National Lottery operator Camelot is set to be stripped of its licence to operate the game after 30 years after the Gambling Commission announcing plans to transfer it to a rival.
A fiercely contested bidding process has been under way between four parties to hold the licence, which Camelot has operated since 1994.
But officials said Czech group Allwyn - formerly known as SAZKA Group before its rebranded - is now the preferred applicant to take over the venture in 2024.