Mar 15, 2022
Camelot to lose licence to run National Lottery
The Gambling Commission has announced Allwyn Entertainment Ltd as its preferred applicant for the lottery's next licence, which starts in 2024.It said it had received the highest number of applications to run the National lottery since the first licence was awarded in 1994.Camelot has been named as the "Reserve applicant" after four firms applied. The National Lottery is one of the world's largest lotteries and has raised more than £45bn for 660,000 causes across the UK.It has also played a part in funding training and facilities over the past three decades for Great Britain's Olympic and Paralympic athletes. Allwyn is a UK-based subsidiary of Europe's largest lottery operator Sazka, which is owned by Czech oil and gas tycoon Karel Komarek. In a statement, Allwyn said its proposal was "Judged to be the best way of growing returns to good causes by revitalising the National Lottery in a safe and sustainable way". "The appointment of Allwyn will breathe fresh life into the National Lottery," it added.
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