National Lottery operator Allwyn has revealed falling sales and earnings in the UK as it was held back by unfavourable EuroMillions jackpots and a lack of new products ahead of the licence handover.
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00:00 Hello, my name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.
00:06 Here are your headlines for this morning.
00:08 The national lottery operator Allwin has revealed falling sales and earnings in the UK as it
00:14 was held back by unfavourable EUR/MJ jackpots and a lack of new products ahead of the licence
00:20 handover.
00:21 Allwin said sales in the UK fell by 4% to €3.9 billion in 2023, while underlying earnings
00:29 were 5% lower at €181.4 million.
00:34 The group which bought the previous national lottery operator Camlott in February last
00:37 year blamed unusually unfavourable EUR/MJ jackpot cycles.
00:44 It said there were only 14 draws for EUR/MJ with a jackpot above €100 million, compared
00:49 with 33 such draws in 2022.
00:52 So an update there from national lottery operator Allwin.
00:57 My name's Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.