Bally's Divests EUR 2.7 Billion International Interactive Business to Intralot

Deal News | Jul 04, 2025 | CEE Legal Matters

Bally’s Corporation has completed its EUR 2.7 billion sale of its International Interactive Business to Intralot, advised by Kyriakides Georgopoulos and Papapolitis & Papapolitis respectively. This transaction results in the integration of European and North American operations in lottery technology and iGaming, creating a significant player listed on the Athens Stock Exchange. The advisory team from Kyriakides Georgopoulos included several senior members, indicating the complexity and significance of this deal. On the other hand, the Papapolitis & Papapolitis team was led by their Managing Partner, showcasing expertise in facilitating such high-value transactions.

Sectors

Gaming and Lottery
Legal Services

Geography

United States – Bally's Corporation is based in the United States, involved in selling its international operations.
Greece – Intralot is a Greek company acquiring Bally's International Interactive Business, and the deal impacts the Athens Stock Exchange.

Industry

Gaming and Lottery – The article discusses the acquisition of Bally's International Interactive Business, focusing on lottery technology and iGaming sectors.
Legal Services – Kyriakides Georgopoulos and Papapolitis & Papapolitis are legal firms that advised on the transaction, highlighting the role of legal services in M&A deals.

Financials

EUR 2.7 billion – The sale price for Bally's International Interactive Business.

Participants

Name	Role	Type	Description
Bally's Corporation	Vendor	Company	An American gaming company selling its International Interactive Business.
Intralot	Buyer	Company	A Greek gambling and lottery company acquiring Bally's International Interactive Business.
Kyriakides Georgopoulos	Legal Advisor to Bally's	Company	A law firm advising Bally's on the transaction.
Papapolitis & Papapolitis	Legal Advisor to Intralot	Company	A law firm advising Intralot on the acquisition.