£ m
£ m £ m
1000
Chart 200 15 : Retail 14.8 betting 14.6 horse 14.4 racing GYY
900 100
14.2
2009-20 844 14.8 14.6
14.4
(£ m )
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Chart 800 15 : Retail betting horse racing GYY 2009-20 (£ m )
0
768 14.8 14.6 14.4 Year to 14.2 March 14.0 1000 700 2009 2010 2011 705 2012 2013 697 2014
675 680
2015 2016 2017 2018 2019 2020 350 14.0
14.6 14.4 14.2 13.8
Year to March 641
900 600 600 583
Source : Gambling 14.4 Commission 14.2 14.0 13.8 13.6
551 300 304
844
800 500
514 508 280
Source 14.2 : Gambling Commission
768 14.0 13.8 13.6 13.4
261
700 400
250 705
697 243 13.8 13.675
13.4 680 13.2 237
14.0 235
641 221
Chart 16 600 300
: Retail horse 600 209 13.2
208 583
Chart 1613.6 : Retail
13.4 13.0
200 13.8 horse racing betting 551
500 200 514 508
174 13.6 13.4 13.2
13.0 12.8 161 margins margins (%)
400 100 2009-20 (%)
150 145
13.4 13.2 13.0
12.8 12.6
300 0 14.8
14.8 13.0 12.8
12.6 12.4 100
13.2 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
14.6 200 14.6
Year 12.4 13.0 12.8 12.6 to March 12.2
50 14.4 100
12.2
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
14.4 12.8 12.6 12.4 14.2
Source 0 : Gambling Commission 2009 2010 2011 2012 2013 2014 2015 Year to 2016 March 2017 2018 2019 2020
14.2 14.0
12.2 0
12.6 12.4 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Year to March 14.0
13.8 12.2
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 12.4
Year to March
Year to March
13.8 Chart 13.6 16 : Retail 2009 2010 horse 2011racing 2012 Source : 2013 Gambling betting 2014 Commission 2015 Year to March 2016 2017 2018 2019 2020 12.2 13.4
13.6 Source : Gambling Commission
Source : Gambling Commission 2009 2010 2011 2012 2013 2014 2015
Year to 2016
March 2017 2018 Source : Gambling 2019 Commission 2020
Margin (%)
13.4 13.2 13.0
£ m Margin (%) £ m margins 2009-20 (%)
Chart 13.2 16 : Retail horse racing betting margins 2009-20 (%)
13.0 14.8 12.8
Chart Source 16 : : Retail Gambling Commission horse racing betting
14.6 12.6 margins
14.4
12.4 2009-20 (%)
|
12.8
12.6
12.4
|
14.2
12.2
14.8
14.0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
14.6
13.8
Chart 17 : Retail betting
Year to March
GGY %
|
2020
7.00 %
|
7.00 %
240
220
|
12.2 |
14.4
13.6
Source
14.2
13.4 : Gambling Commission
2009
2010
2011
2012
14.0
13.2
|
2013 |
2014 |
2015 |
7.00 %
7.00 %
2016
2017
14.002018 %
|
14.00 %
2019
|
200
180
2020
160
|
199.8 |
|
13.8
13.0
Year to March
7.00 %
14.00 %
Chart
13.6
12.8 17 : Retail betting 14.00 % GGY
|
140
27.00 %
120
|
27.00 % |
|
13.4
12.6
Source : Gambling Commission
13.2
12.4
|
14.00 % |
27.00 % |
100
80
|
|
13.0
12.2
7.00 %
12.8
2009
2010
2011
2012
2013
2014
2015
2016
2017
12.00 %
2018
Chart 17
Year to March
12.6 : Retail
14.00 betting % GGY %
27.00 %
12.00 %
|
12.00 %
2019
2020
|
60
40
20
|
|
12.4
Source
Chart : Gambling
12.2 17 : Commission Retail betting GYY
12.00 %
|
|
0
-20
|
Margin (%) Margin (%)
2009 2010 2011 12.00 % 2012 2013 2014 2015 2016 2017 2018 2019 2020 7.00 %
Year to March
Chart 17 : Retail betting GGY %
12.00 %
Source : Gambling Commission 14.00 %
27.00 %
Chart 17 : Retail betting GGY %
14.00 %
7.00 % racing to the retail betting mix has long been the subject of debate within both
of expanding betting shop numbers , at best racing managed only a stabilisation in terms of GGY in the middle of the last decade , before once again sliding down to the mid- £ 500m mark . Partly , this is down to skinnier margins and the best-odds guaranteed effect .
