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UK & EuropeIGT Extends National Lottery Contract Amid Allwyn's Takeover: A Deep Dive into...

IGT Extends National Lottery Contract Amid Allwyn’s Takeover: A Deep Dive into the Transition

In a groundbreaking move, International Game Technology (IGT) has extended its contract with The National Lottery, defying the conventional as Allwyn prepares to take over on February 1, 2024. This transition marks the first time the UK National Lottery has changed hands from one operator to another, with Allwyn emerging as the Preferred Applicant in March 2022, beating out Camelot for the prestigious Fourth National Lottery Licence.

Background:
The process leading up to Allwyn’s takeover has not been without its share of legal complexities. After being named the Preferred Applicant, Allwyn faced legal challenges from Camelot, prompting legal responses that escalated to the High Courts. Simultaneously, IGT found itself in a legal tussle with the Gambling Commission, seeking damages for losses. Despite the legal battles, Allwyn ultimately acquired Camelot, and IGT decided to discontinue its appeal.

Contract Extension:
Amidst the changes and legal intricacies, IGT has chosen to extend its contract with The National Lottery, solidifying its role in supplying the core lottery system. Jay Gendron, IGT COO Global Lottery, expressed satisfaction, stating, “We are pleased to continue to support the operation of The National Lottery, working alongside a range of other suppliers and Allwyn.” This extension underscores IGT’s commitment to providing a seamless lottery system across various platforms.

Capabilities of IGT:
As a lottery system provider, IGT brings a comprehensive suite of capabilities to The National Lottery. Their expertise spans all devices, venues, and touchpoints, encompassing retail systems, instant tickets, and iLottery turnkey products. Additionally, IGT offers its integrated omnichannel lottery solution, Omnia, showcasing the company’s dedication to innovation and adaptability in the rapidly evolving lottery landscape.

Allwyn’s Takeover:
All eyes are on Allwyn as it prepares to take the reins of The National Lottery. The Gambling Commission has published the full details of the Fourth Licence, providing insights into the regulatory framework that will govern Allwyn’s operations. The transition from Camelot to Allwyn represents a significant shift in the dynamics of the UK National Lottery, and industry observers eagerly anticipate the impact of this change on the lottery landscape.

As the Fourth National Lottery Licence prepares to go live under Allwyn’s management, the extension of IGT’s contract underscores the stability and continuity sought during times of transition. The legal battles that marked the transition process have not dampened the enthusiasm for a new era in the UK National Lottery. With IGT’s continued support and Allwyn’s innovative approach, the lottery landscape is poised for evolution, promising exciting developments in the years to come.

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