Royal Mail to sell its National Lottery shares

The Royal Mail has changed its decision to retain the 20% share in the UK National Lottery operator Camelot. After pressure from other Camelot shareholders the Royal Mail is to sell its National Lottery shares and take the £60-70 million which is thought to be on offer when the next round of bidding for Camelot takes place in January.

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National Lottery could be bought by overseas lottery operator

The company that operates the UK National Lottery is to auction 80% of the business next month as four of the National Lottery’s five shareholders have decided to cash in their shares. This leaves a great deal of uncertainty as to who will eventually own the National Lottery, with the possibility that the National Lottery could be bought by an overseas lottery operator.

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