Allwyn Europe’s leading lottery operator, and Ontario Teachers’ Pension Plan Board Ontario Teachers has announced that Allwyn has agreed to acquire the Camelot Lottery Solutions group of companies), currently owned by Ontario Teachers’.

The Camelot LS Group, headquartered in Chicago, operates the Illinois Lottery under a private management agreement through its operating company, Camelot Illinois LLC, and partners with the Arkansas Scholarship Lottery to enhance its lottery operations. Furthermore, the group includes a technology arm that provides products and services to lotteries and their players throughout Europe and North America. No changes are planned to the Camelot LS Group leadership team in connection with the transaction, and the business will continue to enhance the performance of the lotteries it supports. Following the transaction, the proven leadership team will have access to the in-depth experience developed by Allwyn over more than a decade of operating and improving lotteries across Europe.

“We remain committed to serving our customers, engaging players and growing lottery revenue to benefit the communities they serve,” said Camelot LS Group Chief Executive, Wayne Pickup. “As the private manager of the Illinois Lottery, we work closely with the Department of Lottery to drive responsible and sustainable growth to maximize revenue for the State of Illinois. Combining the resources, expertise, and talent of Allwyn and Camelot LS Group will only strengthen the results we help the State of Illinois and all our customers achieve.”

Robert Chvátal, CEO of Allwyn, added, “We have always viewed the US market as an important part of Allwyn’s future growth story, and the acquisition of Camelot LS Group, is the right step. Allwyn’s goal is building better lotteries, and helping them raise more for good causes, through innovation, technology, efficiency and safety in our quest for enhanced player engagement. Both Allwyn and Camelot share a passion about the lottery business, delivering value to our customers, and growing lottery returns to communities.”