New Delhi, June 6 -- The name above the betting shop door has not changed, but by early 2027, the ownership structure behind William Hill will look nothing like it did at the start of this decade. Bally's Intralot, the Athens-listed lottery and gaming operator, announced Friday it has agreed to acquire Evoke PLC - the London-listed group that owns William Hill, 888, and Mr Green - in a recommended all-share deal valuing Evoke at approximately £243 million. Evoke's shares surged more than 16 percent on the news.

the last trading day before the company disclosed it was conducting a strategic review. Under the terms of the agreement, Evoke shareholders will receive 0.537 new Bally's Intralot shares for each share they hold, with a part...