BUSINESS

Lottery emigration to Canada approved

TAGs: Camelot, Ontario Teachers' Pension Plan, UK National Lottery

Only a mere week or so after they sold out to a soft-core pornographic newspaper of all places, the National Lottery has gone on holiday, for good. It’s not even one of those good holidays either: it’s with the school. The UK National Lottery Commission has approved the sale of operator Camelot to the Ontario Teachers’ Pension Plan (OTPP) in a deal worth an estimated £398m. Holders of teacher pensions really have hit the jackpot here, and with the a reported $96.4 billion in assets, why not hit the casino and put another £398m on black? Read more.

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