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Camelot wins UK lottery licence Camelot gets nod for UK lottery
(5 minutes later)
Camelot has won the latest licence to run the UK's National Lottery, seeing off competition from Indian company Sugal & Damani. Camelot has been chosen as the preferred bidder for the latest licence to run the UK's National Lottery.
The licence, the third in the lottery's history, will come into effect in February 2009 and last for 10 years.The licence, the third in the lottery's history, will come into effect in February 2009 and last for 10 years.
Camelot has run the National Lottery since its launch in 1994. Camelot has run the National Lottery since its launch in 1994 and said it expects to conclude talks with the National Lottery Commission this month.
As well as providing a broad range of games for people to play, lottery operators must also generate as much cash as possible for good causes. Camelot had been facing competition from Indian company Sugal & Damani, which wanted to take over operations.