Allwyn has completed its acquisition of US-facing business Camelot Lottery Solutions’ unit of companies from the Ontario Teachers’ Pension Plan Board. The acquisition means that the companies included within Camelot Lottery Solutions have become wholly-owned subsidiaries of Allwyn.
Allwyn said that there are no planned changes to Camelot Lottery Solution’s leadership team, and the business will continue as normal.
The acquisition was finalised in January. The financial terms of the deal were never disclosed.
Camelot Lottery Solutions is the operator of the Illinois Lottery, through a private management agreement conducted through its Camelot Illinois LLC company. When Allwyn first agreed to acquire Camelot Lottery Solutions, chief executive Robert Chvátal said that the deal signified the importance of the US market.