The UK Gambling commission’s latest data reveals that annually about 250-650 people commit suicide due to gambling-related issues. The Gambling Commission also found that the British gamblers spend about £14.5bn on various gambling products each year.
According to the figures released by UKGC, gamblers in the UK spent about $18 billion gambling in the past 12 months between October 2017and September 2018.
Online gambling is fast becoming popular amongst UK gambling enthusiasts. Moreover, online gambling accounts for the majority of the money spent on gambling, followed by sports betting and the National Lottery.
The gambling participation rate among adults has also been on the rise. Moreover, gambling addiction amongst children in the UK is at an all-time high.
According to a recent UKGC report, the number of children facing compulsive gambling issues hace increased by four times in the past two years.
Recently, to limit children’s access to gambling products and gambling adverts, the Uk Gambling commission warned gambling operators urging them to make sure that their affiliate partners are not allowing users to get access to ‘free-to-play’ games without having age verifications.
The UKGC reminded the operators that if a gambling operator is getting customers via an affiliate which is offering free to play games without having due age verification would amount to the violation of the code of conduct as per the license agreement.