The group's ultimate parent was the Ontario Teachers' Pension Plan, a Canadian investment fund until 2023 when Allwyn AG purchased Camelot.

The major partners were International Computers Limited (ICL), supplying hardware, software, and systems integration expertise; Racal with responsibility for the communications network; and Cadbury Schweppes bringing experience in consumer marketing and knowledge of the world of corner-shop retailers.

[5] Senior executives such as Tim Holley were enticed to join the project by the promise of large bonuses if the bid was successful.

This caused embarrassment later when the incoming Labour government, in particular Chris Smith, the Culture Secretary, publicly criticised Camelot and its executives for excessively lavish salaries and bonus payments.

[7] It won the bid against Sir Richard Branson who proposed to create a not-for-profit structure, an idea that didn't seduce the Gambling Commission.

[13] Analysts noted that in the subsequent two-year period, funds raised for good causes by the National Lottery fell by £100 million.

[14] In November 2017, Nigel Railton was named CEO of the Camelot group in amidst falling lottery ticket sales.

[20] A franchise renewal competition was started in 2019 and Camelot group faced multiple competing bids to maintain the contract, including one from Northern & Shell (operator of The Health Lottery).

[22][23] In November 2022, it was announced Allwyn Entertainment Ltd. had acquired Camelot UK Lotteries Limited from the Ontario Teachers’ Pension Plan.

During the 2000 franchise bidding process, a technical problem with lottery terminals supplied by American company GTECH Corporation came to light.

[34] In 2009 Giles Knibbs, a Camelot employee, conspired with a member of the public, Edward Putman, to claim a jackpot prize using a bogus ticket.

Knibbs, who worked in Camelot's fraud department, found a way to forge lottery tickets bearing unclaimed winning numbers.

[39] In March 2022, the gambling commission announced a £3.15 million fine onto Camelot UK limited due to multiple failures on its mobile app.