Court dismisses IGT’s national lottery license claims
When the UKGC published its decision to assign the national lottery’s operating license to Allwyn, two competitors, IGT and Camelot, submitted appeals for the decision. Later in the September of last year, the two firms withdrew the appeals, however, the former continued to pursue a claim for damages in court.
Recently, the UK’s High Court has made a decision on the matter, dismissing IGT’s claims, citing the company’s lack of legal standing to pursue its claim against the regulatory authority. This has brought the case to a close, however, IGT will still be able to appeal the High Court’s decision in the future.
The United Kingdom’s national lottery will soon go under the control of its fourth license holder, Allwyn, at the start of next year. The company has been preparing to take over the lottery’s operations for quite some time, with one of its most recent moves as part of its preparations being the appointment of Andria Vidler as the CEO of its UK division.
Last month, Allwyn published its latest financial performance analysis, which highlighted an 80% revenue bump for the firm in the year’s first quarter. Read more about the report here.