By The Weekly Edge desk ·
EGR reported that Evoke EVOK · GBp 42.00 2026-10-16 Data’s first-half revenue was unchanged year on year. Group EBITDA declined 10% as tax increases affected trading ahead of the Bally’s Intralot takeover.
The update shows lower earnings despite stable revenue before the planned takeover.
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For investors, the UK tax increase reduced Bally’s Intralot’s Q2 EBITDA by €34m amid slower-than-expected UK market consolidation.
Bally’s Intralot’s adjusted net debt exceeded €1.6bn and rose around €135m annually while it pursued the evoke acquisition.
GiG’s proposed 80% acquisition requires further approvals and definitive agreements, with founders retaining shares and management involvement.
The company continues to pursue the proposed takeover while reporting flat revenue.
The tax increases affect Evoke’s trading ahead of the planned ownership change.
The facility adds financing as the evoke acquisition proposal approaches a vote.