The scale of illegal gambling in the UK has reached a new high. According to new research carried out by H2 Gambling Capital and shared by the Betting and Gaming Council (BGC), offshore betting has grown from around GBP 5 billion ($6.79 billion) in 2019 to GBP 16.6 billion ($22.5 billion).
Illegal gambling in the UK has seen a significant increase, with offshore betting soaring to GBP 16.6 billion, a substantial rise from GBP 5 billion in 2019. This data was revealed by research conducted by H2 Gambling Capital and highlighted by the Betting and Gaming Council (BGC).
The surge in illegal gambling activity underscores the challenges faced by regulators in curbing illicit betting practices within the UK market. The substantial growth from GBP 5 billion to GBP 16.6 billion in offshore betting signals a concerning trend that demands attention from authorities and industry stakeholders alike.