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The Guardian - UK
The Guardian - UK
Business
Alex Lawson

Russia-linked firm could gain stake in company behind UK’s national lottery

PPF Allwyn Russia United Kingdom Camelot Entertainment Karel Komárek Allwyn UK Gazprom NYSE
National lottery sign
Allwyn won the 10-year licence to run the national lottery in March and will take over the running of it in February 2024. Photograph: Andrew Milligan/PA

A Czech investment firm with significant interests in Russia could end up owning a 5% stake in the company behind the UK’s national lottery, it has emerged.

PPF is poised to acquire shares in Allwyn Entertainment AG via the listing of an investment vehicle in New York in September. Allwyn’s UK subsidiary won the licence to operate the lottery from Camelot this year.

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