Let us put the above figures into perspective. Sports betting dominated the market, with Further insights into the UK online gambling industry can be gleaned by looking at an article published in the Jerusalem Post in According to the report, there are Furthermore, the UK has the largest number of fully licensed online gambling operators on the planet, with more than The article says the UK was one of the first countries on the earth to see the potential scope and yield that online gambling could bring.
And seeing as the UK is a leading player in the online industry, it proves that the strategy paid off. While the impacts on operators in this space have been severe, several major events are already scheduled to return in , while areas such as esports have relied upon digital-only routes. A table of the full breakdown of the UK games industry market valuation can be found below, along with the complete infographic.
If you'd like to talk to the Ukie press team about the valuation, please contact press ukie. This website uses cookies to ensure you get the best possible experience. Find out more. Game Culture Game culture revenues measure the wider impact of games.
Other than mobile gaming, there are several other factors that can be attributed for this massive growth of revenue generated by the UK gaming industry. One of which is eSports.
This competitive gaming, usually done by professional players for prize money, is becoming a big business. We had a lot of work to do and a lot of very talented hard-working passionate people put a lot of effort into helping UK gaming. The popularity of eSports in the UK has generated a lot of revenue for the industry in the last couple of years.
While the UK is some way behind Russia and Japan, it is a clear indication of how the younger generation is shifting away from passive activities like listening to music and watching videos, and more towards playing video games online. Another piece of tech responsible for the rise of gaming revenue in the UK is the development of virtual reality VR. Since then, many other notable titles like Doom and Skyrim VR have jumped on the bandwagon, and in the process generated more money for the industry.
This is a good example of how the gaming industry is continuing to move forward and evolve. Only time will tell whether the gaming sector can sustain its growth or not. Yet, with 5G on the horizon and video games becoming more advanced, it is likely that the gap between video games and music and video will widen in the near future. All rights reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Our Culture Mag.
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