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Spending by UK consumers on online gambling is expected to reach £ 1.6bn in 2010

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According to a new report from Research and Markets, UK consumer spending on online gambling will increase from £ 660m in 2005 to £ 1.6bn in 2010. At the same time the number of active UK clients will grow from 1.1m in 2005 to 2.1m in 2010.

Strong growth in UK consumer spending on online gambling from 2000 was initially generated by predominantly \’hard core\’ gamblers. However future growth will be driven by more leisure oriented consumers from 2006 as demonstrated by the emergence and growth of simpler gambling formats targeting the mass market, in particular gaming and lotto. For the first time gambling products are competing with other forms of mass entertainment for consumer attention and spending.