Bally's Intralot accelerated UK online growth in the third quarter of 2026, recovering more than half the hit from Remote Gaming Duty rising from 21% to 40%. Growth picked up each quarter: first quarter saw 10.5% in constant currency, second quarter already reflected the higher rate.
The UK generates about 64% of group revenue. Over nine months the duty cost €68m in adjusted EBITDA, but the company clawed back 55% of the third-quarter loss through revenue growth, tighter marketing spend and cost control. Third-quarter adjusted EBITDA reached €88.9m, up from €29.9m a year earlier. Nine-month EBITDA came to €273.6m against €90.1m in the same period of 2025.
Nine-month group revenue was €830.3m. Bally's International Interactive, which includes Gamesys, contributed €579.2m. Spain posted record growth, revenue rising 18.9% to €13.3m. The company says it gained UK market share as rivals cut marketing budgets.
Legacy business shows mixed results. B2B revenue fell 8.1% to €191m over nine months, mainly from lower US lottery income. B2C revenue moved the other way, up 7.1% to €60.1m.
The evoke takeover has slipped to 2027. Under terms agreed 5 June 2026, evoke shareholders get 0.537 new Intralot shares per evoke share, valuing William Hill's owner at £243.1m — a 77% premium to the 17 April closing price. Completion waits on gambling regulator approval and a Gibraltar court hearing. Bally's Intralot expects £180m in pre-tax cost and capex savings over the first two years after closing.
