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National Lottery up for sale

Written by Lotto Hideout Editor   
Wednesday, 28 October 2009 10:41

It’s all change for the National Lottery. Despite a brief spell of celebration for the 15 year anniversary of the game, it’s now back to business and things look set to change.

The National Lottery is a private company operated by Camelot. It is owned by five equal shareholders but four of those five are putting their portion of the company up for sale.

The Royal Mail wants to keep their shares in the National Lottery. But the shareholders who have put their portion of the National Lottery up for sale are; Cadbury, Fujitsu, Thales and De La Rue. They all say that the lottery is no longer core to their businesses.

Rumours are now circulating as to who will buy these shares and Richard Branson is one of the hot favourites to take one place. There are also rumours that Cinven and Genral Atlantic could also be interested in the shares opportunity.

Despite all this change behind the scenes, it is unlikely that the average lottery player will notice any difference when they are playing the game. Money may be changing hands but the show goes on and hopefully millionaires will continue to be made no matter who takes the place of the four shareholders.