Camelot Group: Background
Camelot Group was founded in 1998 and it is the sole operator of the UK National Lottery. The Camelot Group claims to donate an average of around £30 million to Good Causes every week from their lottery profits. In 2017 and 2018, profits were driven by different innovations, including record digital sales of £1.9 billion which was driven by continued innovation in Camelot Group's digital presence, mainly when it comes to National Lottery mobile apps.
HISTORY & PRIMARY OWNERSHIP
- The company was founded in 1998. The Camelot Group is the operator of the UK National Lottery.
- The Group started as a consortium made up of International Computers Limited (ICL), Racal, Cadbury Schweppes, De La Rue and GTECH Corporation.
- The Group's current franchise period started in 2009 and runs until 2019. The Group faces a possible extension of up to five years.
- Ontario Teachers' Pension Plan bought Camelot for £389 million in 2010. The company's full ownership is with Ontario Teachers’ Pension Plan from Canada.
- In October 2013, Premier Lotteries Ireland, "a consortium gathering the Camelot Group with An Post, won the license to run Ireland's lottery for 26 years."
- In January 2018, the Camelot group announced it is the newly appointed operator of the Illinois State Lottery in the United States. The state of Illinois is the first in America to privatize its lottery system.
- The Camelot Group claims to donate an average of around £30 million to Good Causes every week from their lottery profits.
- Rt Hon Sir Hugh Robertson is the first independent chair of Camelot UK Lotteries Limited as of June 2018.
- Rober Walker is the deputy chairman and senior independent director.
- Nigel Railton is the CEO of Camelot UK.
- Jo Taylor and Jane Rowe are the shareholder-nominated non-executive directors.
- Jenelle Tilling, Rob Rowley, and Gill Whitehead are the independent non-executive directors.
INNOVATION/DRIVERS TO BUSINESS PERFORMANCE
- In 2014, Camelot Group launched their biggest platform, which enables players to play instant win games on their phones. Players are also able to use Barclays Pingit as a fast way to pay and play on their smartphone.
- In 2015, Camelot reported outstanding performance driven by "strong sales of its resurgent flagship Lotto game, which, following its successful re-launch in October 2013 after a decade of decline, has now enjoyed two years of consecutive growth."
- Additionally, Camelot also succeeded grew its revenue by launching more than 70 innovative new Scratchcards and online instant win games, "higher prize payouts and the completion of the company’s roll-out of around 10,000 standalone terminals to satisfy untapped demand for National Lottery Scratchcards."
- In 2017 and 2018, profits were driven by different innovations which include record digital sales of £1.9 billion. This was driven by continued innovation in Camelot Group's digital presence, mainly based on National Lottery mobile apps.