Tag Archives: Allwyn

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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UKGC seeks guarantee on National Lottery transfer duties irrespective of Camelot challenge

SBC News UKGC seeks guarantee on National Lottery transfer duties irrespective of Camelot challenge

The UK Gambling Commission (UKGC) has raised concerns that Camelot Group‘s legal challenge of the Fourth National Lottery Competition may delay the handover of the National Lottery’s operating contract to Allwyn UK. The concern was raised by UKGC executive John Tanner in his submission to the High Court of England and Wales, as Camelot seeks to overturn the appointment of …

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Allwyn completes group-wide rebrand and identity change

Allwyn follows Camelot UK takeover with major expansion of US presence

Allwyn Group has completed its group rebrand and corporate identity change across all core units of its business.  Closing 2021, the company announced that it would change its corporate and brand identity from SAZKA Entertainment to Allwyn Group. The decision was taken to refresh the firm’s identity that had been born out of its Czech home market enterprise of SAZKA …

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Andrew Rhodes takes full leadership of Gambling Commission

SBC News Andrew Rhodes takes full leadership of Gambling Commission

The UK Gambling Commission (UKGC) has confirmed that Interim Chief Executive Andrew Rhodes has been appointed to the leadership role on a permanent basis.  Rhodes was appointed Interim CEO last June, following the abrupt resignation of Neil McArthur last Spring due to the Commission’s regulatory failings that were brought to life by the administration of Football Index. The former Chief …

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Camelot claims National Lottery loss will render business obsolete

SBC News Camelot claims National Lottery loss will render business obsolete

Camelot’s case in the High Court continued this week, with the National Lottery operator maintaining its protests about the future direction of the contract.  A representative for the company reportedly informed the High Court that it would ‘cease to exist’ should the next ten-year licence for the National Lottery be awarded to Czech firm Allwyn.  Following a lengthy licence tender, …

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UKGC: National Lottery good causes funds fall 11% in latest quarter

SBC News UKGC: National Lottery good causes funds fall 11% in latest quarter

The UK Gambling Commission (UKGC) has revealed that the National Lottery’s Good Causes funding in Q4 fell in comparison to the previous quarter and last year.  Publishing an update on its website, the Commission showed that the total raised for good causes in Q4 (January-March 2022), was £491.3 million. This represented a decline of 3.4% from the previous quarter and …

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OPAP offloads Betano stake to Allwyn investment vehicle

SBC News OPAP offloads Betano stake to Allwyn investment vehicle

OPAP SA has notified investors that it has divested its ‘minority interest’ in Betano, the Pan-European sportsbook subsidiary of Kaizen Gaming.  Issuing a market filing, the Athens-listed gambling group disclosed that it had sold its 36.75% stake in Betano to Rubidium Holding – a fully owned ‘indirect’ investment vehicle of Allwyn Entertainment. Deal terms will see OPAP receive an upfront …

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Camelot to launch High Court appeal against UKGC’s National Lottery verdict

SBC News Camelot to launch High Court appeal against UKGC's National Lottery verdict

Camelot UK has confirmed that it will proceed to launch a High Court appeal against the UK Gambling Commission’s (UKGC) decision to appoint bid competitor Allwyn UK as the preferred applicant for the fourth National Lottery licence. The High Court appeal was confirmed by Chief Executive Nigel Railton who seeks answers as to why Camelot’s bid was rejected as it …

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Camelot to challenge loss of National Lottery contract

SBC News Camelot to challenge loss of National Lottery contract

Camelot UK is set to launch a High Court legal challenge to the UK Gambling Commission’s (UKGC) decision to name Allwyn as the ‘preferred applicant’ for the fourth National Lottery licence. As reported this weekend by The Daily Telegraph, the ever-present officeholder will announce its intentions to take the Commission to court later this week, claiming it ‘broke the law’ when awarding the Czech-based operator the licence. …

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