multi source·6h ago·2 sources analyzed
Evoke in discussions for £225m takeover by Bally's
Evoke, which owns William Hill, is considering a takeover offer from the US casino group Bally's. The proposed deal values the company at 50p per share. (sources: theguardian, reuters)
ModernAction Briefing
Evoke is in talks regarding a potential £225 million takeover by Bally's. The discussions come as Evoke navigates significant debt.
- Evoke is a UK-listed gambling company that owns William Hill and the 888 online casino brand.
- Bally's has made a takeover bid valued at approximately $304 million.
- The proposed offer is set at 50p per share.
Why it matters
The outcome of these discussions could impact the future structure of the gambling industry in the UK.
No specific legislation identified for action yet.