Incoming UK National Lottery operator Allwyn in USD 115 M talks to buy incumbent Camelot
Wednesday 02 de November 2022 / 07:16
2 minutos de lectura
(London).- The next operator of the National Lottery is in talks to buy the incumbent, Camelot, in a £100m [$115m] deal that would pave the way for the removal of the latter’s final legal challenge against the industry regulator.
Sky News has learnt that Allwyn Entertainment is in advanced discussions with Camelot’s Canadian owner about a takeover of its UK operations.
The surprise deal would result in Allwyn controlling the company it will replace as the National Lottery operator in February 2024. Sources said an agreement could be struck in the coming weeks and was likely to see Allwyn paying in the region of £100m to acquire Camelot’s UK arm. The surprise deal would result in Allwyn controlling the company it will replace as the National Lottery operator in February 2024.
Sources said an agreement could be struck in the coming weeks and was likely to see Allwyn paying in the region of £100m to acquire Camelot's UK arm.
The Gambling Commission, which oversaw the awarding of the new licence earlier this year, is understood to have been informed about the discussions.
If completed, the deal would give Allwyn access to Camelot's UK earnings roughly a year before it surrenders control of the franchise it has held since the National Lottery launched in 1994.
Crucially, it would also trigger the withdrawal of Camelot's outstanding legal challenge against the regulator over the decision to replace it with Allwyn in 16 months' time.
Categoría:Lottery
Tags: Sin tags
País: United Kingdom
Event
ICE Barcelona 2026
19 de January 2026
R. Franco Strengthens Its Global Positioning Following a Strong Presence at ICE Barcelona 2026
(Barcelona, SoloAzar Exclusive).- R. Franco Digital's participation at ICE Barcelona 2026 delivered a highly positive outcome for the company, which leveraged the event to consolidate its international presence, showcase its latest innovations for both land-based and online segments, and generate key business opportunities across Europe and Latin America.
Wednesday 11 Feb 2026 / 12:00
Slotegrator leverages ICE Barcelona 2026 to strengthen its rebranded positioning and expand global growth strategy
(Barcelona, SoloAzar Exclusive).- Slotegrator closed ICE Barcelona 2026 with strong commercial momentum and enhanced brand positioning, using the event to showcase its rebranded ecosystem of technology and consulting solutions while advancing negotiations with operators and partners across regulated and emerging markets.
Thursday 12 Feb 2026 / 12:00
GR8 Tech kicks off 2026 with record-breaking ICE Barcelona performance and strong demand for Crypto Turnkey
(Barcelona, SoloAzar Exclusive).- GR8 Tech reported a highly successful showing at ICE Barcelona 2026, marked by a significant increase in qualified business meetings, strong interest in its Crypto Turnkey solution, and industry recognition as Best Software Supplier of the Year, setting a confident tone for its global growth strategy in 2026.
Thursday 12 Feb 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.