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Industry
January 12, 2023
Robert Chvátal Steps In as Allwyn UK CEO
The multi-national lottery operator has been extremely busy in the past several months, balancing its latest high-profile acquisition with its upcoming UK responsibilities. Chvátal will focus the company’s efforts on the island nation, hopefully allowing Allwyn UK to complete its 2023 goals on time and without any significant setbacks. The UK Remains Allwyn’s Current Priority […]
Lottery
January 9, 2023
UK’s Lottery-Next Operator Allwyn Appoints Kerry Parkin
Global lottery group Allwyn continued with its preparations to assume management of the UK National Lottery by expanding its senior team with the appointment of Kerry Parkin as Global Communications Director. Becoming Part of Allwyn’s Extraordinary Story Parkin announced her new role via LinkedIn, excited to join Allwyn and its team during times of global […]
Industry
December 22, 2022
Allwyn Enters the US Market via Camelot LS Group Acquisition
Allwyn, the winner of the Fourth UK National Lottery bid, and the owner of the current UK National Lottery operator, Ontario Teachers’ Pension Plan, announced an agreement for the acquisition of Camelot Lottery Solutions group of companies for an undisclosed fee. Expanding Operations into the US The acquisition of Chicago-based Camelot LS Group allows Allwyn […]
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 […]
