By The Weekly Edge desk ·
iGaming Business reported that UK tax increases affected Evoke EVOK · GBp 42.00 2026-10-16 Data’s first-half revenue. The operator sought to offset the increases ahead of its planned takeover by Bally’s Intralot.
The tax increases affect Evoke’s trading ahead of the planned ownership change.
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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 update shows lower earnings despite stable revenue before the planned takeover.
The company continues to pursue the proposed takeover while reporting flat revenue.
The facility adds financing as the evoke acquisition proposal approaches a vote.