Allwyn in talks to buy Camelot UK
Allwyn Entertainment is in discussions to take over the company it will replace as operator of the UK’s National Lottery.
The UK Gambling Commission formally awarded the fourth UK National Lottery Licence to Allwyn in September. In response to speculation, Allwyn said, we can confirm that Allwyn is engaged in discussions with Ontario Teachers’ Pension Plan which may lead to it purchasing Camelot’s U.K operations. If an agreement were to be reached, it would be subject to regulatory approvals.
Our shared objective is to reach an agreement which would best serve the interests of the many stakeholders of The National Lottery, in particular the good causes it supports as well as the employees of Camelot and Allwyn UK.