Camelot has been sold for £400 million to a Canadian pension fund called the Ontario Teachers’ Pension Plan. Speculation has been rife in recent weeks as to who would gain hold of the lottery operator. So much so, that we posted an article a few weeks ago, when rumours had it that Camelot was in talks with French Lottery group Francaise des Jeux. However this never seemed to flourish.
Camelot had been running the National Lottery since 1994 when it received its licence. While this is important news in the lottery world, it is also another British business which is now owned by a foreign entity. Who is next we wonder?
