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Ontario Teachers' Pension Plan Buys British Lottery
3/24/10 - After months of uncertainty, the ownership of Britain's national lottery operator, Camelot, has been settled in a GBP 389 million deal with the Ontario Teachers' Pension Plan.
The agreement will now go before the National Lottery Commission for final approval.
Lee Sienna, vice president of the Canadian fund said this week: "Camelot is a world-class lottery business with substantial opportunities to grow both domestically and internationally."
Camelot has been running the National Lottery since it began in 1994. In 2009 it was awarded a third licence which is set to run for a further decade. The Lottery has raised more than GBP 24 billion for heritage and educational schemes over the last 16 years, and Camelot chief executive Dianne Thompson said she hoped even more funding could be secured in the future.
"We welcome Teachers' commitment to the National Lottery's ongoing success," she said, adding that Camelot was looking forward "...to the opportunity of working with them to continue our progress in developing the business and delivering even more money for good causes".
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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