Evoke’s Acquisition by Bally’s Faces Regulatory Hurdle
Bally's Intralot's upcoming acquisition of Evoke faces a regulatory challenge in Pennsylvania due to Evoke's existing B2B contract with Caesars, which conflicts with state licensing rules. The deal, expected to close by Q1 2027, hinges on whether Pennsylvania regulators accept a proposed licensing solution where an Evoke subsidiary would surrender its manufacturer license. The Pennsylvania Gaming Control Board has the final say, with its Office of Enforcement Counsel reportedly recommending against the proposed workaround.
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