Tag Archives: Karel Komárek

The future of the UK National Lottery remains uncertain but Allwyn appears confident that it will emerge victorious from the bidding process, as CEO Robert Chvatal outlined the firm’s ambitions to The Times. Allwyn was named as the preferred candidate for the fourth UK National Lottery licence in March, fending off stern competition from a number of rival bidders including the current incumbent, Camelot. However, that decision sparked a …

PPF Group, which currently owns approximately four million shares of Cohn Robbins Holdings (CRHC), has agreed to purchase an additional 26 million Allwyn shares. This follows news earlier this month that the proposed merger between Cohn Robbins Holdings and Allwyn was progressing well, after the latter’s registration statement was declared effective by the US Securities and Exchange Commission (SEC). PPF Group has now moved to acquire Allwyn shares at …

Allwyn Entertainment and Cohn Robbins Holding Corp (CHRC) have moved forward with their merger plans, which would result in the former securing a listing on the New York Stock Exchange (NYSE). The US Securities and Exchange Commission (SEC) has ‘declared effective’ Allwyn’s submission of a registration statement in connection with the amalgamation, which the respective first parties first outlined plans …

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 …

Northern & Shell Plc, the publishing group of Richard Desmond, will appeal the UK Gambling Commission’s (UKGC) decision to award the 4th National Lottery operating contract to Allwyn Group.  According to a Financial Times report, Northern & Shell will join ousted incumbent Camelot UK in launching a High Court appeal against the UKGC’s decision to appoint Allwyn as National Lottery …

Dean Russell, MP for Watford, has expressed concerns regarding the UK Gambling Commission’s (UKGC) decision to hand the next ten-year National Lottery licence to Allwyn. Sharing his opinions at Prime Minister’s Questions in Parliament yesterday, the Conservative MP focused on Allwyn’s alleged ties to Russia, at a time when international relations remain tense due to the invasion of Ukraine.  In particular, he …

Upon securing the next 10 year licence to the National Lottery, Allwyn Entertainment has provided an update on its operating strategy to its new holding, detailing a pan-European approach.  In particular, Allwyn plans to share best practice in lottery operations and focus on improvement of draw-based games, leveraging its experience as an operator of several lotteries throughout the continent.  Allwyn …

KKCG Group has confirmed the appointment of Pavel Turek as its Chief Officer of CSR and Brand, with primary responsibility for coordinating marketing and CSR operations. Turek will work for both KKCG and its Sazka Group lottery brand, with the firm highlighting his knowledge of sports marketing as well as in ‘the monetisation of new areas of sport’. The new …

Sazka Entertainment has appointed four-time Olympic medalist Lord Sebastien Coe to its Board of Directors. Lord Coe is the current President of World Athletics and was instrumental in London’s bid to host the 2012 Olympic Games. He began his role as a non-executive director of the Pan-European lottery operator on Tuesday. Despite UK subsidiary Allwyn competing to win the UK government’s Fourth …

Sugal & Damani, the Indian lottery operator which has been participating in the fourth UK National Lottery licence competition, will reportedly withdraw from the bidding contest, according to The Telegraph. If the firm does withdraw its bid, four participants will remain in the competition – incumbent operator Camelot, former adult magazine publisher Richard Desmond, Italy’s Sisal and Allwyn, the UK …