Revenue climbs for incoming National Lottery operator Allwyn as it scoops up Camelot lottery Incoming National Lottery operator Allwyn said revenue continued to climb steadily in the third quarter as the gambling giant gears up to takeover the lucrative government licence. Allwyn said revenue jumped 11 per cent in the recent quarter to €958.6m, whilst consolidated adjusted EBITDA was up 10 per cent to €319.9m. In September, the Czech based [...]
Allwyn snaps up rival Camelot as it gears up for National Lottery takeover lottery Allwyn will snap up the current operator of the National Lottery Camelot UK as the Czech firm gears up to takeover the licence in 2024. Earlier this year, the Gambling Commission awarded Allwyn the licence to operate the National Lottery from 1 February 2024. Camelot, which is owned by Ontario Teachers’ Pension Plan Board, initially [...]
Allwyn still not quite at National Lottery jackpot NATIONAL LOTTERY DESPITE Camelot confirming that it would be withdrawing its legal challenge against Allwyn over the National Lottery licence, there remains one last obstacle between the Czech firm and the jackpot contract: IGT. While the Gambling Commission acknowledged Camelot’s decision, the regulator said it wasn’t aware of changes to technology firm IGT’s position. IGT, which provides [...]
Camelot’s National Lottery legal battle could drain £1bn from good causes September 4, 2022 Legal action could drain over a £1bn from the National Lottery good causes fund as the battle comes to head this month.
Allwyn’s lottery projections deemed ‘implausible’ as Camelot eyes appeal July 4, 2022 Independent evaluators of the Allwyn's winning National Lottery bid have called its revenue projections “implausible” and carrying “a high degree of risk”, as the legal battle seems likely to drag on for the lucrative contract.
Outgoing lottery operator Camelot faced with falling ticket sales and Brits ‘tightening their belts’ June 28, 2022 Falling sales of tickets and instant win games amid signs that players had “tightened their belts” in the face of soaring costs are hitting outgoing UK National Lottery operator Camelot hard. Camelot, which recently launched legal action against the Gambling Commission after losing the lottery’s next licence to rival Allwyn, saw sales drop 3 per [...]
National Lottery faces possible suspension as Camelot legal battle drags on May 29, 2022 The UK gambling regulator has warned that the National Lottery could be suspended for the first time ever.
UK’s biggest-ever National Lottery winners go public with £184m jackpot from lucky dip May 19, 2022 The country’s biggest-ever National Lottery winners have gone public with their £184m win. The lucky pair banked the giant EuroMillions jackpot in the draw on Tuesday May 10, 2022 and are now celebrating with an astonishing £184,262,899.10. The Gloucester based Joe and Jess Thwaite bought their EuroMillions Lucky Dip ticket for the massive draw on [...]
UK ticket holder richer than Adele after £184m lottery jackpot May 11, 2022 One lucky winner in the UK has bagged the country’s biggest-ever National Lottery prize, with a £184m jackpot. The winning main EuroMillions numbers are: 03, 25, 27, 28, 29 while the winning Lucky Star numbers are 04, 09. The EuroMillions winner is now richer than celebrities including boxer Anthony Joshua, who is recorded as having [...]
Camelot’s National Lottery legal battle could drain £500m from good causes May 8, 2022 The former boss of lottery operator Camelot has urged the gambling commission to delay the transfer of the firm’s licence to new operator Allwyn, as the costly legal battle could cut resources for good causes. Dame Dianne Thompson has written in a letter to the commission first reported by the Mail on Sunday that a legal [...]