A recent survey commissioned by the Betting and Gaming Council reveals that £2.7 billion is wagered each year among unlicensed online betting sites in the UK, which constitutes about 2.1% of the total £128 billion bet via regulated operators. This black market highlights significant concerns for the industry and consumers alike. The BGC Chief Executive portrayed the findings as alarming, advising that current regulatory and enforcement measures may be insufficient and require a more strategic approach to tackle illegal gambling effectively.
An estimated £2.7 billion is wagered annually with unlicensed online betting sites in the UK, according to a survey commissioned by the Betting and Gaming Council (BGC).
The survey was designed to better understand how UK punters are accessing and interacting with the illegal gambling market. It marks the first major analysis of its kind since the publication of the government's white paper in May 2023.
BGC Chief Executive Grainne Hurst described the results as "shocking" and emphasised the "unnerving true scale" of the growing black market.
Among individuals who engage with both licensed and unlicensed platforms, the report found that approximately 12% of their total gambling expenditure is directed toward black market sites.
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