New report reveals Britain's betting industry worth 6 billion and supports 100,000

BingoT

Nurses love to give shots
Joined
Dec 16, 2004
Location
Hartford,Ct
New report reveals Britain's betting industry worth 6 billion and supports 100,000 jobs

A new report by Deloitte reveals the important economic impact made by the betting industry on the British economy. The study, called The Full Picture was commissioned by Ladbrokes plc and aims to provide a quantitative and qualitative analysis of the economic contribution of betting. The report reveals that:

* The total contribution to the British economy from the British betting industry is 6 billion GVA and 100,000 jobs. This is equivalent to 0.5% of GDP and 0.3% of total employment.*
* The retail betting industry alone generates 700 million in wages paid to staff; 800 million in profits (before interest and tax) and 700 million is generated in taxes.
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cameronlove4

Dormant account
Joined
Nov 5, 2009
Location
Maddison, USA. but now in India on a project
Thanks for the informative post.The total revenue generated as well as the total number of jobs created by this industry is really a good one, especially during these recessionary times.

Btw, I'm interested to know about the total growth picture of the online gambling industry across the world in total.

Thanks,
Cameron

New report reveals Britain's betting industry worth 6 billion and supports 100,000 jobs

A new report by Deloitte reveals the important economic impact made by the betting industry on the British economy. The study, called The Full Picture was commissioned by Ladbrokes plc and aims to provide a quantitative and qualitative analysis of the economic contribution of betting. The report reveals that:

* The total contribution to the British economy from the British betting industry is 6 billion GVA and 100,000 jobs. This is equivalent to 0.5% of GDP and 0.3% of total employment.*
* The retail betting industry alone generates 700 million in wages paid to staff; 800 million in profits (before interest and tax) and 700 million is generated in taxes.
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