Tag Archives: Allwyn

Allwyn has secured a major step in its international expansion, having completed its acquisition of Camelot UK from the Ontario Teachers’ Pension Plan Board (OTTPB). As a result, Camelot has now become a wholly owned subsidiary of the pan-European lottery operator, as its other holding, Allwyn UK, prepares to assume management in 2024. Allwyn UK is set to become National …

Allwyn UK remains on track to take control of the stewardship of the National Lottery in 2024, having been granted approval by the UK Gambling Commission (UKGC) to acquire Camelot UK Last November, Allwyn agreed to terms with the Ontario Teachers’ Pension Plan (OTPP) to acquire Camelot UK, a transaction needed to “help facilitate the smooth transition of the National …

Kerry Parkin has become the latest member of Allwyn’s senior management team, joining the firm as Global Communications Director. She takes her position at the company, a pan-European lottery operator, at a time of major international growth, as Allwyn prepares to assume management of the UK National Lottery. Having been officially designated the next National Lottery licence holder by the …

International Game Technology (IGT) has initiated legal action against the UK Gambling Commission (UKGC), reviving the dispute over the National Lottery’s next 10-year contract. According to The Times, the Italian company, the technology partner of outgoing National Lottery steward Camelot, is appealing under European human rights laws, claiming that it has lost  ‘marketable goodwill’ to the transition as operator of …

As it prepares to take on UK National Lottery management duties, Allwyn has agreed to acquire the Camelot Lottery Systems Group (Camelot LS) from the Ontario Teachers’ Pension Plan (OTTP). The deal builds on Allwyn’s decision to outright buy Camelot UK, which has been the operator of the National Lottery since 1993 and was the firm’s main competition in the …

Following a group-wide consolidation of its pan-European operations, Allwyn International has reported positive trading during Q3, particularly in the UK. Publishing its quarterly trading update for July-September, the company outlined Q3 revenue growth of 11% to €958.6m (2021: €867.4m) and adjusted EBITDA of €319.9m (€290.4m), a growth rate of 10%, although the margin was down from 55% to 54%..  Meanwhile, …

A group of MPs have found ‘mixed results’ in their review of the fourth National Lottery licence contest, as Camelot reports record results in its outgoing financials. The DCMS Committee published its review this morning, in which it concluded that the UK Gambling Commission’s (UKGC) debut tenure overseeing the National Lottery licence contest has had ‘at best mixed results’. The entire …

Allwyn Entertainment will take over the running of the National Lottery in 2023, having agreed terms to acquire Camelot UK outright.   A deal was reached with the Ontario Teachers Pension Plan (OTPP) for Camelot UK to be sold to Allwyn, who will take control of the Fourth National Lottery contract a year prior to its entitlement. Financial terms were not …

Allwyn Entertainment has secured access to €1.6bn funds, having reached a senior facilities agreement with a syndicated group of international banks.  The transaction was undertaken by Allwyn International (formerly SAZKA Group AS) with lenders agreeing to provide an aggregate €1.6bn facility to the lottery conglomerate. Terms of the agreement will see the €1.6bn credit facility split into separate debt tranches, …

Two of the National Lottery’s flagship ‘instant win’ games have been removed by outgoing operator Camelot UK.  The Daily Mirror.  reported this morning that Camelot has withdrawn the Monopoly and Scrabble games down from its website, citing rule changes by the Committee of Advertising Practice (CAP). In April, the UK’s advertising regulator brought in new rules for betting and gaming …