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Bally's Corporation and Intralot S.A. Complete Intralot's Acquisition of Bally's International Interactive Business for €2.7 Billion

1. Intralot completed acquisition of Bally's International Interactive for €2.7 billion. 2. This transaction enhances Bally's liquidity and market positioning.

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$14.0510/09 11:07 AM EDTEvent Start
$13.6510/09 04:42 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition increases liquidity, potentially leading to future investment opportunities and growth similar to past successful transactions in the gaming industry.

How important is it?

The deal significantly affects Bally's operations and opens avenues for future growth, placing it as highly relevant to investors.

Why Short Term?

Immediate liquidity boost may lead to short-term investment and operational growth, evidenced by previous acquisitions that sparked quick market responses.

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INLOTPDYPYWMS
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) (“Bally's”) announced today that Intralot S.A. (ATSE: INLOT) (“Intralot”), has completed the acquisition of Bally's International Interactive business (“Bally's International Interactive”) and combined it with Intralot's global lottery and gaming operations. The transaction, values Bally's International Interactive at an enterprise value of €2.7 billion and unlocks significant liquidity for Bally's while positioning Bally's Int.

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