iGB-Market-Monitor_FEB_GP_final | Page 18

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Market Monitor The UK
Horseracing
A similar but more exaggerated pattern is evident in horseracing betting . In the 12 months to March 2020 , GGY rose by more than 28 % to £ 652.9m ( see Chart 9 ), while turnover fell 5.4 % ( Chart 10 ). Again this reversed the pattern from the previous year , where GGY fell nearly 17 % to £ 509.2m but turnover rose 7 %.
QUARTERLY NUMBERS
The yearly figures for the 12 months to March 2020 are largely – but importantly not completely – free of the impact of the pandemic . We can make some guesses as to what impact there was on the yearly figures from the quarterly numbers , which have been published by the Commission for the first time .
In normal times this would give us a good picture of the seasonal nature of the calendar for betting in particular but also for gaming . As can be seen from the figures for the year to March 2020 in Chart 11 , the summer quarter ( July to September ) saw a dip in activity across both verticals .
The most pronounced seasonal effect came unsurprisingly with betting during the summer , when there is largely no football played . iGB Market Monitor