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Lottery
November 23, 2022
UK National Lottery Posts Record H1 Contributions, Revenue
The UK National Lottery has reported that its sales have reached an all-time high of £4.06 billion or roughly $4.85 billion at the time of writing. The sales were reported during the first six months of the 2022-2023 financial year and they are largely boosted by the operator leaning in heavily on digital sales. Camelot’s […]
Lottery
November 21, 2022
Allwyn to Acquire Camelot UK
Allwyn has proceeded with its plans to acquire Camelot UK Lotteries and expand its presence in Britain ahead of becoming the National Lottery operator. Acquiring Camelot, which is the incumbent operator, will allow the Czech company to immediately take the reins. The deal was announced by Allwyn and Ontario Teachers’ Pension Plan Board. Under the […]
Lottery
November 18, 2022
Allwyn Announces €1.6bn Funding Deal with International Banks
Allwyn Entertainment announced that it had entered into a new €1.6 billion senior facilities agreement with a syndicated group of international banks. The €1.6 Billion Credit Facility Will Be Split Lenders under the aforementioned arrangement agreed to provide an aggregate €1.6 billion ($1.65 billion) facility to Allwyn International AS (“Allwyn International”, formerly known as SAZKA […]
Industry
November 1, 2022
National Lottery Q2 FY23 Funds for Good Causes Hit £501.8m
The Gambling Commission in the UK released the quarterly report keeping track of the National Lottery’s contribution to good causes report showing that funds in the second quarter of FY 23 have increased. Overview and Comparison Funds that were raised by the National Lottery for good causes need to be allocated to the National Lottery […]
Lottery
October 31, 2022
Allwyn Eyes Acquisition of Camelot UK’s Business
Czech lottery giant Allwyn Entertainment confirmed that it is in talks with Camelot for the acquisition of the latter’s UK business. Allwyn, which was selected as the next National Lottery operator, is bullish on consolidating power in the British market. Allwyn Wants to Speed Things Up Earlier this year, the United Kingdom’s Gambling Commission named […]
Industry
October 25, 2022
Camelot Banishes Scrabble & Monopoly Following CAP Changes
Scrabble and Monopoly, two of the National Lottery’s flagship games, have been removed from Camelot’s list of offerings. The operator has made the decision due to the new changes in regulation brought by the Committee of Advertising Practice (CAP) this spring. Exactly one year ago, Camelot was bashed by MPs from the UK Parliament for […]
Lottery
September 29, 2022
Allwyn Appoints NEDs to Support National Lottery Transition
The Czech lottery operator Allwyn was recently awarded with UK’s fourth National Lottery license following months of legal hurdles. Now, the company will reinforce its board with new members who will support the transition of lottery responsibilities from Camelot to Allwyn. Both of them were identified and invited to Allwyn with Audeliss Executive Search’s help. […]
Lottery
September 20, 2022
Allwyn Received the Fourth National Lottery License
After months of hurdles, Allwyn has finally received the fourth license to operate Britain’s National Lottery. The Czech operator was selected as the successor of the incumbent operator, Camelot, in March. However, the latter company put up a tough resistance against the licensing of Allwyn as the next National Lottery operator. Allwyn Crowned as Next […]
Industry
July 21, 2022
More than $2BN Go to Good Causes from the UK National Lottery
During the 2021-2022 financial year, the National Lottery in the UK distributed nearly £2 billion ($2.4 billion) to good causes, judging by data released earlier this week. National Lottery Allocates $2BN to Good Causes for 2021-22 The total sum, distributed to good causes by the Lottery for the 12 months until March 31, 2022, was […]
Lottery
May 24, 2022
London High Court to Weigh in on Camelot-National Lottery Case
London’s High Court will have to weigh in on whether the UK National Lottery may continue to operate or whether it will be stalled due to the legal battle between the UK Gambling Commission on the one hand and the outgoing lottery operator, Camelot, on the other. After losing the fourth selection process to Allwyn […]