By SectorWire desk ·
The report said that Bally’s Intralot obtained a £261.7m debt facility. The financing comes ahead of a vote on its proposed evoke EVOK · GBp 42.00 2026-10-16 Data takeover.
The facility adds financing as the evoke acquisition proposal approaches a vote.
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Bally’s Intralot’s adjusted net debt exceeded €1.6bn and rose around €135m annually while it pursued the evoke acquisition.
GiG’s proposed 80% acquisition requires further approvals and definitive agreements, with founders retaining shares and management involvement.
For investors, the UK tax increase reduced Bally’s Intralot’s Q2 EBITDA by €34m amid slower-than-expected UK market consolidation.
The update shows lower earnings despite stable revenue before the planned takeover.
The company continues to pursue the proposed takeover while reporting flat revenue.
The tax increases affect Evoke’s trading ahead of the planned ownership change.