Despite the declines over recent
-10.2 years , horse racing remains a staple of OTC betting , with 40 % of total GGY . Behind that comes football with 27 %, then numbers at 14 %, dogs at 12 % and
Of the remaining sports , it is dogs that has followed the same path as horse racing in the past 12 years , only diverging from this in 2020 , where
80 83.2
12.00 % we can see that in both turnover and
40.00 1800 % 60
Chart (£ m )
40.00 %
(£ 18 m :)
Retail dogs turnover 2009-20
1800 40 revenue terms it saw improvements .
1600 1581
Chart 18 : Retail dogs turnover 2009-20 (£ m )
1800
1800 20
(£ m )
1600 1581
Again , the noise at the end of last
Football Football Horseracing Horseracing Dogs Dogs Numbers Other Other 1800
1400 1405
0
1364 1600 1581 1600
1345 1581
1324 1400 40.00 % 1405
-20 1273 March complicates the picture . Dog
1800 Source 1400 : Gambling Commission 1405
1200 1364 1345 1224 1221
Source : Gambling Commission 1600 1364 1581
1324
1400 1345 1324 1405
1273 -40 1152
1200 1273 1364 1200
1224 12211345 1224 1221 1600
1324 1044
1581 1000
-60 1152
1400 Football 1405
1152 1273 988
Horseracing Dogs Numbers Other 1200
1364 1345 1224 1221 942
1044
Chart 1000 18 : Retail dogs 1000 turnover 1324
2016 2017 2018 2019 2020
2009-20 988 1152
942
988 1400
1405 1273
800
942
Chart Source : Gambling Commission
(£
18 m ): Retail 1200 dogs 1364 1224
1345turnover 2009-20
1221
800 1000
1324 1044
800 1273
Source
1152 : company reports was announced
988 942 at the end of March .
1200 1224
600 1221
1044
(£ m ) 600 1000
1152 988
800 1800
942
600
Chart 18 : Retail dogs turnover 2009-20
1044
400 1000 800
400
Chart
1600
942 22988 : Falling retail net revenue at
1581 600
1800
(£ 200 m )
400
800 1400
1405 600 200
William Hill 2016-20 (£ m )
1364 1345 1324 1600
400
1581 0 1273 from some substitution from horse
1800
200
1200 600
1224 1221 2009 2010 400 2011 2012 2013 2014 2015 0 2016 1152 2017 2018 2019 2020 1000
1400 16001405
200 1581
1044 racing and football .
1000 1364 Year to March
2009 2010 2011
1345 0
988 2012 2013 2014 2015 2016 2017 2018 2019 2020 400
1324 942
900 913.1
893.9 895.2
200
1273 1400 800
1405 1200
1364 0 1224 2009 1221 2010 2011 2012 2013 2014 2015 Year to 2016 March 2017 2018 2019 2020
1345 Source : Gambling Commission
1324 800
1273
1152
200 1200
2009 2010 1224 2011 12212012 2013 2014 2015 Year 2016 to March2017 2018 2019 2020 600
0
1152 1044 1000
700 717
Source : Gambling Commission
988
2009 2010 2011 2012 2013 2014 1044 Year 2015to March 942016 2017 2018 2019 2020 1000
400 0 988
942 600
800
Chart 19 : Retail dogs Source GGY : Gambling 2009-20 Commission Year to March (£ m )
800 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 200
500
Source : Gambling Commission 600
350
Year to March
600 0
Source : Gambling Commission
Chart 19 : Retail dogs 400 GGY 2009-20 (£ m )
354.2
£ m
|
1000
900
800
|
5301
100
Source
400 : Gambling Commission
5000
3000
300
5154
5084
1600
1581
200
4894
100
4804
4805
0
4538
300
4392
1400
1405
200
4187
1364
1345
4000
2000
100
2009
2010
2011
3953
2012
2013
2014
2015
20161324
0
2017
1273
2018
2019
2020
Chart 15 : Retail betting horse racing GYY
1200
