Gambling operators are likely to be happy with the new Prime Minister position filled by Conservative leader Rishi Sunak, as it’s an indicator that the review of the Gambling Act white paper is likely to get back on track.
Last week the former Prime Minister Liz Truss resigned from her position, once again putting many parliamentary acts and procedures into question, including the Gambling Act review as outlined in its white paper. However, her chosen Culture Secretary overseeing the review, Michelle Donelan, has been reappointed by Sunak.
Chief executive of the Betting and Gaming Council, Michael Dugher, like most of the country, is calling for some stability but stresses the need to get the Gambling Act review underway as soon as possible.
“The BGC warmly welcomes the appointment of Rishi Sunak,” Dugher said. “As the Catterick MP, Rishi has always shown himself to be a very strong supporter of British horse racing, and he knows only too well the symbiotic relationship between the regulated betting industry and racing.”
“BGC members contribute £7.7bn to the UK economy, including £4.5bn in tax, as well as sustaining nearly 120,000 jobs – something our new PM and his team fully understand from their time running the Treasury.”
“As well as racing, we also provide vital support to many other sports like lower league football, rugby league, snooker, and darts. We stand by ready to help our new Prime Minister rebuild and grow our economy in every part of the UK.”