Department for Culture, Media and Sport written question – answered at on 7 November 2024.
Stuart Andrew
Assistant Whip, Shadow Secretary of State for Culture, Media and Sport
To ask the Secretary of State for Culture, Media and Sport, what estimate she has made of the contribution of the betting and gaming industry to the UK economy.
Stephanie Peacock
Parliamentary Under Secretary of State (Department for Culture, Media and Sport)
Official statistics from a range of sources provide the Government with insights into the economic contribution of the betting and gaming industry, including estimates for gross value added (GVA), employment generated and tax revenue raised.
The latest headline statistics show that the gambling sector contributed £4.9bn to GVA in 2022, accounting for 0.2% of UK GVA. In the financial year 2023/24, the gambling sector employed around 94,000 people in Britain (provisional), accounting for 0.2% of UK jobs and paid approximately £3.4bn in betting and gaming duty.
Yes4 people think so
No5 people think not
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Secretary of State was originally the title given to the two officials who conducted the Royal Correspondence under Elizabeth I. Now it is the title held by some of the more important Government Ministers, for example the Secretary of State for Foreign Affairs.
