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Evening Standard
Evening Standard
Holly Williams

National Lottery operator sees ‘inflection point’ after mammoth tech upgrade

National Lottery operator Allwyn has agreed a deal to merge with Greek firm OPAP to create a global listed gaming giant worth around 16 billion euros (£13.9 billion). (Alamy/PA) -

National Lottery operator Allwyn has revealed lower UK sales and earnings at the start of 2026 but said the completion of its recent tech upgrade marks an “inflection point” for the British business.

Allwyn – whose UK arm took over the 10-year licence to run the National Lottery from Camelot in 2024 – posted a 7% drop in UK gross gaming revenues (GGR) to 942 million euros (£814.2 million) for the first three months of the year, which saw UK underlying earnings more than halve to four million euros (£3.5 million) from nine million euros (£7.8 million) a year earlier.

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