Allwyn agrees acquisition of Camelot UK from Ontario Teachers’ Pension Plan Board

Allwyn AG has agreed to acquire Camelot UK from the Ontario Teachers’ Pension Plan Board. Upon completion of the acquisition, Camelot will become a wholly-owned subsidiary of Allwyn. The former is the current operator of the National Lottery under a licence that runs until 31 January 2024. Subject to regulatory approvals, including from the Gambling Commission, the acquisition is anticipated to close in the first quarter of 2023. “...