1224
1221
200
844
100
Year to March
1152
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
3000
1000
1044
2009-20 (£ m )
1000
100
768
Year to March
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
|
942 |
988 |
|
700
600
500
400
300
200
100
|
2000
705
800
697
1000
675
680
Source : Gambling Commission
Year to March
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2009
2010
2011
2012
2013
2014
641
2015
2016
2017
2018
2019
2020
Source : Gambling Commission
900
600
Year to March
600
2009
2010
2011
2012
2013
2014
2015
Year to March
583
2016
2017
2018
2019
2020
1000
844
551
800
Source : Gambling
CommissionYear to March
400
514
508
768
Source
0 : Gambling Commission
Chart 16 : Retail horse racing betting
700
Source : Gambling
705 Commission
697
200
675
680
2009
2010
2011
2012
2013
Chart
2014
2015
641
2016
2017
2018
2019
2020
600
600
583
Year to
Marchmargins
: Retail 2009-20 horse racing (%) betting
Source : Gambling Commission
0
551
Chart
500 15 : Retail
Chart betting 16 horse racing GYY
514
508
: Retail 2009-20 horse racing (%) betting
2009
2010
2011
2012
2013
2014
2015
2016
Year to March
Chart
Source 400: Gambling Commission
2009-20 (£ margins 16 : Retail m ) 2009-20 horse
14.8 (%) racing betting
Chart
300 margins 16 : Retail 2009-20 horse racing
14.8 14.6(%) betting
Source : Gambling Commission
|
2017 |
2018 |
2019 |
2020 |
0 |
|
|
|
|
|
Sources : Gambling Commission
£ m margins 2009-20 (%)
Margin (%) £ m £ m
12.00 %
7.00 %
|
Source
Football 14.00 %:
Horseracing
Dogs
Football Gambling Commission
Horseracing
|
Numbers27.00 %
Other
Dogs
Numbers
|
Other |
|
12.00 %
Source : Gambling Commission
|
|
|
Source : Gambling Commission |
|
|
Source : Gambling Commission |
|
|
Chart 18 : Retail dogs turnover 2009-20
£ m
Margin (%)
Margin (%)
Margin (%)
Margin (%)
Source : Gambling CommissionYear to March
Chart 17 : Retail betting GGY % Chart 17 : Retail betting GGY %
Chart 17 : Retail betting GGY % Chart 17 : Retail betting GGY %
Source : Gambling Commission
£ m
211.2 27.00 %
|
40.00 % |
|
|
|
|
Football
40.00 %
|
Horseracing |
Dogs |
Numbers |
Other |
27.00 % |
Football |
Horseracing |
Dogs |
Numbers |
Other |
|
40.00 % |
|
|
|
|
|
Source
40.00 :%
Football Gambling
Horseracing Commission
Dogs
|
Numbers |
Other |
Source Football : Gambling Horseracing Commission Dogs Numbers 180 Other
2017 2018 2019 2020 40.00 %
160 162 160.9 150.3
Chart 18 : Retail dogs 140 turnover 2009-20
Chart (£ 18 m : ) Retail dogs turnover 120 2009-20
Chart 18 (£ m : Retail ) dogs turnover 100 2009-20 Chart (£ m 18 ): Retail dogs turnover 2009-20
£ m
£ m
£ m
£ m
£ m
Chart 19 : Retail dogs GGY 2009-20 (£ m )
£ m
Chart 19 : Retail dogs GGY 2009-20 (£ m )
Chart 20 : Plunging retail operating pro�t at Entain 2017-20 sectors
(£ m ). As can be seen , even in an era
£ m
-40
Source : company reports 40.00 %
27.00 %
Chart 21 : Plunging retail operating pro�t at others at 7 %.
William Hill 2016-20 (£ m )
£ m £ m
134.2
-29.5 racing was suspended later than horse
1044 racing when the first national lockdown
Therefore , it is possible that it benefited right at the end of the reporting period
April 2021
11