Allwyn hits the jackpot after taking over the National Lottery as revenue doubles

Allwyn hits the jackpot after taking over the National Lottery as revenue doubles

A Czech multinational lottery operator has doubled its revenue after acquiring Camelot.

Allwyn said sales reached £3.2 billion in the first half of the year – double the £1.6 billion for the same period in 2022.

In the three months to June revenue was £1.8 billion, up 115 per cent year-on-year.

Lucky numbers: Allwyn is part of the business empire of Czech billionaire Karel Komarek (pictured with his wife Stepanka Komarkova).

Lucky numbers: Allwyn is part of the business empire of Czech billionaire Karel Komarek (pictured with his wife Stepanka Komarkova).

Allwyn completed its acquisition of National Lottery operator Camelot UK in February after being granted a National Lottery license by regulators.

Allwyn, part of Czech billionaire Karel Komarek’s business empire, will run the lottery for the next decade from February 2024.

The group, which runs lotteries in Austria, Italy and Greece, has pledged to donate more than £30billion to charity over the period.

Camelot has donated £45 billion since the lottery was launched in 1994

Drew Weisholtz

Drew Weisholtz is a Worldtimetodays U.S. News Reporter based in Canada. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. Drew Weisholtz joined Worldtimetodays in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing: DrewWeisholtz@worldtimetodays.com.

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