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An economic impact of the British Betting Industry

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An economic impact of the British Betting Industry
  • An economic impact of the British Betting Industry
  • Betting & Gaming
  • January 2010

 

Conducted by Deloitte and commissioned by Ladbrokes plc, this report demonstrates the value of the Betting Industry to the British economy. In both output and employment terms the industry contributes significantly – in 2008 betting was responsible for £3 billion in Gross Value Added terms and 40,700 full-time equivalent jobs. Through the industry’s links with other sectors in the supply chain the total contribution is £6 billion and c.100,000 respectively. In addition, while the industry contributes to social costs through problem gambling, it also contributes more widely in terms of non-quantifiable benefits.

This report quantifies the economic contribution of the Betting Industry in terms of both direct impacts (activities directly related to betting) and indirect impacts (from other sectors that support the industry through the supply chain, for instance). It also highlights the wider impact of the industry in delivering other socio-economic policy objectives such as regeneration, social and economic inclusion, as well as skills and employment. 

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