News That Matters

Tag: Allwyn Entertainment

Entertainment

Allwyn Entertainment Announces Withdrawal by Camelot Entities of Legal Challenge to Allwyn’s Selection as Preferred Applicant for UK National Lottery License

LUCERNE, Switzerland , Sept. 6, 2022 /PRNewswire/ -- As previously announced, in March 2022 the UK Gambling Commission selected Allwyn Entertainment Ltd, a subsidiary of Allwyn Entertainment AG ("Allwyn"), as its preferred applicant for the fourth license to operate the UK National Lottery.  The award of the license has been contested in a legal challenge. On June 29, 2022, the court ruled to lift the automatic suspension preventing the UK Gambling Commission from entering into agreements with Allwyn Entertainment Ltd to commence the transition process.  That ruling was appealed by Camelot UK Lotteries Limited (the incumbent operator of the UK National Lottery) and Camelot Global Lottery Solutions Limited (together, the "Camelot Entities" and the "Camelot Appeal") and International Gam...