Gambling offers a wide range of job opportunities. Some people work in betting shops or other direct jobs, while others are involved in the industry indirectly. Many people are unaware of the nature of affiliate marketing. The same goes for those who create content for these platforms. Marketing executives working for gambling companies earn more money and have more interesting careers.
It is difficult to verify that the figure of 100,000 people employed in the gambling industry, which is widely quoted, is accurate. It is difficult to determine the exact sector where people are employed, especially when there is an overlap between online and offline businesses.
Employment in the gambling industry – March 2019
It is difficult to get precise employment numbers for the gambling sector, due to the constant changes in the sector, with new shops opening and old ones closing. However, we can use the statistics from the end of March 2019 to understand the state of the industry before major events.
Below is a table that shows the different sectors of the gambling industry and how many people were employed at each time. According to the data, the betting sector was the largest, with almost half of the 102.632 people employed in the gambling industry in 2019.
Only 95 companies have more than 50 employees. On the other hand, 35 companies employ over 250 individuals. Data on VAT and PAYE for 2021 shows that only 95 companies employ more than 50 people, while 35 have over 250 employees.
Numbers of Employment
Gambling is a huge and diverse industry that encompasses a wide range of occupations. Some jobs in the gaming and betting industry are instantly recognizable, like those of a casino croupier or betting shop employee. Other positions, like an accountant who works for a gambling advertising company, may not be as obvious, but they still contribute to the success of the industry and earn their wage.
It is helpful to examine some of the roles that are associated with betting in order to gain a deeper understanding of the industry. This list is not exhaustive and was created to give an overview of some roles that are important in the gambling industry but that may have never been considered before.
Risk Management
Examining the role of the gambling industry’s risk management is a great place to start when exploring career options in the industry. Someone is always needed to assess the risks a company faces, whether it’s in betting shops or sportsbook websites. Risk managers earn, on average, PS60,000 a year. Chief risk managers make more than twice that amount at around PS150,000 a year. Risk management is not only based on data but also requires a level of artistic ability.
Data Scientists
Data scientists work closely with risk managers in order to collect information about customer betting habits and other gambling companies. This role is highly sought after because the amount of data that needs to be collected and analyzed increases as a company’s customers increase. The salary for this role ranges between PS45,000 and PS160,000 annually. This position is vital to the gambling industry despite it being relatively unknown.
Software Engineering
Computer science graduates may not know what they want to do in the future, but they might end up working for a gambling firm. Software engineers develop betting applications, create new software for gambling products and integrate third-party systems on a website. Junior software engineers earn about PS45,000 a year. Senior engineers earn up to PS250,000 a year. It is important to consider this for those who are interested in a career in computer science.
Content Creators
Content of high quality is an effective way to attract visitors to your website. Content comes in many forms, such as audio, video, YouTube, blogs, and reviews. Depending on their employer, content creators may earn as much as PS55,000 annually. However, they are often paid a pittance. As a result, content creators’ work often goes unnoticed, and people don’t realize that it can be a lucrative career.
Marketers
Marketing departments are usually the ones who use content creators’ works. These departments are crucial in creating a betting website’s brand and appearance, as well as developing marketing campaigns that attract customers. Marketing professionals earn an average of PS40,000 per year. However, this can be doubled for those who rise to the position of a marketing manager.
Employees of the Gambling Commission
It may be obvious that the United Kingdom Gambling Commission is an important part of the betting sector. The UKGC offers a stable career despite facing constant challenges. Employees of the governing body receive a number of benefits, including valuable experience for their future careers. Junior staff can expect to earn anywhere between PS30,000-PS40,000 per year.
More sources:
- REPORT REVEALS HUGE JOBS AND TAX CONTRIBUTION MADE BY BETTING SHOPS, CASINOS AND ONLINE GAMING
- Gaming Industry to Deliver 15k New Jobs to the UK in the Next Five Years
- UK gambling industry now takes £14bn a year from punters – report
- UK Gambling Industry Statistics: Learn How British Residents Gamble
