Allwyn, the winning bidder for the US$100 billion UK National Lottery contract, had outstanding loans from Russian state-owned banks, which the UK Gambling Commission neglected to tell lawmakers about.
Allwyn informed the Gambling Commission that it planned to repay £545 million in loans from Sberbank and VTB, two banks controlled by the Kremlin.
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Allwyn was given the contract primarily because it promised to contribute more money to charitable causes than its predecessor.
Allwyn informed the Gambling Commission that it planned to repay £545 million in loans from Sberbank and VTB, two banks controlled by the Kremlin.
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Allwyn was given the contract primarily because it promised to contribute more money to charitable causes than its predecessor.
