The UKGC announced yesterday it was formerly awarding the fourth National Lottery license to Allywn Entertainment UK.
Dropped Legal Appeal
Camelot who has operated the National Lottery since its inception in 1994, dropped its legal appeal against Allwyn’s takeover and handed over the reins, marking the first change-over of the operator in nearly 30 years.Back in July Camelot was granted a high court appeal against the takeover, which immediately suspended Allwyn from being awarded the license. However, Camelot along with IGT withdrew its appeal and the suspension was lifted allowing the UKGC to formerly award Allwyn the fourth National Lottery Licence, to begin in February 2024.The UKGC said, “Our priority is to ensure a seamless and timely transition to the next license, for the benefit of participants and good causes.“We have begun meetings between the Commission, Allwyn, and Camelot as the outgoing licensee, who we are confident will honour their obligations as the current licensee to cooperate in that transition.”
Big Plans for the National Lottery
Allwyn said, “Under Allwyn’s stewardship, sales growth is expected to result in the money allocated to good causes more than doubling. The National Lottery of the future will build on a cutting-edge technology platform that will improve player protection over the next ten years and beyond.”Allwyn will introduce key changes regarding the fourth license including ensuring the licensee delivers more in terms of good causes and more responsibilities to fulfill obligations and have the flexibility to adapt its products to reflect changes in technology, regulation, and consumer change.The fourth license will commence in February 2024 for a fixed ten-year period.