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The Guardian - UK

National

Mark Sweney

Camelot to lose licence to run UK national lottery after 28 years

Camelot Allwyn United Kingdom Gambling Commission

National lottery sign outside a newsagent in north London — Camelot has raised £45bn for good causes since it began running the national lottery in 1994. Photograph: Yui Mok/PA

Camelot is to lose its licence to run the UK national lottery after 28 years as the Gambling Commission named rival Allwyn as its preferred applicant to take over.

Allwyn, Europe’s largest lottery operator, is expected to take over from Camelot in 2024. It is owned by Karel Komarek the Czech billionaire, who made his fortune in sectors including oil and gas and has a joint venture with Russia’s state controlled gas company Gazprom.

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