The news brings to a close a turbulent licensing bidding process that saw Camelot threaten legal action over the Gambling Commission’s decision to award the fourth lottery license to Allwyn ahead of Camelot. However, the company withdrew its threat and entered into negotiations to sell its UK lottery business to Allwyn.
Allwyn Acquisition of Camelot UK Lotteries Approved by Gambling Commission“Allwyn welcomes the news that the Gambling Commission has cleared the company’s acquisition of Camelot UK Lotteries Limited from Ontario Teachers’ Pension Plan Board.”
Allwyn Acquisition of Camelot UK Lotteries Approved by Gambling CommissionAllwyn Acquisition of Camelot UK Lotteries Approved by Gambling Commission“Today marks an important milestone in our journey to become the operator of The National Lottery. Acquiring Camelot will help ensure a smooth transition from the Third to the Fourth Licence, while bringing together the collective expertise and technical know-how of two highly experienced lottery operators.
“We are thrilled to welcome Camelot into the Allwyn family. We are united by our common passion: to protect and improve The National Lottery, and the good causes it supports.”
