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5 clusters · 16 sources · 47 days · First seen about 2 months ago · Last updated 12 days ago

Bally's Intralot expansion and Evoke takeover progress

Overview

In mid‑July 2026, Bally’s Intralot announced a seven‑year extension of its partnership with Premier Lotteries Ireland to modernise the Irish National Lottery’s platform. Shortly after, the company secured a €306 million loan to fund the proposed acquisition of UK‑listed gambling operator Evoke plc, refinance debt, and support other investments. By August 17, 2026, the acquisition of Evoke plc advanced following an overwhelming shareholder vote, with approval rates of 99.63% at the General Meeting and 99.91% at the Court Meeting. The deal, structured as a court-approved scheme of arrangement under Gibraltar law, awaits final regulatory and antitrust clearances. Financially, Bally’s Intralot reported H1 2026 revenues of €544.2 million and an Adjusted EBITDA of €184.8 million, representing a 34.0% margin. Performance was influenced by market seasonality in Turkey and jackpot timing in the United States. Key drivers included the consolidation of Bally’s International Interactive (BII), which contributed €377.6 million in revenue and €132.8 million in adjusted EBITDA. While iGaming and sports betting accounted for 74.9% of total revenue, B2B revenues fell by 9.7% due to lower U.S. lottery and equipment sales. In the United Kingdom, revenue growth reached record levels, increasing 11.6% on a constant currency basis. This growth helped offset approximately 65% of a tax increase for online gaming, which rose from 21% to 40% and impacted Q2 AEBITDA by roughly €34 million. Concurrently, parent company Bally’s Corporation issued a warning expressing “substantial doubt” regarding its ability to continue as a going concern, noting potential struggles to meet liquidity or leverage requirements within 12 months without new financing. Deutsche Bank AG has continued to increase its position in Bally’s Intralot, acquiring an additional 1,067,000 shares between August 24 and August 28, 2026, bringing its total holding to 11,506,394 shares (0.616%).

Entities

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

Claims

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

[● 4 SOURCES] Bally’s Intralot reported an Adjusted EBITDA of €184.8 million for the first half of 2026.
[● 3 SOURCES] Bally’s Intralot reported H1 2026 revenues of €544.2 million.
[● 3 SOURCES] The UK online gaming tax increase from 21% to 40% impacted Bally’s Intralot’s Q2 EBITDA by approximately €34 million.
[● 3 SOURCES] The consolidation of Bally’s International Interactive added €377.6 million to revenues and €132.8 million to AEBITDA.
[● 3 SOURCES] Evoke plc shareholders overwhelmingly approved the all-share takeover by Bally’s Intralot, with 99.63% voting in favor at the General Meeting.
[○ 1 SOURCE] Bally’s Corporation has expressed substantial doubt regarding its ability to continue as a going concern.
[○ 1 SOURCE] Bally’s Corporation may not meet liquidity requirements or net leverage ratio terms within the next 12 months without completed financing.
[○ 1 SOURCE] Bally’s Corporation reported Q2 2026 revenues of $792.2 million, a 20.5% increase year-over-year.
[○ 1 SOURCE] Bally’s Intralot secured €306 million in new funding to support strategic plans and acquisitions.

Timeline

12 days ago

[BUSINESS] 9 sources
Bally’s Intralot reports €544.2 million in H1 2026 revenue
Bally’s Intralot reported H1 2026 revenues of €544.2 million and adjusted EBITDA of €184.8 million, driven by strong UK online gaming growth despite increased taxation.
21 days ago

[BUSINESS] 2 sources
Bally’s Intralot to pay €3.92 million in bond interest
Bally’s Intralot will pay €3.92 million in bond interest on August 27, 2026, to holders of its 130,000 bonds traded on Euronext Athens.
26 days ago

[BUSINESS] 9 sources
Bally’s Intralot advances Evoke takeover amid liquidity warnings
Bally’s Intralot shareholders have overwhelmingly approved the takeover of Evoke plc. Meanwhile, parent Bally’s Corporation warns of liquidity risks, and the group reports H1 2026 revenues of €544.2 million.
about 2 months ago

[BUSINESS] 2 sources
Bally’s Intralot Secures €306 million Loan Ahead of Evoke Acquisition
Bally’s Intralot secured a €306 million loan to fund its £243 million takeover of UK‑listed Evoke, pending 75% shareholder approval at the Aug 17 meeting.
about 2 months ago

[BUSINESS] 3 sources
Bally’s Intralot extends Irish lottery contract and sees Deutsche Bank acquire shares
Bally’s Intralot extended its Irish lottery partnership to 2034 with new tech upgrades, while Deutsche Bank bought €2.18 million worth of its shares, raising its stake to 0.258 %.

Sources

banks.com.gr · businessdaily.gr · capital.gr · gamblingnews.com · insider.gr · lawforall.co.za · mononews.gr · nabu-bw.de · newmoney.gr · ot.gr · powergame.gr · protothema.gr · Reporter.gr · reporter.gr · sofokleousin.gr · sportdate.org

This summary has been updated 4 times: see revision history