Tag Archives: National Lottery

MPs call on Allwyn to make a ‘greater contribution’ after Camelot ‘mixed results’

allwyn national lottery camelot

A group of MPs have found ‘mixed results’ in their review of the fourth National Lottery licence contest, as Camelot reports record results in its outgoing financials. The DCMS Committee published its review this morning, in which it concluded that the UK Gambling Commission’s (UKGC) debut tenure overseeing the National Lottery licence contest has had ‘at best mixed results’. The entire …

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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 secures €1.6bn credit facility to refinance debt and National Lottery costs

Allwyn follows Camelot UK takeover with major expansion of US presence

Allwyn Entertainment has secured access to €1.6bn funds, having reached a senior facilities agreement with a syndicated group of international banks.  The transaction was undertaken by Allwyn International (formerly SAZKA Group AS) with lenders agreeing to provide an aggregate €1.6bn facility to the lottery conglomerate. Terms of the agreement will see the €1.6bn credit facility split into separate debt tranches, …

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UKGC: Gambling protections work, but children require better influences to prevent harm

SBC News UKGC: Gambling protections work, but children require better influences to prevent harm

The UK Gambling Commission (UKGC) has published its long-awaited ‘Young People and Gambling Report’, following a two-year hiatus due to the COVID-19 pandemic’s impact on its survey research.  Since 2011, the Commission has surveyed 11 to 16-year-olds’ involvement in gambling as a key assessment of market safeguards to protect children from being harmed or exploited by gambling. Last month, the …

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UK National Lottery contributes over £500m to good causes during Q2 FY22/23

The UK National Lottery’s contribution to good causes has broken the £500m mark for the second time in five quarters after increasing by 18.7% sequentially

The UK National Lottery’s contribution to good causes has broken the £500m mark for the second time in five quarters after increasing by 18.7% sequentially.  The UK Gambling Commission (UKGC) noted that Camelot, operator of the National Lottery,  contributed £501.8m to good causes for the three-month period ending September 30, up 18.7% on Q1’s total of £422.9m.   Meanwhile, the contribution …

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Allwyn in advanced talks to acquire Camelot UK to help National Lottery’s 2024 transition

allwyn acquires camelot - national lottery

Allwyn Entertainment has entered “advanced discussions” to acquire Camelot UK in a move to bolster its operations ahead of its takeover of the National Lottery’s stewardship in February 2024.  This weekend, Sky News reported on “surprise negotiations” between the two businesses that had fought a highly contentious tender to win the UK government’s multi-billion contract to operate the National Lottery. …

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HMRC nets £1.62bn in interim taxes as UK gambling returns to normalised environments

SBC News HMRC nets £1.62bn in interim taxes as UK gambling returns to normalised environments

HM Revenue & Customs (HMRC) tracks £1.62bn in tax receipts generated by UK gambling during the first half of the financial year for 2022/2023 (April 2022 to March 2023). The tax authority has published its latest data sets for ‘UK Betting and Gaming’ which include ‘provisional tax receipts’ on income generated during the interim months of 2022/2023 (April-to-September 2022). Generating …

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Camelot limits National Lottery instant win games

national lottery website UK

Two of the National Lottery’s flagship ‘instant win’ games have been removed by outgoing operator Camelot UK.  The Daily Mirror.  reported this morning that Camelot has withdrawn the Monopoly and Scrabble games down from its website, citing rule changes by the Committee of Advertising Practice (CAP). In April, the UK’s advertising regulator brought in new rules for betting and gaming …

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UKGC formally awards National Lottery licence to Allwyn

UKGC formally awards National Lottery licence to Allwyn

Allwyn Entertainment UK has been officially awarded the National Lottery’s operating contract by the UK Gambling Commission (UKGC). Allwyn was first named as the preferred candidate for the fourth National Lottery licence in March, but current incumbents Camelot contested the Gambling Commission’s decision and appealed to the High Court. Therefore, commencement of the transition period was delayed until further notice, …

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Allwyn to proceed with National Lottery transfer duties as Camelot withdraws appeal of enabling rights

SBC News Allwyn to proceed with National Lottery transfer duties as Camelot withdraws appeal of enabling rights

Allwyn UK will be allowed to begin the transition process to become the new operating company of the National Lottery. Yesterday afternoon, parent company Allwyn Entertainment AG announced that Camelot Group had withdrawn its appeal of enabling rights granted by the UK Gambling Commission (UKGC) to Allwyn UK. The appeal formed part of Camelot UK and IGT Plc’s High Court …

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