UK – Gambling Commission postpones UK’s fourth National Lottery licence competition

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Following representations from applicants and Phase One experience, the Gambling Commission has extended the timeline for Phase Two of the Fourth National Lottery licence competition.

The revised timeline adds four weeks to the Phase Two application stage and another six weeks to the evaluation stage. These changes will allow applicants to fine-tune their proposals while also allowing the Commission to evaluate them.

The second postponement of the competition to win a 10-year licence to run the National Lottery means a potential £42 million windfall for current operator Camelot. He will be able to continue operating under its current licence for an additional six months.

“To facilitate these changes smoothly, we will extend the third National Lottery licence by six months,” said the Commission. The fourth National Lottery licence will go into effect in February 2024. We now plan to make the preferred applicant public in February 2022. All dates are indicative and subject to change based on market feedback and the ongoing impact of COVID-19.

 

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Nassima Azmzm

Nassima Azmzm

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