Michael Dugher, chief govt of the Betting and Gaming Council, has congratulated Kwasi Kwarteng on his appointment as the brand new Enterprise Secretary.
The Conservative MP is changing Alok Sharma, who has been named president of the UN COP26 local weather convention, which is going down in Glasgow in November.
Mr Kwarteng, the MP for Spelthorne, has been on the Authorities frontbench since 2018, however it will likely be his first Cupboard position.
Mr Dugher stated: “I wish to congratulate Kwasi on this richly-deserved promotion, and I stay up for working with him in his new position.
“The betting and gaming trade contributes £8.7bn to the financial system, pays round £3bn a 12 months in tax and employs 100,000 individuals, and we stand prepared to assist with the UK’s financial restoration as soon as we’re by means of the pandemic.”
The BGC boss additionally paid tribute to the work finished by Mr Sharma, saying: “Alok was very supportive when betting outlets had been re-opened safely together with the remainder of the non-essential retail in June, and his assist was tremendously appreciated by the trade.
“I want him the perfect of luck as president of COP26.”