11:26 AM EDT, 10/09/2025 (MT Newswires) -- Bally's (BALY) said Thursday that Intralot has completed the 2.7 billion euros ($3.12 billion) acquisition of Bally's International Interactive business in a cash and stock deal.

Bally's said the deal consideration includes 1.53 billion euros in cash and roughly 1.14 billion euros in newly issued Intralot shares, boosting Bally's shareholding in Intralot to 58%.

Under the deal, Bally's International Interactive unit will retain its leadership, technology stack, and digital capabilities, the company said.

The company said it plans to use at least $1 billion of the cash after-tax proceeds to reduce secured debt, including outstanding revolver balances, and another $200 million to fund the development of its Chicago casino.

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