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Record online quarters in Spain and UK see Bally’s Intralot accelerating through tax increases

Our write-up of a story first reported by G3 Newswire

Record online quarters in Spain and UK see Bally’s Intralot accelerating through tax increases

Bally's Intralot reported revenue of €544.2m and AEBITDA of €184.8m for the first half of 2026, with a margin of 34%. Results were pressured by seasonality in Turkey and the absence of large jackpots in the US.

The consolidation of Bally's International Interactive contributed €377.6m in revenue and €132m in AEBITDA. The UK online segment posted record NGR, with growth accelerating to 11.6% year-on-year in the second quarter from 10.5% in the first. This came as the UK remote gaming duty doubled from 21% to 40% on 1 April 2026. The tax hit cost approximately €34m in the quarter, but the company offset 65% of the impact through revenue growth and cost optimisation.

CEO Robeson Reeves said the UK online business not only held its ground but accelerated after the tax increase. Player volume remained stable, with no shift to competitors or grey-market operators. Spain also recorded a strong quarter, with online revenue up 15.1% year-on-year.

In April, Bally's Intralot secured a 15-year licence for gaming machine monitoring in Victoria, Australia, and a contract of up to 12 years with Chile's state lottery. In May the company signed with Hellenic Lotteries in Greece, and in June with OLG (Ontario Lottery & Gaming Corporation) in Canada.

On 5 June, Bally's Intralot announced a binding offer to acquire evoke plc. evoke shareholders approved the deal on 17 August, with 99.63% voting in favour. Bally's Intralot general meeting is scheduled for 18 September. The transaction is expected to close in the fourth quarter of 2026 or the first quarter of 2027, subject to antitrust and regulatory approvals.

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