Gambling Sector Jobs
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A recent report suggests that the total number of employees in the UK gambling industry has fallen slightly this year, by approximately 1.4% compared to levels at the start of 2018
This correlates with a slight decrease in total gross gambling yield (GGY) across the sector. However, the good news is that the online component of the industry is making great strides, indicative of trends in other sectors and perhaps offering fresh employment opportunities.
The Growth of Online Employment
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Remote gambling, represented primarily by online casino sites, now forms the largest part of the gambling sector’s gross yield. These sites account for 38% of GGY, with the next largest component being the betting industry, which forms 22.1%. What this means to the job market is that there is a clear shift towards online roles, with remote-based opportunities becoming the custom rather than a perk for employees. The remote-working opportunities are more accessible with the growth of iGaming in new markets or regions. For example, the number of markets that can access leovegas mobile is quite good, with the site available in nine different languages. This growth has heightened the need for iGaming companies to employ staff in multiple countries.
New roles are opening up in content management, web design, information technology, community management, technical support and related fields. There is also a shift towards creativity in gambling, with the skills of game designers and developers being required to keep up with the public’s thirst for new and better online games. Traditional roles associated with the gambling industry, such as a legal counsel, marketing and management, will still be in demand, but are shifting in the direction of an online focus.
A Steady Sector
Overall, the gambling industry in Great Britain remains not only steady but profitable despite its slight yield drop. These findings were made public by the UK Gambling Commission which published its bi-annual report in May 2019. This publication is for those who have an involvement or interest in the gambling industry, such as governmental policy makers, the media, licensed operators, trade bodies, financial organisations, gambling enthusiasts, researchers, consumers and employees.
Overall, GGY was £14.5 billion from October 2017 to September 2018, which represents a decrease of 0.4% when held up against the previous official figures. This slight downtick can be attributed in part to the difficulties faced by high streets across the country, as shoppers go online, with the total number of betting premises declining for the fifth consecutive period of reporting.
Results in Detail
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Non-remote gambling, which includes everything from sports betting to slot machines, is still a large sector, representing a yield of £3.2 billion over the reporting period. But it is far surpassed by remote gambling, which claimed a yield of £5.6 billion. Casino games are the largest earners in the sector, generating £3 billion, and the largest sub-sector is slots games, which managed to gain a yield of some £2 billion. Remote betting has also proved to be popular, totalling £2.5 billion. The most popular sports within this sub-sector are horse racing and football.
Gambling Employee Profile
Over the reporting period, there were 106,670 people employed by operators licensed by the Gambling Commission. Almost 50% of these were involved with betting. So, while the outlook for non-remote betting shops looks to be following the rest of the high street, there is still opportunity in an area which requires a large workforce. Jobs in the betting industry include everything the expected roles such as traders, bookmakers and accountants to customer service executives, PR officers and specialised analysts. In such a large industry there is also plenty of room for progression, with many companies having a multinational profile.
Remote betting and bingo employees accounted for 9.6% of the workforce, meaning that there is a shift towards those working in a purely online capacity. With the rise of online gaming there is plenty of room for home workers.
Other members of the UK gambling workforce include non-remote casino employees, at 13.3%, non-remote bingo employees, at 11.6%, and technical gaming machine staff, at 6.4%. This last figure suggests that among the roles to be found in the gambling industry there is also space for those with technical training.
Entering the Industry
As the variety of roles in the gambling industry is so vast, it’s impossible for potential workers to identify just one route to employment. In the non-remote portion of the sector there is scope for apprenticeships, combining practical training with study, allowing those wishing to enter the industry to embark on rewarding careers. On the remote side of the industry there are training options and courses depending on the role a candidate wishes to pursue. As the UK Gambling Commission figures show, this is a large industry with plenty of options for those who wish to take part in it.
Outlook for Recruiters
It’s clear that the UK gambling industry is large enough to require specialist recruiters. But the good news for non-specialists is that because the range of roles is so vast, experience in recruitment of other industries can be useful. The gambling industry has recruitment needs that include flexibility and adaptability as it, and the rest of the world, progresses towards an online model.
