Despite the Gambling Tax bombshell that landed in November, the UK gambling sector as a whole recorded a 2.2% rise in gross gambling yield in the fourth quarter of 2025. Of course, those tax hikes weren’t rolled out until November, so any changes to profitability will most keenly be felt in quarters two and three […]
Business
Bally’s Intralot Completes £243 Million Buyout of William Hill Owner Evoke
There was a significant change to the UK gambling industry confirmed this morning as Bally’s Intralot confirmed that their takeover of Evoke WILL go ahead. The fee is reportedly £243 million, which is considerably higher than the £225 million initially tabled by the Greek-American firm. Bally’s Intralot will assume control of the William Hill brand, […]
Bally’s Intralot Call On Private Equity Colossus to Help Facilitate Evoke Takeover
One of the world’s largest private equity firms is preparing to assist Bally’s Intralot in their pursuit of William Hill owner Evoke. TPG, whose investments include Airbnb, Goal and Tata, are reportedly interested in refinancing Evoke’s debt – one of the factors that is stalling Bally’s takeover plot. If they are agree to take on […]
Evoke and Bally’s Intralot Agree Three Week Extension to William Hill Takeover Talks
Bally’s Intralot have agreed to extend the deadline of their takeover talks with William Hill owner Evoke Group for another three weeks. The original deadline, by which the Greco-American firm had to either make a formal offer or walk away from the negotiating table, came to an end at 5pm GMT on Monday. However, both […]
UK Gambling Black Market Surpasses £16.5 Billion with 300% Growth Since 2019
A staggering new report into the scale of the UK’s gambling black market has revealed that £16.6 billion is now being wagered with unlicensed operators – growth of by more than 300% since 2019 alone. The research conducted by H2 Gambling Capital (H2GC) also reveals that stakes doubled in size between 2023 and 2025, as […]