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Lottery
May 11, 2022
UKGC’s Haste to Crown Allwyn as National Lottery Operator May Hurt Good Causes
The fight for Britain’s National Lottery license continues as competitors persistently dispute Allwyn’s victory. The UKGC plans to ask the court to speed up the process but some fear this will have negative consequences. The UKGC Wants to Waste no More Time Allwyn, formerly Sazka, is a Czech company that dethroned Camelot as the operator […]
Legal
April 20, 2022
Camelot Denied Fast-Track Trial against UK Gambling Commission
The operator of UK National Lottery Camelot suffered a legal setback Tuesday after a London judge ruled against its request to fast-track legal proceedings against the Gambling Commission. No Expediting of Legal Proceedings Judge David Waksman of the High Court of Justice of England and Wales stated that to “jump the gun” and expedite proceedings […]
Industry
April 13, 2022
Allwyn’s NYSE Presentation Raised Concerns of Links to Russia
An investor presentation for Allwyn Entertainment, the winner of the contract to run the UK National Lottery from 2024, is raising concerns that the business may be impacted by the sanctions imposed on Russia, reported PA Media. Reflection on Current Global Climate Allwyn is about to go public on the New York Stock Exchange via […]
Industry
March 15, 2022
Camelot Loses National Lottery License; UKGC Selects Allwyn Entertainment
Camelot is set to lose its license to operate UK’s National Lottery after 28 years on the job. Today, the UK Gambling Commission stated that Allwyn Entertainment is the preferred applicant to win the license and operate the lottery. UKGC’s decision is set to be confirmed this year and the transfer is set to be […]
Industry
February 7, 2022
Allwyn to Appoint Justin King as Chairman if It Wins National Lottery Race
Europe’s leading lottery operator, Allwyn, plans to strengthen its British team by hiring a new chairman of its United Kingdom lottery operations. The company will proceed with this move if it has been successfully selected as the next National Lottery operator. Allwyn Sets Its Sights on King If Allwyn gets picked as the next British […]
Business
January 24, 2022
Allwyn Ready to Complete SPAC Merger, Will Go Live on the NYSE
Blank cheque firm Cohn Robbins will soon acquire Allwyn Entertainment in a transaction that values the European lottery operator and gaming operator at $9.30 billion. This is a deal that allows investors of the Cohn Robbins SPAC (special purpose acquisition company) to purchase shares at a discount valuation. It will also lead to Allwyn being […]
Industry
December 22, 2021
Allwyn in Merger Talks with SPAC Cohn Robbins Holdings Corp
European lottery operator Allwyn and Cohn Robbins Holdings Corp. are in talks for a potential merger, a Bloomberg report based on unnamed sources claims. Another SPAC-Rumored Deal Allwyn, which also operates digital gaming and sports betting businesses, held talks with a special purpose acquisition company (SPAC) led by former Goldman Sachs executives Gary Cohn and […]
Business
December 8, 2021
Sazka Changes Name to Allwyn to Better Reflect Its International Expansion
The Czech national lottery games, instant lotteries, and online lotteries provider Sazka Entertainment has changed its name to Allwyn. The rebranding will take immediate effect, affecting the company’s logo and advertisement materials across the board. Sazka Rebrands to Allwyn The rebranding was suggested back in April when Sazka Entertainment created Allwyn as a subsidiary in […]