Tag Archives: Ontario Teachers’ Pension Plan (OTPP)

The Ontario Teachers’ Pension Plan (OTTP) is apparently looking to further divest its lottery holdings, with UK and Irish media reports indicating the group is evaluating a sale of Premier Lotteries Ireland (PLI). This would further reduce the OTTP’s presence in the European lottery market, as PLI has been the operator of the Irish National Lottery since 2014, managing the …

Multinational lottery operator Allwyn has completed the full takeover of the Camelot network from the Ontario Teachers’ Pension Plan Board (OTTPB). The company revealed today that it had now finalised the acquisition of Camelot Lottery Solutions (Camelot LS) group, fully integrating the outgoing UK National Lottery operator’s B2C brand and support networks. As such, all companies of the Camelot LS …

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 …

Allwyn Entertainment has entered “advanced discussions” to acquire Camelot UK in a move to bolster its operations ahead of its takeover of the National Lottery’s stewardship in February 2024.  This weekend, Sky News reported on “surprise negotiations” between the two businesses that had fought a highly contentious tender to win the UK government’s multi-billion contract to operate the National Lottery. …