By The Weekly Edge desk ·
The UK tax increase reduced Bally’s Intralot’s Q2 EBITDA by €34m, EGR reported on 17 August. CEO Robeson Reeves said UK market consolidation had progressed more slowly than expected.
For investors, the UK tax increase reduced Bally’s Intralot’s Q2 EBITDA by €34m amid slower-than-expected UK market consolidation.
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Bally’s Intralot’s adjusted net debt exceeded €1.6bn and rose around €135m annually while it pursued the evoke acquisition.
The agreement expands Gaming Corps’ distribution to operators across 40 regulated markets through Playtech Open Platform.
GiG’s proposed 80% acquisition requires further approvals and definitive agreements, with founders retaining shares and management involvement.
The appointments place Allwyn’s group technology strategy under Ögren while assigning Cross responsibility for global lottery technology.
The appointment puts Walker in interim charge of Allwyn's UK lottery business.
The request concerns tax rates affecting betting shops and other businesses with category B machines.