Camelot’s case in the High Court continued this week, with the National Lottery operator maintaining its protests about the future direction of the contract. A representative for the company reportedly informed the High Court that it would ‘cease to exist’ should the next ten-year licence for the National Lottery be awarded to Czech firm Allwyn. Following a lengthy licence tender, …
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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 …
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Aspire Global has made the decision to close its contract with Sports Lotteries LLC, the operator of the Russian National Lottery, whilst BETER has also ended its business relationships in the country. The Malta-based sports betting and gaming software provider has cited ‘a different business view’ to Sports Lotteries as its primary motivation behind the partnership termination. However, amid widespread …
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The Chairs of Czech international lottery operator Allwyn and its parent company, investment firm KKCG, have joined wider industry and global condemnation of the Russian invasion of Ukraine. Penning an open letter this morning, the two firms described Vladimir Putin’s military action against his western neighbour as a ‘senseless act of aggression’, whilst also decrying the ‘barbarism’ of the President’s …
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Czech private equity firms KKCG and EMMA Capital have confirmed that they will move to split the ownership of assets in pan-European betting and lottery operator SAZKA Group. SAZKA is the Czech national lottery operator, which holds majority/significant holdings in European operators – OPAP Greece (33%), Casinos Austria (30%), LOTTOITALIA (33%) and SuperSport Croatia (67%). Agreeing on undisclosed terms, the …
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