Allwyn Completes Acquisition of the Camelot Lottery Solutions Group from Ontario Teachers’ Pension Plan Board
LUCERNE, Switzerland – March 6, 2023 – Allwyn AG (“Allwyn” or the “Company”), Europe’s leading lottery operator, today announced the completion of Allwyn’s acquisition of the Camelot Lottery Solutions group of companies (the “Camelot LS Group”), previously owned by Ontario Teachers’ Pension Plan Board.
Effective at the closing of the transaction, the companies of the Camelot LS Group will become wholly owned subsidiaries of Allwyn. No changes are planned to the Camelot LS Group leadership team following the change in ownership, and the business will continue to enhance the performance of the lotteries it supports.
Allwyn is a leading multi-national lottery operator. Allwyn builds better lotteries that return more to good causes by focusing on innovation, technology, efficiency and safety across a growing casual gaming entertainment portfolio. The lottery-first approach of focusing on affordable recreational play has earned Allwyn leading market positions with trusted brands across Europe in Austria, the Czech Republic, Greece and Cyprus, UK and Italy. Following a successful tender process in 2022, a UK subsidiary of Allwyn was awarded the licence to operate The National Lottery under the Fourth Licence.
SOURCE: Allwyn.Tags: Allwyn, Camelot Lottery Solutions Group, Ontario Teachers' Pension Plan Board