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Gambling News - 'Allwyn'
Sports
February 11, 2025
Allwyn Joins Formula 1 as Official Partner, Vows to Empower Fans
International lottery giant Allwyn has unveiled a major new partnership with Formula 1. Coming just in time for F1’s 75th anniversary, the tie-up will celebrate the sport, promoting the excitement of professional racing. Allwyn Joins F1 as Official Partner According to the official announcement, the deal will increase Allwyn’s global awareness, cementing the company as […]

Lottery
January 31, 2025
$103M EuroMillions Ticket in UK Set to Expire
The EuroMillions lottery has issued a reminder that a person who holds a $103 million ( £83.4 million) ticket needs to claim it before it expires. The jackpot was won during a Friday drawing last week and a person has yet to step up to claim it. EuroMillions Winner Wanted – $103 Million on the Line […]
Business
December 30, 2024
Allwyn Secures 51% Stake in Novibet Parent Company
Allwyn has secured a majority stake in Novibet’s parent company Logflex MT Holding Limited. The deal will expand the former company’s position as a leading lottery company and a rising iGaming star. Allwyn Continues to Grow Its Business As confirmed by Allwyn, the transaction will see it acquire a controlling 51% stake in Logflex. This […]

Business
December 9, 2024
Allwyn Q3 Boosted by Strong Performance in Key Markets
Allwyn has published its preliminary unaudited financial results for the third quarter of 2024. As the company recorded increases across the board, CEO Robert Chvatal expressed excitement about its standout performance in Greece and Cyprus. A Strong Quarter for Allwyn In Q3 2024, Allwyn reported a total revenue of EUR 2.14 billion ($2.26 billion), marking […]

Legal
November 29, 2024
Report: UKGC Seeking Settlement to Northern & Shell Lawsuit
The UK Gambling Commission (UKGC) is seeking a settlement to a lawsuit by media mogul Richard Desmond’s Northern & Shell PLC, according to a report by The Telegraph. The news outlet added that the matter is said to be further discussed in the weeks to come. Northern & Shell’s Challenge Stands The legal challenge was […]

Lottery
November 14, 2024
Allwyn’s Delayed Tech Upgrade of the UK National Lottery Raises Concerns
For three decades Camelot used to run the UK National Lottery. During that time, the operator helped raise billions to charitable causes. However, two years ago, Camelot lost the bid for the National Lottery license to Allwyn, a company currently headquartered in Switzerland. Now, a new report suggests that a massive technology upgrade for the […]

Lottery
October 2, 2024
Allwyn Moves International Headquarters to Switzerland
Allwyn International AG, the company that previously operated out of the Czech Republic, has found a new home in Switzerland, reincorporating itself in the European country. Allwyn Moves Corporate Home to Switzerland The change of home turf has been accompanied by the transfer of €500 million ($553 million) worth of senior secured notes due in […]
Industry
July 15, 2024
UKGC Considered Allwyn’s Ties with Russia Irrelevant to the National Lottery Bidding
The United Kingdom’s Gambling Commission (UKGC) did not believe that Allwyn’s indirect ties to Russia were relevant to The National Lottery licensing process. Responding to a freedom of information request by gambling news outlet NEXT.io, the regulator released previously undisclosed details of the lottery giant’s approach to this issue. Allwyn’s parent company KKCG, for context, […]
Legal
June 10, 2024
UKGC to Face Northern & Shell in Court in October 2025
Northern & Shell is set to face the UK Gambling Commission in court in October next year, according to a new update. The former company stands as the last challenger of the UKGC’s decision to select Allwyn as the new National Lottery operator. The British regulator’s decision was challenged by a variety of opponents, including […]
Industry
June 5, 2024
Allwyn Parent KKGC Cuts Ties with Russia
KKGC, an investment fund owned by Czech billionaire Karel Komárek, announced its intentions to cut its ties with Russian energy corporation Gazprom. This would mean that Allwyn, one of KKGC’s subsidiaries, will no longer have indirect ties with Russia. Allwyn took over the UK National Lottery recently after being selected as Camelot’s successor by the […]