Bally’s Intralot Buys Evoke for £243 Million
Bally’s Intralot 以 2.43 億英鎊收購 Evoke
Introduction
The Athens-based company Bally’s Intralot has agreed to buy Evoke, the parent company of 888 and William Hill, in a deal worth £243 million.
總部位於雅典的公司 Bally’s Intralot 已同意以 2.43 億英鎊收購 888 與 William Hill 的母公司 Evoke。
Main Body
The deal follows two months of talks, where an initial offer of £225 million was eventually increased to 52p per share. This move is based on a difficult financial situation in the UK. Specifically, the government decided to increase the remote gaming tax from 21% to 40%, and a 25% tax on online sports betting is expected by 2027. Evoke leaders emphasized that these tax changes would cost the company up to £135 million every year.
這次交易是在經過兩個月的談判後達成的,最初出價為 2.25 億英鎊,最終增加至每股 52 便士。此舉是基於英國困難的財務狀況。具體而言,政府決定將遠端遊戲稅從 21% 提高至 40%,且預計到 2027 年將對線上體育博彩徵收 25% 的稅。Evoke 的領導層強調,這些稅務變更每年將使公司損失高達 1.35 億英鎊。
In the past, Evoke's financial stability suffered after it bought William Hill's non-US assets for £2.2 billion in 2021. This led to a huge debt of nearly £1.9 billion and a 90% drop in share value. Consequently, the company hired experts from Morgan Stanley and Rothschild to find a way to improve returns for shareholders. Furthermore, the company faced legal problems, including a £9.4 million fine in 2022 and the firing of its CEO in 2023 due to failures in preventing money laundering.
過去,Evoke 在 2021 年以 22 億英鎊收購 William Hill 的非美國資產後,財務穩定性受到打擊。這導致了近 19 億英鎊的巨額債務,且股價下跌了 90%。因此,公司聘請了摩根史坦利(Morgan Stanley)和羅斯柴爾德(Rothschild)的專家,以尋找提高股東回報的方法。此外,公司還面臨法律問題,包括 2022 年被罰款 940 萬英鎊,以及 2023 年因未能防止洗錢而解僱執行長。
Bally’s Intralot believes that current market instability is a good opportunity to grow. By combining Evoke’s famous brands with Intralot’s advanced technology—which already supports twelve US state lotteries—the new company aims to become larger and more stable. The fact that Evoke recently closed around 200 to 270 betting shops shows the high costs that caused this agreement.
Bally’s Intralot 認為目前的市場不穩定是成長的良機。透過將 Evoke 的知名品牌與 Intralot 的先進技術結合——該技術已支援美國 12 個州的彩票系統——新公司旨在變得更大且更穩定。Evoke 最近關閉了約 200 至 270 家投注店,顯示出導致此次協議達成的成本壓力之高。
Conclusion
Bally’s Intralot has acquired Evoke to reduce the impact of UK tax increases and fix the company's financial problems.
Bally’s Intralot 收購 Evoke 是為了減輕英國加稅的影響,並解決公司的財務問題。
Vocabulary Learning
🚀 The 'Connector' Secret: Moving from A2 to B2
At the A2 level, you likely use simple words like And, But, or Because. To reach B2, you need to use Logical Transitions. These are words that tell the reader how two ideas are connected, making your English sound professional and fluid.
🛠️ The Power-Up Table
Look at how this article transforms simple ideas into B2-level business English:
| Instead of... (A2) | Use this... (B2) | Why? | Example from Text |
|---|---|---|---|
| So | Consequently | Shows a direct result of a problem. | ...huge debt... Consequently, the company hired experts. |
| Also | Furthermore | Adds a new, important point to an argument. | Furthermore, the company faced legal problems... |
| Because of | Due to | Explains the cause of a specific event. | ...firing of its CEO in 2023 due to failures... |
💡 Pro-Tip: The 'Cause & Effect' Chain
B2 speakers don't just list facts; they build a chain.
A2 Style: Evoke had debt. They hired experts. They had legal problems. B2 Style: Evoke suffered from debt; consequently, they hired experts. Furthermore, they faced legal problems due to management failures.
🔍 Spotting the Pattern
Notice how the text uses "The fact that..." in the final paragraph. This is a B2-level 'Noun Phrase' trick. Instead of saying "Evoke closed shops, and this shows high costs," the author says "The fact that Evoke recently closed... shops shows the high costs." This turns a whole action into a single subject, which is a hallmark of advanced fluency.