UK Gambling Commission all set to assess National Lottery license tenders

UK Gambling Commission all set to assess National Lottery license tenders

The UK Gambling Commission, an executive non-departmental public body of the British Government responsible for regulating gambling and supervising gaming laws in the country, has announced that it has received applications from four entities for next ten-year license to run the country’s National Lottery.

The four applications for the next ten-year license have been filed by current National Lottery operator Camelot UK Lotteries Limited, European lotteries behemoth Sazka Group, local publishing giant Northern & Shell and a conglomerate consisting of Britain’s telecommunication services provider BT Group and Italy’s gaming specialist Sisal SpA.

According to a statement by the regulator, the application stage of the process to select the next license holder has already been completed, and now further proceedings will take place. The regulator provided the details through an official press release.

The process of selecting the next operator National Lottery – the fifth largest lottery in the entire world—lottery was started roughly fourteen months ago. The next license holder will be eligible to operate National Lottery until February of 2034.

John Tanner, the Executive Director for the Gambling Commission, expressed hope that a final determination would likely be made by early next year, in advance of allowing the latest license holder to take over National Lottery operations from February 2024.

Speaking on the topic, Tanner added, “We are delighted by the final number of applications we have received, which is unprecedented since the start of the National Lottery. Our job is to run the best competition we possibly can; one that is open and fair and results in the best outcome for players and good causes.”

He further added that the commission was looking forward to appointing a licensee capable of maximizing the opportunities for innovation and creativity while also protecting the National lottery’s special status.

Camelot UK Lotteries, the current operator of National Lottery, is headquartered in Watford. Responsible for the state-run lottery ever since its birth 27 years ago, Camelot has raised more than £43 billion (US$59.2 billion) for thousands of good causes.

In spite of the disruption caused by the deadly Covid-19 pandemic, Camelot’s aggregated sales for a period of 12 months ending March 31, 2021, had increased by roughly 5 per cent from the corresponding period of the previous year to more than £8.3 billion (US$11.5 billion). Additionally, the operator’s National Lottery receipts surpassed £8 billion (US$11 billion) for the first time, which allowed it to award well over £1 billion (US$1.4 billion) in funding for various good causes across the country.