Evoke extends Bally’s Intralot acquisition offer deadline to 8 June

Evoke has extended the deadline for Bally’s Intralot to submit a formal acquisition offer to 8 June at 5pm BST, having previously confirmed talks between the two parties on 20 April. 

Bally’s Intralot submitted a request to extend the deadline on 18 May and received approval from Evoke’s Board of Directors. The deadline can be extended once again should Bally’s Intralot and Evoke choose to do so. 

"Bally's Intralot has confirmed that any firm offer, if made, would be subject to customary conditions and approvals and that it reserves the right to vary the terms of any such offer, including the price, the form and mix of consideration and the structure of the transaction," Evoke said. 

Evoke still went on to claim there can be “no certainty” an offer is eventually made, although previous terms value the potential transaction at £0.50 ($0.67) per share, or £225m.

According to Evoke, "constructive discussions” are still ongoing between the two parties, while further announcements will be made “when appropriate.”

Global Gaming Insider previously analysed the impact of a potential Evoke acquisition by Bally’s Intralot, which may represent a "take-private rescue" of the William Hill parent company.

Also on 18 May, Bally’s issued a notice to the US Securities and Exchange Commission (SEC) that it would be reporting its Q1 2026 financial report late. 

The operator will either have to formally announce its intentions to make an Evoke acqusition offer, or choose to forego the transaction entirely by 8 June. 

On 30 April, Evoke reported its FY25 results, which saw adjusted EBITDA rise 14% to £356.2m. However, the operator also posted a statutory loss after tax of £549.1m.

The group recorded £440.3m in non-cash impairment charges across UK Online and Retail operations, reflecting the impact of significant UK gambling duty increases announced in November 2025 and challenging high street trading conditions.