Allwyn in “advanced discussions” to purchase Camelot’s UK operations

Allwyn Entertainment is in advance talks to acquire lottery rival Camelot UK, the company has confirmed. The Ontario Teachers’ Pension Plan (OTTP), which owns Camelot, is considering a sale of the operator’s British operations to Allwyn. In March, the latter firm was awarded the fourth National Lottery licence, beating the incumbent Camelot. However, the handover was marred by a legal challenge instigated by the outgoing operator. ...