Rhode Island Lottery has selected Bally’s as the second operator to launch regulated online sports betting in the state after International Game Technology (IGT).Two...
evoke and Bally’s extend acquisition deadline to June 8
evoke has confirmed that at the request of Bally’s Intralot, the discussions of a potential acquisition have been extended until June 8, 2026, following the expiration of the initial deadline of May 18, 2026.
It was first announced on April 20 that Bally’s Intralot was looking to acquire evoke at a 50 pence per share price, but now the company has until 5 pm June 8 to reveal if it plans to move forward with the takeover. Additionally, it’s possible that the discussions might be delayed once again if evoke agrees.
Evoke wrote in a statement:
“Constructive discussions are continuing between the parties in relation to the Proposal, which is expected to comprise an all-share combination with a partial cash alternative. Accordingly, Bally’s Intralot has requested, and the evoke Board has agreed to, an extension to the date by which Bally’s Intralot is required either to announce a firm intention to make an offer for the Company or to announce that it does not intend to make an offer. Such announcement must now be made by not later than 5.00 p.m. (London time) on 8 June 2026. This revised deadline can be extended with the consent of the Company.”
evoke began its strategic review of a partial or full sale in December 2025 as a result of the Remote Gaming Duty tax hikes in the UK, after which Bally’s Intralot expressed interest in the acquisition, with CEO Robeson Reeves sharing that they see potential in the company.
evoke has confirmed that it will shut down over 270 betting shops in the UK, noting that the company suffered £549.1 million in pre-tax losses in 2025 after the rise in...
