Gibraltar-based gaming firm Evoke considers takeover supply from Bally’s Intralot

International betting and on-line gaming firm Evoke PLC, headquartered in Gibraltar, has confirmed it’s in takeover talks following a attainable supply for the corporate.

Evoke is listed on the London Stock Exchange and owns a number of well-known playing manufacturers together with William Hill and the 888 on line casino model.

In a press release, it stated it’s contemplating a possible supply from Bally’s Intralot, which additionally has an workplace in Gibraltar, following media hypothesis.

The proposed supply is 50p per share, valuing Evoke at round £225 million, based on media experiences which have recommended the group in closely in debt.

However, the corporate stated: “There can be no certainty that an offer will be made or as to the terms on which any offer might be made.”

The Board of Evoke is at the moment evaluating the attainable supply with its monetary advisers, Morgan Stanley and Rothschild & Co. Shareholders have been suggested to take no motion.

Meanwhile, Bally’s Intralot has confirmed it is going to, by 5:00 p.m. UK time on 18 May 2026, both announce a agency intention to make a proposal or verify that it doesn’t intend to proceed.

The firm, which sponsors the Nottingham Forest Football shirt, and was purchased by Intralot in a €2.7bn deal final yr and is listed on the Athens Stock Exchange.