IGT Signs Contract Extension with UK National Lottery Ahead of Allwyn Takeover
International Game Technology (IGT) has scored a contract extension with the UK National Lottery ahead of Allwyn taking control next month. The deal ensures that IGT will continue to supply the core lottery system for the National Lottery.
Allwyn is set to take over the lottery on 1 February, replacing Camelot, which has been the operator since the lottery’s inception in 1994. IGT’s contract extension is part of Allwyn’s transformation program for the lottery.
“We are pleased to continue to support the operation of the National Lottery, working alongside a range of other suppliers and Allwyn,” said Jay Gendron, chief operations officer for global lottery at IGT.
This extension comes after IGT withdrew its legal challenge over the decision to award Allwyn the lottery licence. IGT was pursuing a claim for damages against Britain’s Gambling Commission, but the challenge was dealt a blow in July 2023 when the Court of Appeal ruled that IGT did not have legal standing for the claim. IGT then appealed this ruling in September, but ultimately asked the Court to dismiss the appeal and will no longer pursue the damages claim.
Camelot, the current operator of the National Lottery, also sought a legal challenge over the decision to award the licence to a rival business but dropped its bid in September 2022. Allwyn and Camelot have agreed to waive all claims for costs or damages against each other.
Friction between Camelot and Allwyn has decreased over the past year following several acquisition deals. Allwyn acquired Camelot UK, the current operator of the National Lottery, in February 2023, as well as US-facing Camelot Lottery Solutions (rebranded as Allwyn North America). These acquisitions have already had a significant impact on Allwyn’s financial results, with consolidated total revenue up 98% in Q3 driven by the double Camelot acquisition.