Tag Archives: Robert Chvatal

Camelot lauds National Lottery sales growth to £8.2bn

SBC News Camelot lauds National Lottery sales growth to £8.2bn

Camelot UK has reported total National Lottery sales of £8.2bn for the financial year 2022/23, marking the second-highest annual sales total in its corporate history.  The sales result reflected an increase of £96m, as prize money awarded to customers reached £4.69bn, creating 382 new millionaires and replicating the second-highest results achieved by Camelot UK. Lottery duty and retailer commissions saw …

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Allwyn and Vodafone pledge to ‘Digitally Transform’ the National Lottery

SBC News Allwyn and Vodafone pledge to ‘Digitally Transform' the National Lottery

Allwyn UK and Vodafone have announced a partnership to revolutionise the technology infrastructure of the National Lottery for the benefit of consumers, retailers, and good causes. A new National Lottery is set to launch on 1 February 2024, under the stewardship of Allwyn UK. Vodafone, which backed Allwyn’s bid as the ‘connectivity partner’, will power the collaboration to enhance the …

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Allwyn ends 2022 in strong position ahead of UK stewardship

Allwyn follows Camelot UK takeover with major expansion of US presence

Having laid down the groundwork for the commencement of its UK operations next year, Allwyn Group has declared strong revenue growth across its group-wide business. Assessing its pan-European operations, Allwyn noted developments in the UK and Austria as being of particular significance to its growth and strategy. Growing to pan-European lottery leadership Publishing its full year and Q4 trading update, …

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Allwyn’s UK lottery vision on course as Camelot acquisition completed

Robert Chvátal, Allwyn CEO

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 …

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Allwyn nets UKGC greenlight to acquire Camelot UK

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

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 …

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Allwyn follows Camelot UK takeover with major expansion of US presence

Allwyn follows Camelot UK takeover with major expansion of US presence

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 …

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Allwyn details ‘exciting UK developments’ in Q3 ahead of National Lottery operation

Robert Chvátal, Allwyn CEO

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, …

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Allwyn acquires Camelot UK to accelerate stewardship of National Lottery 

national lottery website UK

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 …

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Allwyn US listing put on hold as Cohn Robbins combination abandoned

SBC News Allwyn US listing put on hold as Cohn Robbins combination abandoned

Allwyn has stated that a public listing and expansion of its operations in the US remain future objectives, despite shelving its proposed merger with SPAC Cohn Robbins Holdings Corp (CRHC). The European lottery operator announced over the weekend that the duo had ‘jointly decided’ not to pursue the planned business combination, citing several factors.  These included the timing of the …

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