The Greek company Intralot has announced its intention to acquire Bally’s interactive division for €2.7 billion. This deal will significantly strengthen Intralot’s position in the online gaming market in the UK and expand its range of technological solutions by integrating Bally’s digital and casino platforms into its portfolio.
This is reported by Finway
Deal Structure and Key Terms
The completion of the deal is expected in the fourth quarter of 2025. The transaction is valued at €1.53 billion in cash and an additional €1.14 billion in the form of new Intralot shares to be received by Bally’s shareholders. This will allow Bally’s to become the majority shareholder of the combined entity.
Impact on Shareholders and the Market
According to the agreements, Intralot’s founder Socrates Kokkalis will retain a significant stake in the company, ensuring management stability after the deal is finalized. The announcement of the upcoming merger positively impacted Bally’s stock price, which surged nearly 20% to reach $11.49 per share.
“The deal will expand the presence of the Greek company Intralot in the UK online gaming market and enhance its technological offerings by incorporating Bally’s digital and casino platforms.”
The agreement is expected to significantly influence the development of the online gambling industry in Europe and create new opportunities for technological growth for both companies.