UK gaming industry to be worth £10bn by 2023 Britain's gaming sector is set to surge following the launch of consoles like the PlayStation 5 and the Xbox One X By Michael Cogley, Technology... T he UK gaming industry is growing exponentially. Last year was a record year for both the monetary value of the UK gaming market (£4.33bn) and its impact on other sectors, such as films and Latest Market intelligence report released by HTF MI with title "Global MMORPG Gaming Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on Gambling industry in the United Kingdom (UK) - Statistics & Facts Published by S. Lock, Nov 17, 2020 The gambling industry is growing in the United Kingdom (UK). The goss gambling yield (GGY) in... Gaming industry stats show that the industry is forecast to grow at a rate of 9.17% from 2020 to 2025. 2. The video games market could be worth over $90 billion by the end of 2020. (Source: We PC) Reports show that the video game industry revenue was $78.61 billion in 2017. Video game retail sales revenue in the United Kingdom (UK) 2011-2020. Video game retail sales revenue in the UK 2012-2019, by sales channel . Video game retail: access and ownership revenues in The UK gaming market is now worth a record £5.7bn - in part thanks to titles like PlayerUnknown's Battlegrounds and Fortnite. The two online-only games, released in 2018, helped push revenues for... 5/27/2020 Industry GGY 3 1/ 1 Gambling Industr y Over view (continued) Key Points: Between October 2018 and September 2019, gambling industr y GGY comprised of £5,509.2m (38.6%) remote gambling, £4,995.1m (35.0%) land based gambling, £3,184.6m (22.3%) National Lotter y and £572.5m (4.0%) lotteries. Remote gambling increased by £3,270.2m (146.1%) from £2239.0m to £5509.2m between periods The gambling industry was worth £14.3 billion in Great Britain in 2019, down from £14.5 billion 6 months before. The industry collectively had 98,174 employees in 2019, down from 106,000 6 months before. Gambling addiction is estimated to cost the UK up to £1.2 billion per year. As one of the wealthiest gaming companies in the world, it boasts of total assets worth $2.875 billion as of 2020. A majority of the richest gaming companies are multinational corporations that have developed and published record-breaking video games. Others have also made a lot of money from selling gaming hardware and utilising the games as a
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