Entain Plc Chief Executive Officer Jette Nygaard-Andersen is preparing the gambling group for long-delayed stricter rules under Britain’s new Prime Minister Liz Truss.
Nygaard-Andersen said Entain, which owns the Ladbrokes chain of betting shops as well as online betting businesses, is steeling itself for restrictions which could include limits on bets and sports-betting sponsorships.
“I do think there will be something around sponsorships,” she said in an interview with Bloomberg News, adding “clubs and football leagues would like to avoid” advertising restrictions. Entain sponsors a range of sports.
A long-expected review of Britain’s gambling laws was delayed by the July resignation of then Prime Minister Boris Johnson.