Bally's sells International Interactive business to Intralot for ~€2.7B; becomes majority shareholder

Bally's Corp

Total consideration valued at ~€2.7 billion: €1.53B cash plus 873.7M new Intralot shares valued at €1.30/share.
Bally's will become majority shareholder of Intralot post-closing.
Closing expected in Q4 2025, subject to antitrust, gaming, Intralot shareholder approval, and debt financing.
Intralot subsidiary has secured €1.6B in debt financing commitments from Citizens Bank, Deutsche Bank, Goldman Sachs, and Jefferies.
Transaction covers Bally's Holdings Limited, holding the International Interactive business.

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