Gary Cohn | Vice Chairman of IBM | Co-Chairman of Cohn Robbins Holding Corp.

Cohn Robbins Holding Corp. (NYSE: CRHC), which has entered into a merger agreement with Allwyn Entertainment, issued the following comment from its co-chairmen, Gary D. Cohn and Clifton S. Robbins, regarding the decision published yesterday by the United Kingdom’s Gambling Commission naming Allwyn’s UK business, Allwyn Entertainment Ltd., as the Preferred Applicant for the UK’s fourth National Lottery license, following a competitive process: “We congratulate our partners, led by Board Chairman Karel Komárek and CEO Robert Chvatal, along with the UK team led by Sir Keith Mills, on this tremendous accomplishment and milestone in Allwyn’s journey to become the global leader in managing lotteries. The UK National Lottery is one of the largest in the world and we are very pleased that Allwyn Entertainment Ltd.’s proposal was judged to be the best way of growing returns to good causes,” said Gary D. Cohn and Clifton S. Robbins, Co-Founders and Co-Chairmen of Cohn Robbins Holdings Corp.

Read the full release here.