Tag Archives: Allwyn

UKGC formally awards National Lottery licence to Allwyn

UKGC formally awards National Lottery licence to Allwyn

Allwyn Entertainment UK has been officially awarded the National Lottery’s operating contract by the UK Gambling Commission (UKGC). Allwyn was first named as the preferred candidate for the fourth National Lottery licence in March, but current incumbents Camelot contested the Gambling Commission’s decision and appealed to the High Court. Therefore, commencement of the transition period was delayed until further notice, …

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Allwyn hits peak performance ahead of SPAC merger 

SBC News Allwyn hits peak performance ahead of SPAC merger 

Allwyn Entertainment has cited growth across all core markets as it finalises terms for a transformative SPAC merger with Cohn Robbins Holdings (CRHC) that will see the business list as the biggest lottery incumbent of the NYSE.  Publishing its consolidated H1 Interim trading report, Allwyn (formerly SAZKA Group) registered first-half 2022 gross gaming revenues of €1.77bn. The outcome reflected a …

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Allwyn to proceed with National Lottery transfer duties as Camelot withdraws appeal of enabling rights

SBC News Allwyn to proceed with National Lottery transfer duties as Camelot withdraws appeal of enabling rights

Allwyn UK will be allowed to begin the transition process to become the new operating company of the National Lottery. Yesterday afternoon, parent company Allwyn Entertainment AG announced that Camelot Group had withdrawn its appeal of enabling rights granted by the UK Gambling Commission (UKGC) to Allwyn UK. The appeal formed part of Camelot UK and IGT Plc’s High Court …

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Allwyn pledges to fix the National Lottery for all consumers

SBC News Allwyn pledges to fix the National Lottery for all consumers

The future of the UK National Lottery remains uncertain but Allwyn appears confident that it will emerge victorious from the bidding process, as CEO Robert Chvatal outlined the firm’s ambitions to The Times. Allwyn was named as the preferred candidate for the fourth UK National Lottery licence in March, fending off stern competition from a number of rival bidders including the current incumbent, Camelot. However, that decision sparked a …

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Cohn Robbins investor backs Allwyn SPAC merger

SBC News Cohn Robbins investor backs Allwyn SPAC merger

PPF Group, which currently owns approximately four million shares of Cohn Robbins Holdings (CRHC), has agreed to purchase an additional 26 million Allwyn shares. This follows news earlier this month that the proposed merger between Cohn Robbins Holdings and Allwyn was progressing well, after the latter’s registration statement was declared effective by the US Securities and Exchange Commission (SEC). PPF Group has now moved to acquire Allwyn shares at …

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Winning Post: Knight rides the Rambling Rhodes

SBC News Winning Post: Knight rides the Rambling Rhodes

Regulus Partners reports that Gambling Commission Chief Executive Andrew Rhodes was ambushed by Julian Knight MP on questions related to mandatory affordability checks,  a subject that gambling stakeholders require transparency on the review’s pending technical reforms.  The Gambling Commission found itself under fire once again this week as its chief executive, Andrew Rhodes appeared before the Culture, Media and Sport …

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UKGC: Allwyn allowed to proceed with National Lottery transfer 

Martin Novák to lead Allwyn UK data strategy for National Lottery licence

 The UK Gambling Commission (UKGC) has been allowed to proceed with awarding the National Lottery’s operating contract to Allwyn Entertainment UK. In May, Camelot UK – the incumbent operating firm of the National Lottery – had filed a High Court lawsuit against the UKGC awarding the Fourth National Lottery licence to Allwyn – which had been chosen as the ‘Preferred …

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Camelot National Lottery sales fall £283m as UK consumers look to cut costs

SBC News Camelot National Lottery sales fall £283m as UK consumers look to cut costs

As the cost of living crisis continues to affect millions across the UK consumers are continuing to tighten their belts – including buying less National Lottery products, according to Camelot. Although the outgoing operator recorded sales of over £8bn for just the second time in the National Lottery’s history, the figure of £8.090.7m for the 2021/22 financial year marked a …

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Allwyn nets 63% pan-European revenue growth as leadership monitors macro headwinds

Robert Chvátal, Allwyn CEO

Allwyn International (formerly SAZKA Group) has detailed ‘strong and stable’ growth across its European operations, as the recommended UK National Lottery steward records total GGR of €869.3m. Representing a 63% increase on Q1 2021 earnings of €526.3m, the rebranded firm‘s GGR was coupled with a 89% growth rate for NGR to €534.4m (€283m), alongside a rise in Adjusted EBITDA of …

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Allwyn SPAC merger faces slight delay in light of NYSE downturn

SBC News Allwyn SPAC merger faces slight delay in light of NYSE downturn

Dealmakers of Allwyn Group’s agreed SPAC merger with Cohn Robbins Holdings Corp (CRHC) have signalled that lottery conglomerate listing on NYSE will be temporarily delayed.  The transaction that was expected to be finalised during Q2, has been put back due to US stocks plummeting, amid fears of a pending global recession. The Times reports that “the transaction will now not …

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