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New UK National Lottery Operator Has Reportedly Pledged to Double Lottery Cash for Good Causes

September 23, 2022 | Financial

Edinburgh, Scotland (September 22, 2022) — Following Camelot dropping legal action new UK National Lottery Operator has reportedly pledged to double lottery cash for ‘Good Causes’ over the next 10 years.

The operator will take over from Camelot in 2024 which has run the lottery since its launch in 1994.

Third Force News (TFN) reports Allwyn made the pledge after Camelot dropped a legal case that had prevented the Gambling Commission from transferring the licence between the two companies.

Last year, £1.8bn from National Lottery sales was given to the National Lottery Distribution Fund, and from there to the National Lottery Community Fund and other funders.

The firm, previously known as Sazka before it rebranded with an anglicised name during the bidding process, has pledged to double charitable donations to £38billion over the next decade and to slash ticket prices to £1.

Justin King, chairman of Allwyn, said: “We have exciting plans for this important and cherished institution, crucially raising even more proceeds for good causes across the country, improving the player experience through the latest technology and ensuring safe participation.

“Everyone at Allwyn is ready to meet the challenge of working under a shortened timeframe for transition.

“We look forward to working closely with Camelot’s team over the coming months to ensure the lottery is in its best ever shape when we take the reins in February 2024.”

SOURCE:  Third Force News (TFN).

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