Gibraltar-based gaming company Evoke considers takeover offer from Bally's Intralot

International betting and online gaming company Evoke PLC, headquartered in Gibraltar, has confirmed it is in takeover talks following a possible offer for the company.

Evoke is listed on the London Stock Exchange and owns several well-known gambling brands including William Hill and the 888 casino brand.

In a statement, it said it is considering a potential offer from Bally’s Intralot, which also has an office in Gibraltar, following media speculation.

The proposed offer is 50p per share, valuing Evoke at around £225 million, according to media reports which have suggested the group in heavily in debt.

However, the company said: “There can be no certainty that an offer will be made or as to the terms on which any offer might be made.”

The Board of Evoke is currently evaluating the possible offer with its financial advisers, Morgan Stanley and Rothschild & Co. Shareholders have been advised to take no action.

Meanwhile, Bally’s Intralot has confirmed it will, by 5:00 p.m. UK time on 18 May 2026, either announce a firm intention to make an offer or confirm that it does not intend to proceed.

The company, which sponsors the Nottingham Forest Football shirt, and was bought by Intralot in a €2.7bn deal last year and is listed on the Athens Stock Exchange.