11 Nov 2026
Bally’s Intralot Posts Record UK Online Revenue in Q3 Despite Duty Hike
Bally’s Intralot delivered a 12.2 percent year-on-year rise in UK online revenue on a constant-currency basis during the third quarter, establishing a new quarterly high even after the Remote Gaming Duty climbed from 21 percent to 40 percent on 1 April 2026, and the company released its nine-month results in Athens on 10 November 2026 while confirming the proposed takeover of evoke plc remains scheduled for completion by Q1 2027.
Revenue Performance Details
UK net gaming revenue recorded its third straight quarter of sequential growth according to the figures released that day, and the duty increase trimmed adjusted EBITDA by roughly 34 million euros in the period alone, yet the topline expansion continued without interruption from the higher tax burden that took effect earlier in the year.
Sequential Growth Pattern
Data shows the UK operation built on prior gains through the first nine months, with each quarter surpassing the last on a net gaming revenue basis even as operators absorbed the doubled duty rate, and observers note the constant-currency metric isolates the underlying performance from exchange-rate fluctuations that might otherwise obscure the picture.
Acquisition Timeline Remains Intact
The proposed takeover of evoke plc continues to progress toward a Q1 2027 close, and company statements issued alongside the nine-month results in Athens emphasized that regulatory approvals and integration planning have stayed on schedule without material delays reported to date.
Those monitoring the transaction point out that the UK revenue momentum provides additional financial flexibility during the final stages of the deal process, while the duty-related EBITDA impact of 34 million euros stands as a one-time adjustment rather than an ongoing drag once the new rate stabilizes in operator planning models.
Market Context and Duty Impact
Research from industry bodies such as the European Betting Association indicates that duty rate changes of this magnitude typically prompt operators to review pricing, marketing, and product mixes, yet Bally’s Intralot achieved the 12.2 percent constant-currency lift while navigating the transition that began in April 2026.
Third Consecutive Quarter of Gains
UK net gaming revenue advanced for the third quarter in a row on a sequential basis, and the results presentation highlighted that the growth occurred across online channels despite the higher Remote Gaming Duty now in force, with the constant-currency calculation removing currency volatility to focus attention on operational trends.
Figures released on 10 November 2026 further detail that the EBITDA adjustment of approximately 34 million euros reflects the full-quarter effect of the duty increase, and management commentary positioned the outcome as evidence of resilience in the underlying UK online business.
Looking Ahead to 2027 Completion
With the evoke plc transaction slated for Q1 2027, Bally’s Intralot’s nine-month results provide a snapshot of performance leading into the final regulatory and shareholder steps, and the record quarterly revenue level establishes a stronger baseline for combined operations once the deal closes.
Additional context from academic analyses such as those published through international gambling research networks shows that operators facing duty hikes often experience temporary margin pressure before volume adjustments take hold, and the current results align with that pattern while still delivering revenue expansion.
Conclusion
Bally’s Intralot reported its UK online revenue results on 10 November 2026 in Athens, confirming both the 12.2 percent year-on-year constant-currency increase to a new quarterly high and the 34 million euro EBITDA impact from the April duty change, while the evoke plc acquisition timeline holds steady for Q1 2027 and UK net gaming revenue marks its third consecutive quarter of sequential growth.