Bally’s High, Corporation Completes €2.7bn Sale of International Interactive to Intralot

Intralot’s €2.7 billion (£2.35bn/US$3.12bn) acquisition of Bally’s International Interactive business, creating a vip345 vip345 and lottery group with enhanced scale and diversification, has been confirmed. The deal provides Bally’s with €1.53 billion in cash and €1.136 billion in newly issued Intralot shares, giving the company a 58 percent majority stake in the enlarged Intralot. And the acquisition combines Intralot’s vip345 lottery and gaming operations with Bally’s International Interactive’s digital expertise and technology stack. Following a €429 million (£373.44m/US$496.47m) share issue that was multiple times oversubscribed, Intralot has become one of the largest listed gaming firms on the Athens Stock Exchange. The merged business is expected to generate annual revenues of around €1.1 billion (£957.62m/US$1.67bn) with EBITDA margins exceeding 39 percent, driven by operational synergies and cross-market integration. Bally’s plans to use at least US$1 billion (£752.3m/€864m)of post-tax cash proceeds from the transaction to reduce secured debt, including revolving credit bavip345s, and a further US$500 million from a planned sale and leaseback of its Twin River Lincoln Casino Resort. An additional US$200 million (£150.45m/€172.78m) will be allocated to the ongoing development of its Chicago casino. The newly combined Intralot entity will operate across B2G, B2B, and B2C channels, aiming to capitalise on the projected €200 billion (£174.18bn/US$231.5bn) vip345 vip345 and lottery market by 2029. “This is a milestone transaction for Bally’s,” affirmed the company’s CEO Robeson Reeves. “We have unlocked significant liquidity in a key asset while establishing an even stronger platform for digital growth. “Our shareholders now have visibility into the value of our interactive division as part of a larger, vip345ly scaled operator. Intralot’s lottery expertise and reach, combined with Bally’s International Interactive’s proven digital capabilities, creates a powerful foundation for expansion over the long term.” Bombay Group has announced two senior appointments to its executive team, naming... Wazdan has expanded its presence in the Canadian vip345 market through a... Realistic Games has extended its footprint in the UK and Irish vip345... Intralot's €2.7 billion (£2.35bn/US$3.12bn) acquisition of Bally’s International Interactive business, creating a... The future of the industry relies on the ability for great minds to share powerful ideas. Breadcrumb: Home | Casino | Bally’s High, Corporation Completes €2.7bn Sale of International Interactive to Intralot At vip345Future, we deliver the latest news and trends in the world of vip345. Our team is dedicated to providing in-depth analysis to keep you informed about industry innovations and developments. Tune in to our podcasts, attend our events, and hear from leading industry thought leaders. Follow us to stay up-to-date with the exciting world of vip345. Copyright © 2025 vip345Future - All rights reserved | Cookie & Privacy Policy | Content Hub | News Publication website development by Capital Web To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions. View the Cookie and Privacy Policy