Tag Archives: Camelot

The UK Gambling Commission (UKGC) has stated its confidence that Allwyn UK will achieve its objective of raising more money for good causes as the new operating steward of the National Lottery. On 1 February, Allwyn will take charge of the UK government’s Fourth National Lottery Licence, noted as a transformative event for UK gambling and the third sector, as …

Allwyn Group has maintained year-on-year growth despite challenging Q3 headwinds in Greece. The lottery group has also reported strategic progress on core expansion initiatives while facing tough year-end trading conditions reflected across the gambling industry. Publishing its Q3 unaudited accounts, the lottery conglomerate’s consolidated revenues stand at €2bn, doubling the comparative 2022 results of €1bn. The increase was attributed to …

The High Court of England and Wales has decided against a legal claim by International Game Technology (IGT) regarding the upcoming National Lottery licence transition. IGT and outgoing National Lottery operator Camelot UK both lodged complaints against the UK Gambling Commission’s (UKGC) decision to issue the fourth National Lottery licence to Allwyn in September 2021. Both claims were dropped in …

Ahead of the transfer of National Lottery licence duties on 1 February 2024, Allwyn and Camelot have formulated a joint plan to assist retailers with upcoming changes. The duo is aiming to help retailers to electronically transfer Retailer Agreements from Camelot to Allwyn once the transition of licence duties between the two is complete on 1 February 2024. All Retailer …

Robert Chvatal, Group CEO of Allwyn International, has asserted that the pan-European lottery conglomerate can balance its organic and M&A growth in what promises to be a transformative 2023. Speaking to SBC following the publication of Allwyn International’s Q1 results, which incorporated the performance of Camelot UK assets, the transaction resulted in an impressive 80% surge in revenues to €1.6bn, …

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 …

International Game Technology (IGT) has initiated legal action against the UK Gambling Commission (UKGC), reviving the dispute over the National Lottery’s next 10-year contract. According to The Times, the Italian company, the technology partner of outgoing National Lottery steward Camelot, is appealing under European human rights laws, claiming that it has lost  ‘marketable goodwill’ to the transition as operator of …

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 …

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, …