Industry Analysis & Industry Trends
The Gambling and Betting Activities industry has performed well over the past five years despite weak disposable income growth and increases in taxes and regulations. There have been high levels of merger activity over the period and there has been large-scale uptake of retail-based gaming machines and remote gambling. Despite overall growth, industry operators that have been slow in transitioning to a more digital model of business have fallen behind. IBISWorld expects industry revenue to increase at a compound annual rate of 8% over the five years through 2016-17 to reach £10.3 billion.
Industry players operate betting shops, casinos, bingo halls, lotteries and remote gambling services... purchase to read more
Industry Report - Industry Investment Chapter
The Gambling and Betting Activities industry has a medium level of capital intensity. The industry is expected to have a capital-to-labour ratio of 1:3.79 in 2016-17. This indicates that for every pound spent on capital, industry operators spend £3.79 on wages. However, the capital intensity of the industry has been inflated by the large number of mergers and acquisitions in the industry recently, which increased capital costs.
The industry operates a huge number of high-street branches and other locations, and an average enterprise operates nearly 10 establishments. These enterprises each require a reasonable amount of servicing labour. A typical betting shop, for instance, tends to have anywhere between two and five employees. Cap.. purchase to read more