evoke has confirmed the appointment of Janice Duncan as its new Group Finance Director, with Duncan joining the company from online casino brand Casumo.Duncan’s most...
evoke signs £243M takeover deal with Bally’s Intralot
On June 5, Bally’s Intralot agreed to a £243 million takeover deal of an all-share acquisition of William Hill and 888 owner evoke.
Initially, evoke and Bally’s had extended the acquisition deadline to June 8, as evoke was considering a sale since its strategic review in December 2025. Now, the takeover will move forward at a 52 pence per share value, including 888 Holdings’ 450.4 million shares, 1.3 million in employee trusts, and an additional 18.5 million that might be issued.
Bally’s Corporation Chair Soo Kim commented:
“We are excited about the opportunity to bring Intralot and evoke together to create a leading, diversified European gaming champion with greater scale, resilience and operational capability.”
Chair of evoke, Mark Summerfield, added:
“Having considered a range of options, I am delighted to announce the acquisition by Intralot and believe the agreed terms represent the most attractive and deliverable outcome for evoke shareholders. The combination will create one of the world’s leading online betting and gaming groups with superior scale, exceptional brands, increased diversification, and a platform for strong growth through enhanced capabilities.”
The offer is a 77% premium compared to evoke’s share price before the acquisition talks; moreover, the company’s shares increased by 14% in London trading as of June 5. It’s expected that the acquisition will be completed between Q4 2026 and Q1 2027.
Bally’s has shared its Q1 2026 results, reporting $755.7 million in quarterly revenue, a 28.3% year-on-year growth, as a result of strong performance in Bally’s International...
