Lottery
November 29, 2022
Allwyn Posts Strong Q3 According to Preliminary Results
The leading global lottery operator, Allwyn International, released its latest trading update Tuesday. The company unveiled its preliminary results for the three and nine months ended September 30, 2022. Allwyn Releases Q3 Preliminary Results Judging by the recent data, Allwyn enjoyed a strong quarter with gross gaming revenue (GGR) hitting €958.6 million ($995.2 million). When […]
Lottery
November 21, 2022
Allwyn to Acquire Camelot UK
Allwyn has proceeded with its plans to acquire Camelot UK Lotteries and expand its presence in Britain ahead of becoming the National Lottery operator. Acquiring Camelot, which is the incumbent operator, will allow the Czech company to immediately take the reins. The deal was announced by Allwyn and Ontario Teachers’ Pension Plan Board. Under the […]
Lottery
November 18, 2022
Allwyn Announces €1.6bn Funding Deal with International Banks
Allwyn Entertainment announced that it had entered into a new €1.6 billion senior facilities agreement with a syndicated group of international banks. The €1.6 Billion Credit Facility Will Be Split Lenders under the aforementioned arrangement agreed to provide an aggregate €1.6 billion ($1.65 billion) facility to Allwyn International AS (“Allwyn International”, formerly known as SAZKA […]
Industry
November 1, 2022
National Lottery Q2 FY23 Funds for Good Causes Hit £501.8m
The Gambling Commission in the UK released the quarterly report keeping track of the National Lottery’s contribution to good causes report showing that funds in the second quarter of FY 23 have increased. Overview and Comparison Funds that were raised by the National Lottery for good causes need to be allocated to the National Lottery […]
Lottery
October 31, 2022
Allwyn Eyes Acquisition of Camelot UK’s Business
Czech lottery giant Allwyn Entertainment confirmed that it is in talks with Camelot for the acquisition of the latter’s UK business. Allwyn, which was selected as the next National Lottery operator, is bullish on consolidating power in the British market. Allwyn Wants to Speed Things Up Earlier this year, the United Kingdom’s Gambling Commission named […]
Lottery
September 29, 2022
Allwyn Appoints NEDs to Support National Lottery Transition
The Czech lottery operator Allwyn was recently awarded with UK’s fourth National Lottery license following months of legal hurdles. Now, the company will reinforce its board with new members who will support the transition of lottery responsibilities from Camelot to Allwyn. Both of them were identified and invited to Allwyn with Audeliss Executive Search’s help. […]
Business
September 26, 2022
Allwyn and Cohn Robbins Not to Merge Due to Market Conditions
After delaying a proposed merger to the third quarter of the year, Allwyn Entertainment and special purpose acquisition company Cohn Robbins Holdings Corp. have announced that the deal is off. The companies released a joint press statement in which they stated that they have decided against proceeding with the deal. Allwyn Explains Why the Decision […]
Lottery
September 20, 2022
Allwyn Received the Fourth National Lottery License
After months of hurdles, Allwyn has finally received the fourth license to operate Britain’s National Lottery. The Czech operator was selected as the successor of the incumbent operator, Camelot, in March. However, the latter company put up a tough resistance against the licensing of Allwyn as the next National Lottery operator. Allwyn Crowned as Next […]
Lottery
September 7, 2022
Cohn Robbins Holdings Welcomes Camelot’s Decision to Withdraw Its Appeal
Allwyn has greeted Camelot’s appeal withdrawal against the decision to give the National Lottery license to Allwyn. In a statement, the company noted that the withdrawal removes a massive obstacle to the UKGC and the transition process can now finally begin. Cohn Robbins Holdings, partners of Allwyn also shared the excitement. The UKGC Gave Allwyn […]
Lottery
September 6, 2022
Allwyn: Camelot Drops Claim for UK Lottery Re-Tendering
Allwyn Entertainment, the leading multi-national lottery operator, confirmed that Camelot withdrew from the legal challenge regarding the National Lottery license in the United Kingdom. Allwyn’s National Lottery License Win Led to Court Dispute On Monday, the company revealed that Camelot decided to pull out of the legal challenge. It was back in March when the […]