The Betting and Gaming Council (BGC) accepted Kwasi Kwarteng’s appointment as the new Business Secretary by the government.
Kwanterg will replace Alok Sharma, who has been elected president of the ‘UN COP26 Climate Conference’the United Nations Headline Climate Emergency Conference, which will take place later this year in Glasgow.
The current Business Secretary, regarded as a close ally of Boris Johnson, previously served as the Minister of State for Business, Energy and Clean Growth between 2019 and 2021.
To lead the Department for Business, Energy and Industrial Strategy (BEIS).
During a crucial period for all UK business sectors as the country begins to manage the post-Brexit and post-COVID-19 environments, Kwarteng will lead the Department for Business, Energy and Industrial Strategy (BEIS).
Welcoming the appointment of Kwarteng, BGC CEO Michael Dugher stated: “I would like to congratulate Kwasi on this richly-deserved promotion, and I look forward to working with him in his new role.
“The betting and gaming industry contributes £8.7 billion to the economy, pays around £3 billion a year in tax and employs 100,000 people, and we stand ready to help with the UK’s economic recovery once we are through the pandemic.”
COP26 UN leader
Dugher also paid tribute to Sharma’s work, wishing him luck on his appointment as the COP26 UN leader.
“Alok was very supportive when betting shops were reopened safely along with the rest of the non-essential retail in June, and his help was greatly appreciated by the industry,” said Dugher. “I wish him the very best of luck as president of COP26.”