Betting shop numbers have remained stable for the last decade at around 9,000 and make up just 4 per cent of Britain’s entire retail units.
Numbers of betting shops peaked in the 1970s and 80s when there were more than 16,000 and many operators now are being forced to close shops due to increased taxes and lower profitability.
Over the last 18 months alone 400 betting shops have closed.
Bookmakers on the high street
Over recent years many traditional high street retailers have found themselves going into administration, leaving a vastly changed high street, with many shops empty.
Bookmakers have been filling that gap, moving from side streets onto vacant high street premises. However, it is equally as likely that once the economy picks up higher rents may again mean some betting shops move back into the less prime locations off the high street.