Fed welcomes Allwyn’s acquisition of Camelot

Allwyn AG, which is set to run the National Lottery from Feb 1, 2024, has announced that it has reached an agreement with Ontario Teachers’ Pension Plan Board to acquire Camelot UK Lotteries Limited.

The acquisition, which is subject to regulatory approvals, including from the Gambling Commission, has been welcomed by the Fed.

Fed National President Jason Birks said, “We congratulate Allwyn on the acquisition of Camelot from Ontario Teachers and hope that we can continue a strong relationship that is mutually beneficial.

“The Fed calls on Allwyn to consider the independent retailer during this transition, as they are central to the functionality of the lottery system and must be supported fully during this changeover.

“We hope that Allwyn will take the time to meet with the Fed to mitigate any impact this transition may have, and we look forward to working together.”

Announcing the acquisition of Camelot, Allwyn AG’s CEO Robert Chvátal said, “We are delighted to have the opportunity to acquire the current operator of the Third Licence for the UK National Lottery. Allwyn and Camelot share a common goal: a passion to protect and improve the UK National Lottery, and the good causes it celebrates. Common ownership of the operators of both the Third and Fourth Licences will help ensure the successful delivery of the National Lottery both in 2023 and over the next decade.

“Allwyn is committed to making the National Lottery better, raising more for good causes and improving player protection. This deal strengthens the transition process and helps support Allwyn in achieving its vision for the National Lottery.”

The Czech-based company was granted the licence to operate the National Lottery from Camelot earlier this year. It has confirmed that it is working with Camelot and the Gambling Commission to ensure the ease of this transition.

The Fed will continue to monitor developments and update its members accordingly.