Camelot Group are the operators of the UK National Lottery. Camelot Group was awarded the National Lottery franchise in May 1994 (though the lottery did not start until November 1994) and was re-awarded the franchise in 2001 and again in 2007. The current franchise period started in 2009 and runs until 2019, with a possible extension of up to 5 years. The Government body The National Lottery Commission is responsible for deciding who is awarded the franchise. The way the franchise was awarded to Camelot in 2001 caused some controversy due to the state owned Royal Mail which had a 20% stake in the Camelot Group.
In March 2010 Ontario Teachers' Pension Plan announced that it was buying Camelot for £389m.
Read more about Camelot Group: Formation, 2000/2001 Franchise Controversy, 2009 License, Income
Famous quotes containing the words camelot and/or group:
“Ask every person if he’s heard the story,
And tell it strong and clear if he has not,
That once there was a fleeting wisp of glory
Called Camelot ...
Don’t let it be forgot
That once there was a spot
For one brief shining moment that was known
As Camelot.”
—Alan Jay Lerner (1918–1986)
“A little group of wilful men reflecting no opinion but their own have rendered the great Government of the United States helpless and contemptible.”
—Woodrow Wilson (1856–1924)