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Gambling News - 'Allwyn'
Legal
March 15, 2024
UK Government Investigates Ties between Allwyn and Kremlin-Owned Banks
Allwyn, the company behind the UK’s largest public-sector contract, allegedly borrowed millions from Russia’s two largest lenders, VTB and Sberbank, according to a revelation by The Guardian. While the company did not violate sanctions, this newest controversy raises concerns regarding the gambling sector’s transparency and may undermine the UKGC’s position. Allwyn Claims It Complied with […]
Lottery
February 19, 2024
UK MPs Question How Allwyn Can Increase Funds for Good Causes
Early in 2022, the gambling regulator in the UK, the Gambling Commission, awarded the fourth license for the UK National Lottery to Allwyn, a company that emerged as the successful bidder for the 10-year license. Awarding the license to Allwyn meant that Camelot, the company that operated the Lottery since its inception in 1994, would […]
Business
February 5, 2024
Allwyn Secures 70% Stake in Instant Win Gaming
Lottery leader Allwyn announced that it has teamed up with Instant Win Gaming (IWG), a leading supplier of digital e-Instant and instant win games. According to the announcement, Allwyn has joined forces with IWG’s co-founders, Rhydian Fisher and Simon Bucknall, and will work with them to unlock new opportunities to innovate the instant win games […]
Industry
February 1, 2024
Allwyn Takes over The National Lottery, Launches New Marketing Campaign
Lottery giant Allwyn has made history, becoming the first company other than Camelot to operate the United Kingdom’s National Lottery. The Czech company promised to celebrate this by providing more money to good causes than ever. Allwyn was selected as The National Lottery’s successor a while ago, much to Camelot’s initial dismay. Camelot and IGT […]
Lottery
January 16, 2024
Transfer of National Lottery License to Boost Funds for Good Causes
Since 1994, when the National Lottery in the UK held its first draw, more than 670,000 projects have received vital funding. The Lottery helped raise more than £47 billion ($59.4 billion) for Good Causes and now, considering the transfer of its license, those proceeds are expected to continue growing. For three decades, Camelot held the […]
Business
January 11, 2024
Allwyn Names Steve Parkinson as Brand and Marketing Director
Allwyn UK, the successor of Camelot as The National Lottery operator, announced a major new appointment. According to the announcement, Steve Parkinson, a former Bauer Media leader, will join the Allwyn team as its new brand and marketing director. In this new position, Parkinson will leverage his expertise to grow The National Lottery and help […]
Lottery
December 21, 2023
Allwyn Selects Mark Hughes as Chief Security Officer
Mark Hughes is a long-standing industry veteran, and he will be tasked with all areas of The National Lottery’s security. He will become onboarded with the company’s operations from January 15, 2024, ahead of the official company takeover from Camelot on February 1, 2024. Bringing Security Veteran to Safeguard Lottery Operations Hughes is versed in […]
Business
December 5, 2023
Allwyn’s Strong Q3 Results Were Driven by the Camelot Acquisition
Lottery leader Allwyn has published its Q3 2023 preliminary unaudited results, highlighting the contribution of the company’s acquisition of Camelot. In Q3, Allwyn reported consolidated total revenue of EUR 2 billion (approximately $2.16 billion), representing a stellar 98% year-on-year increase. As mentioned, these results were underpinned by the company’s recent acquisitions. Excluding these, the company’s […]
Legal
December 4, 2023
Richard Desmond Challenges UKGC’s Selection of Allwyn as The National Lottery Operator
The UK Gambling Commission’s (UKGC) decision to crown Allwyn as the successor of The National Lottery has once again been challenged. While Camelot retracted its claims and eventually joined Allwyn, another challenger has now appeared. The new dispute comes from Richard Desmond, a British businessman and media mogul. Desmond will seek damages from the UKGC […]
Business
October 3, 2023
Allwyn Rebrands Camelot Illinois as Allwyn North America
Allwyn, a major international lottery company, has unveiled its intentions to rebrand Camelot Illinois, one of its subsidiaries, as Allwyn North America. The move follows Allwyn’s acquisition of the Camelot Lotteries Solutions group and reflects the former company’s ambition to form a consistent brand identity. According to Allwyn’s official announcement, the rebranding is in line […]