{"id":34,"date":"2024-06-11T11:24:27","date_gmt":"2024-06-11T08:24:27","guid":{"rendered":"https:\/\/nodepositbonuscasino.icu\/2024\/06\/11\/allwyn-in-talks-to-acquire-uk-national-lottery-operator-camelot\/"},"modified":"2024-06-12T10:33:01","modified_gmt":"2024-06-12T07:33:01","slug":"allwyn-in-talks-to-acquire-uk-national-lottery-operator-camelot","status":"publish","type":"post","link":"https:\/\/nodepositbonuscasino.icu\/2024\/06\/11\/allwyn-in-talks-to-acquire-uk-national-lottery-operator-camelot\/","title":{"rendered":"Allwyn in Talks to Acquire UK National Lottery Operator Camelot"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/1y6MI8LZz1I\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The prominent Austrian lottery entity, Allwyn, has verified its engagement in substantial negotiations to procure its UK counterpart, Camelot.<\/p>\n<p>Camelot, presently under the ownership of the Ontario Teachers&#8217; Retirement Fund, is contemplating the divestiture of its UK business to Allwyn. This development follows Allwyn&#8217;s successful outbidding of Camelot earlier this year for the UK&#8217;s fourth National Lottery concession. The transition encountered a hurdle due to legal objections from the departing operator, with Camelot initially expressing reservations about Allwyn&#8217;s eligibility. Nevertheless, they withdrew their appeal in September.<\/p>\n<p>Although the situation appeared resolved, recent pronouncements from both Allwyn and the Ontario Teachers&#8217; Retirement Fund regarding their entry into preliminary discussions have introduced a new element. Sky News indicates that a transaction valued at \u00a3100 million (equivalent to $115.4 million) is under consideration, which would result in Allwyn assuming control of the UK National Lottery earlier than projected.<\/p>\n<p>Presently, their assumption of the license is slated for February 2024.  Despite Allwyn&#8217;s confirmation of the acquisition discussions with Camelot UK, they have not divulged a precise sum.<\/p>\n<p>Indeed, they have remained relatively tight-lipped. They did, however, assert: &#8220;Our mutual aim is to attain an accord that serves the paramount interests of the National Lottery, its participants, and the charitable endeavors it sustains.&#8221; <\/p>\n<p>The media outlet, Sky News, reported that Camelot might withdraw its legal action if the purchase proceeds.<\/p>\n<p>While Camelot ceased its opposition to Allwyn&#8217;s permit being granted in September, the organization is pursuing legal action against the Gambling Commission regarding a different matter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The prominent Austrian lottery entity, Allwyn, has verified its engagement in substantial negotiations to procure its UK counterpart, Camelot. Camelot, presently under the ownership of the Ontario Teachers&#8217; Retirement Fund, is contemplating the divestiture of its UK business to Allwyn. This development follows Allwyn&#8217;s successful outbidding of Camelot earlier this year for the UK&#8217;s fourth [&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>Allwyn &amp; Camelot: A UK Lottery Powerhouse In the Making?<\/title>\n<meta name=\"description\" content=\"Is a major lottery merger on the horizon? Allwyn, the Austrian lottery giant, is in talks to acquire UK counterpart Camelot. Find out what this could mean for UK players!\" \/>\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\/11\/allwyn-in-talks-to-acquire-uk-national-lottery-operator-camelot\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allwyn in Talks to Acquire UK National Lottery Operator Camelot\" \/>\n<meta property=\"og:description\" content=\"Is a major lottery merger on the horizon? Allwyn, the Austrian lottery giant, is in talks to acquire UK counterpart Camelot. Find out what this could mean for UK players!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/11\/allwyn-in-talks-to-acquire-uk-national-lottery-operator-camelot\/\" \/>\n<meta property=\"og:site_name\" content=\"Where Casino Dreams Come True | Licensed Online Gaming Platform\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T08:24:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T07:33:01+00:00\" \/>\n<meta name=\"author\" content=\"Charlotte &quot;Cinder&quot; Baker\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Charlotte &quot;Cinder&quot; Baker\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/11\/allwyn-in-talks-to-acquire-uk-national-lottery-operator-camelot\/\",\"url\":\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/11\/allwyn-in-talks-to-acquire-uk-national-lottery-operator-camelot\/\",\"name\":\"Allwyn & Camelot: A UK Lottery Powerhouse In the Making?\",\"isPartOf\":{\"@id\":\"https:\/\/nodepositbonuscasino.icu\/#website\"},\"datePublished\":\"2024-06-11T08:24:27+00:00\",\"dateModified\":\"2024-06-12T07:33:01+00:00\",\"author\":{\"@id\":\"https:\/\/nodepositbonuscasino.icu\/#\/schema\/person\/66aa90d05192dc15f7d475d86e9dc496\"},\"description\":\"Is a major lottery merger on the horizon? 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