M&A Deal Summary

Intralot Acquires Bally - International Interactive Business

On July 1, 2025, Intralot acquired gaming company Bally - International Interactive Business from Bally s for 2.7B EUR

Acquisition Highlights
  • This is Intralot’s 8th transaction in the Gaming sector.
  • This is Intralot’s 0th largest (disclosed) transaction.
  • This is Intralot’s 2nd transaction in the United States.
  • This is Intralot’s 1st transaction in Rhode Island.

M&A Deal Summary

Date 2025-07-01
Target Bally - International Interactive Business
Sector Gaming
Buyer(s) Intralot
Sellers(s) Bally s
Deal Type Divestiture
Deal Value 2.7B EUR

Target

Bally - International Interactive Business

Providence, Rhode Island, United States
Bally's International Interactive Business is a iCasino specialist offering a wide range of products that have been developed or curated. It partner with leading third-party suppliers including IGT, NetEnt, and Evolution, as well as investing in exclusive content built by our in-house studios. It's content is augmented with value-added features such as free spins management, tournaments, and more. Bally's International Interactive Business is based in Providence, Rhode Island.

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Buyer(S) 1

Buyer

Intralot

Paiania, Greece

Category Company
Founded 1992
Sector Gaming
Employees1,803
Revenue 376M EUR (2024)
DESCRIPTION

Intralot is a gaming solutions supplier and operator active in 57 regulated jurisdictions around the globe. INTRALOT is an innovation driven corporation focusing its product development on the customer experience. The company is uniquely positioned to offer to lottery and gaming organizations across geographies market-tested solutions and retail operational expertise. Through the use of a dynamic and omni-channel approach, INTRALOT offers an integrated portfolio of best-in-class gaming systems and product solutions & services addressing all gaming verticals (Lottery, Betting, Interactive, VLT). Players can enjoy a seamless and personalized experience through exciting games and premium content across multiple delivery channels, both retail and interactive. Intralot was founded in 1992 and is founded in Paiania, Greece.


DEAL STATS #
Overall 10 of 10
Sector: Gaming M&A 8 of 8
Type: Divestiture M&A Deals 2 of 2
State: Rhode Island M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-19 Bit8

Ta' Xbiex, Malta

Bit8 is an established gaming company with market-tested, award winning gaming platforms, stand-alone and hosted solutions and a large portfolio of international clients.

Buy -

Seller(S) 1

SELLER

Bally s

Providence, Rhode Island, United States

Category Company
Founded 2004
Sector Gaming
Employees10,000
Revenue 2.5B USD (2024)
DESCRIPTION

Bally's specializes in delivering a comprehensive range of gaming and entertainment experiences through both traditional brick-and-mortar casino venues and expansive digital platforms. Bally's currently owns and operates 10 casinos across six states, a horse racetrack, and 13 authorized OTB licenses in Colorado. Bally's was founded in 2004 and is based in Providence, Rhode Island.


DEAL STATS #
Overall 4 of 4
Sector: Gaming M&A 1 of 1
Type: Divestiture M&A Deals 4 of 4
State: Rhode Island M&A 3 of 3
Country: United States M&A 4 of 4
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-28 Bally s Twin River Lincoln

Lincoln, Rhode Island, United States

Bally's Twin River Lincoln is an operator of a casino that is open 24 hours a day and brimming with tables, slots, a VIP lounge, and other grand gambling opportunities. Bally's Twin River Lincoln is one of the largest gaming and entertainment venues in Rhode Island with over 162,000 square feet of gaming space. Bally's Twin River Lincoln is based in Lincoln, Rhode Island.

Sell -