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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.
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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