Published by Global Banking & Finance Review®
Posted on July 1, 2025
1 min readLast updated: January 23, 2026
Intralot acquires Bally's International Interactive for €2.7 billion, enhancing its UK market presence and technology capabilities.
(Reuters) -Greek gaming firm Intralot said on Tuesday it would acquire Bally's International Interactive business in a cash-and-stock deal, valuing the unit at 2.7 billion euros ($3.18 billion).
The deal will expand Intralot's presence in the UK online gaming market and strengthen its technology offerings by incorporating Bally's digital and casino platforms.
The deal, expected to close in the fourth quarter, includes 1.53 billion euros in cash and 1.14 billion euros in newly issued Intralot shares to Bally's shareholders.
Following the deal, Intralot's founder Sokratis Kokkalis will retain a significant stake, and Bally's will become the majority shareholder.
Shares of Bally's rose nearly 20% to $11.49, following the announcement.
($1 = 0.8485 euros)
(Reporting by Arunima Kumar in Bengaluru, Additional reporting by Nathan Gomes; Editing by Mohammed Safi Shamsi)
The deal is valued at 2.7 billion euros, which is approximately $3.18 billion.
The acquisition will expand Intralot's presence in the UK online gaming market and enhance its technology offerings.
The deal includes 1.53 billion euros in cash and 1.14 billion euros in newly issued Intralot shares to Bally's shareholders.
Intralot's founder, Sokratis Kokkalis, will retain a significant stake following the acquisition.
Shares of Bally's rose nearly 20% to $11.49 following the announcement of the acquisition.
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