Camelot go to court over lottery loss

Angered at the Commission’s decision on Wednesday to enter exclusive talks with Richard Branson’s People’s Lottery despite having rejected both bids Camelot opted for legal redress.

Dianne Thompson, chief executive designate, said: ‘Camelot, with the full support of its shareholders has today decided to apply for permission for judicial review of the decision taken by our regulator, the National Lottery Commission, to negotiate solely with the People’s Lottery.’

‘Yesterday we asked the National Lottery Commission to re-consider its decision to exclude Camelot from negotiations for the new licence to operate the National Lottery. Regretfully, they declined to do so and therefore Camelot acting on behalf of its staff has decided to seek redress through the courts,’ Thompson said.

The lottery regulator concluded this week that neither bid for the next seven-year lottery licence, was secure enough, but that it would allow the People’s Lottery who are advised by Big Five firm KPMG one month to come up with a better offer.

‘Amidst the shock and disbelief of this week’s decision Camelot’s 800 staff strongly believe that the decision to deny Camelot an opportunity to negotiate alongside the People?s Lottery is totally unfair,’ said Thompson.

Branson is however optimistic that with his offer to underwrite the lottery with £50m, the People Lottery Consortium is one step closer to securing the licence.

National Lottery Commission

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