In an unexpected turn of events, the owner of William Hill and 888, evoke, has announced the group is considering selling or breaking up after UK gambling tax regulations hit...
evoke confirms £225M takeover talks with Bally’s Intralot
evoke, the owner of William Hill and 888, confirmed on April 20, 2026, that it is discussing a £225 million takeover proposal from Bally’s Intralot.
It’s been revealed that the proposal is valued at 50 pence per share and is expected to be an all-share combination with a partial cash alternative.
At the moment, evoke’s board is assessing the offer with Morgan Stanley and Rothschild & Co., the company’s financial advisers. Meanwhile, Intralot stated that it will make a clear announcement about the company sending a final offer no later than May 18, 2026.
If an offer is made, it will be subject to customary conditions and approvals, with Intralot having the right to change the terms of the offer, such as the price, form, and mix of consideration, and the structure of the transaction.
evoke wrote in a statement:
“evoke notes the recent media speculation and confirms that it is in discussions with Bally’s Intralot S.A. (“Bally’s Intralot”) regarding a possible offer for the entire issued and to be issued share capital of the Company at a price of 50 pence per share (the “Proposal”). The Proposal is expected to comprise an all-share combination with a partial cash alternative.”
The company also added that the announcement was made with the consent of Bally’s Intralot Board, and Fredrik Ekdahl was responsible for arranging the release of the news.
Intralot announced it is back on track to reach its full-year financial goals despite revenue and net losses for nine months up to September 2025, with €242.5 million in...
