{"id":10,"date":"2024-06-10T08:41:41","date_gmt":"2024-06-10T05:41:41","guid":{"rendered":"https:\/\/nodepositbonuscasino.icu\/2024\/06\/10\/allwyn-to-acquire-camelot-uk-paving-the-way-for-smooth-uk-national-lottery-transition\/"},"modified":"2024-06-11T10:29:44","modified_gmt":"2024-06-11T07:29:44","slug":"allwyn-to-acquire-camelot-uk-paving-the-way-for-smooth-uk-national-lottery-transition","status":"publish","type":"post","link":"https:\/\/nodepositbonuscasino.icu\/2024\/06\/10\/allwyn-to-acquire-camelot-uk-paving-the-way-for-smooth-uk-national-lottery-transition\/","title":{"rendered":"Allwyn to Acquire Camelot UK, Paving the Way for Smooth UK National Lottery Transition"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/JENppocBk00\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Allwyn, an international lottery corporation, will soon purchase Camelot UK, the present administrator of the UK National Lottery, from the Ontario Teachers&#8217; Pension Plan Board. Through this acquisition, Camelot will become a fully owned subsidiary of Allwyn. <\/p>\n<p>The transaction is projected to conclude in early 2023, subject to regulatory clearances, including approval from the Gambling Commission. <\/p>\n<p>Robert Chvatal, Allwyn&#8217;s Chief Executive Officer, conveyed enthusiasm for the prospect, highlighting the joint dedication of both Allwyn and Camelot to the UK National Lottery and its beneficiary charities. He remarked that this purchase will guarantee a seamless handover and bolster Allwyn&#8217;s aspirations for the lottery&#8217;s future.<\/p>\n<p>It&#8217;s crucial to note that while Allwyn has secured the fourth license to manage the UK National Lottery commencing February 2024, Camelot will maintain its independent operations until that time, in accordance with the stipulations of the third license. <\/p>\n<p>Allwyn stresses that purchasing Camelot will guarantee a fluid handover when they assume control of the UK National Lottery.  They are already collaborating closely with Camelot and the Gambling Commission to make the shift to the fourth license term as effortless as possible.<\/p>\n<p>Nick Jansa, the head of EMEA investments for the Ontario Teachers&#8217; Pension Plan, commented on their enduring association, stating, &#8220;We&#8217;ve been delighted backers of the UK National Lottery for the last dozen years.  Camelot has performed admirably expanding the lottery and generating in excess of \u00a320 billion (approximately $23.7 billion) for worthy charities, which has significantly impacted communities throughout the UK.&#8221; <\/p>\n<p>He continued, &#8220;We are confident this sale constitutes the optimal way forward for the National Lottery as it enters its fourth license, and we wish Allwyn every success.  I also want to express my personal gratitude to the whole team at Camelot for their unwavering effort and commitment over the past ten years, especially achieving unprecedented returns for good causes this last year.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Allwyn, an international lottery corporation, will soon purchase Camelot UK, the present administrator of the UK National Lottery, from the Ontario Teachers&#8217; Pension Plan Board. Through this acquisition, Camelot will become a fully owned subsidiary of Allwyn. The transaction is projected to conclude in early 2023, subject to regulatory clearances, including approval from the Gambling [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK National Lottery: Allwyn Set to Acquire Camelot in 2023<\/title>\n<meta name=\"description\" content=\"Big changes are coming to the UK National Lottery! Allwyn is acquiring Camelot, the current operator. Find out what this means for you and the future of lottery games in the UK.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/10\/allwyn-to-acquire-camelot-uk-paving-the-way-for-smooth-uk-national-lottery-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allwyn to Acquire Camelot UK, Paving the Way for Smooth UK National Lottery Transition\" \/>\n<meta property=\"og:description\" content=\"Big changes are coming to the UK National Lottery! Allwyn is acquiring Camelot, the current operator. 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