yield (GGY) of the gambling industry in Great Britain between April 2019 and March 2020 was £14.2bn (including the National Lottery). The industry contributed £8.3bn to the UK economy in 2019 (including lotteries), accounting for 0.4% of Gross Value Added (GVA), and paid £3bn in duties in 2019/20. It provides funding to sport in the UK via sponsorship, media rights and the horseracing betting levy.

The government launched the Review of the Gambling Act 2005 in December with a Call for Evidence, which runs until 31 March. The Review aims to make sure that the Act is fit for the digital age and that the balance is right between respecting the freedom of adults to choose how they spend their money and leisure time and protecting vulnerable people and communities from harm. More information about the Call for Evidence and how to make a submission is available here: https://www.gov.uk/government/publications/review-of-the-gambling-act-2005-terms-of-reference-and-call-for-evidence/review-of-the-gambling-act-2005-terms-of-reference-and-call-for-evidence

Reticulating Splines