There’s no doubt that the iGaming industry represents big business in the modern age, with the total GGY for the remote sector estimated at £5.3 billion in the year ending March 2019.
Sports Betting Industry Jobs
This highlights the incredible level of demand that currently exists for online gambling in the UK, with iGaming market has become increasingly busy and competitive as a result.
You can even identify the most reputable and best online casino sites, according to bestonlinecasino.com making it easier than ever for players to operate safely and secure optimal value for their hard-earned cash.
The growth of the iGaming industry has also created exciting career opportunities for interested parties, although the competitive nature of this space places an emphasis on candidates to stand out from their rivals. But how exactly can you optimise your chances of launching a successful career in the iGaming market?
1. Find Your Precise Niche and Skillset
It’s tempting to think that any skill gaps in the iGaming market would be relatively niche, thanks to the fact that brands operate exclusively online.
However, this market has also diversified as it has continued to grow, creating exciting opportunities in fields such as customer service, marketing and computer programming (in addition to software development and web design).
In more recent times, additional opportunities have also opened up for copywriters and art workers, as brands look to set themselves apart in an increasingly competitive space through creative marketing campaigns and carefully-worded promotional offers.
Similarly, the UK Gambling Commission (UKGC) has clamped down on the terms and conditions used by brands to promote bonus offers, so there’s a pressing need to employ skilled writers and strike the delicate balance between compliance and engagement in their marketing efforts.
Growing UK firms will often need to employ either permanent or freelance legal services too, to ensure that they comply fully with the latest guidelines and avoid the type of hefty financial sanctions that we’ve seen issued over the course of the last two years.
As we can see, there’s now a diverse range of career opportunities available in the iGaming market, while the growth of this space has also increased the number of jobs on offer to candidates.
So, the key is to find your precise skillset and understand the role that this plays in the marketplace, before showcasing this ability and associated accomplishments through your resume and online profiles.
2. Leverage Your Transferable Skills to the Optimal Effect
Gambling Sector Jobs Definition
It’s also fair to note that skills are often transferable between industries, and the bustling iGaming market is no exception to this rule.
Transferable skills are best defined as versatile and generic qualities that can be transferred from one job to another, with prominent examples including problem-solving, critical thinking, communication and leadership.
Make no mistake; these are central to any successful organisation, while they’re also worth their weight in gold in agile and fast-evolving markets such as the iGaming space.
For example, it’s important to note that the growth of the iGaming sector has taken hold across the globe in recent times. This has seen a rising number of brands expand and begin to operate in various international markets, depending on the precise licensing agreements that they hold.
As a result of this, we’ve seen a huge demand for multilingual candidates with excellent communication skills, particularly in fields such as customer service.
This allows firms to grow quickly and across borders without significant investment in recruitment, which remains one of the highest costs for evolving companies.
We’d, therefore, recommend reviewing your resume and career history in great detail before making an application, as this enables you to highlight key transferable skills and where you’ve showcased these in the past.
By bringing these to the fore, you can steal a march on your rivals and extend your appeal beyond basic qualifications and skillsets.
3. Learn About the iGaming Market and Develop Industry Knowledge
As a tech-led and fast-evolving space, the boundaries of the iGaming market continue to shift on a daily basis.
As we’ve already said, the market is also facing significant regulatory and legislative shifts in the current climate, with operators constantly having to adapt and redefine their business models in order to optimise profitability.
As a new candidate entering this space, it’s crucial that you take time to learn about the industry and key challenges facing employers, and demonstrate this knowledge both online and through your application.
You should also monitor real-time trends and the various shifts in the sector as they unfold, particularly as many of the market-leading operators are currently looking to change their brand identities and establish themselves as ambassadors for responsible gambling.
To help display your knowledge, showcase understanding and prove your commitment to the industry, you may want to write and publish content before sharing this through targeted sites such as LinkedIn and Medium.