Bally’s Intralot advances Evoke takeover amid liquidity warnings

Bally’s Intralot Evoke takeover gaming industry tax Bally’s Corporation liquidity Deutsche Bank share purchase

Bally’s Intralot is advancing its acquisition of Evoke plc following an overwhelming shareholder vote. In a regulatory filing, Evoke reported that 99.63% of shares at its General Meeting and 99.91% at its Court Meeting approved the all-share takeover. The deal, structured as a court-approved scheme of arrangement under Gibraltar law, now awaits final regulatory and antitrust approvals.

Financially, Bally’s Intralot reported H1 2026 revenues of €544.2 million and an Adjusted EBITDA of €184.8 million. The results were bolstered by the consolidation of Bally’s International Interactive, which added €377.6 million to revenues. However, the company noted that a UK online gaming tax increase from 21% to 40% reduced Q2 AEBITDA by approximately €34 million.

Separately, parent company Bally’s Corporation has issued a warning to investors, expressing substantial doubt regarding its ability to continue as a going concern. The company indicated it may struggle to meet liquidity requirements or net leverage ratio terms within the next 12 months without securing new financing. Meanwhile, Deutsche Bank AG has increased its stake in Bally’s Intralot to over 0.5% after purchasing 955,000 shares.

Entities

Bally’s Corporation · Bally’s International Interactive · Bally’s Intralot · Deutsche Bank AG · Evoke plc · Gibraltar · SEC

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] Bally’s Corporation reported Q2 2026 revenues of $792.2 million, a 20.5% increase year-over-year. banks.com.gr
[○ 1 SOURCE] Bally’s Corporation reported a net loss of $164 million for Q2 2026. banks.com.gr
[● 2 SOURCES] Bally’s Intralot reported H1 2026 Adjusted EBITDA of €184.8 million. www.capital.gr
[● 3 SOURCES] The UK online gaming tax increase from 21% to 40% impacted Bally’s Intralot’s Q2 EBITDA by approximately €34 million. www.capital.gr · www.reporter.gr
[○ 1 SOURCE] Bally’s Corporation may not meet liquidity requirements or net leverage ratio terms within the next 12 months without completed financing. banks.com.gr
[● 3 SOURCES] Bally’s Intralot reported H1 2026 revenues of €544.2 million. www.capital.gr · www.reporter.gr
[○ 1 SOURCE] Bally’s Intralot secured €306 million in new funding to support strategic plans and acquisitions.
[○ 1 SOURCE] Bally’s Corporation has expressed substantial doubt regarding its ability to continue as a going concern. banks.com.gr
[● 4 SOURCES] Bally’s Intralot reported an Adjusted EBITDA of €184.8 million for the first half of 2026. www.capital.gr · www.mononews.gr · www.reporter.gr
[○ 1 SOURCE] The group secured €306 million in new funding to support strategic plans and acquisitions.
[● 2 SOURCES] UK online gaming tax increases from 21% to 40% impacted Q2 AEBITDA by approximately €34 million. www.capital.gr
[○ 1 SOURCE] Bally’s Corporation expressed substantial doubt regarding its ability to continue as a going concern. banks.com.gr