Bally’s Intralot (RIC: BYLOTr.AT, Bloomberg: BYLOT GA) (the ‘Group’), announces the preliminary results for the twelve-month period ended December 31st, 2025.
FY 2025 Highlights
- Group Revenue of €520.6 million in FY25 (+35.5% y-o-y), reflecting the acquisition of Bally’s International Interactive in 4Q 2025.
- FY25 AEBITDA at €184.6 million (+41.2% y-o-y), with a margin reaching 35.5%.
- In early October, Intralot S.A. completed the acquisition of the International Interactive business of Bally’s Corporation (‘BII’) for €2.7 billion, consisting of cash and stock consideration, creating one of the largest listed entities on the Athens Stock Exchange.
- The consolidation of BII contributed €169.7 million to Group Revenue and €68.1 million to AEBITDA (40.1% AEBITDA margin).
- The pro forma twelve-month performance for the combined organization indicates €1.086 million in revenues and €430.8 million in AEBITDA, representing a margin of 39.7%, in line with the projections and guidance previously provided.
- Group Cash at the end of Dec-25, including restricted cash, amounted to €244.9 million.
- Adjusted Net Debt closed at €1,491.8 million at the end of FY25, with Adjusted Net Leverage ratio, on a pro forma basis, at 3.46x.
- U.K. online performance in the first two months of 2026 remained strong and in line with expectations, with preliminary y-o-y revenue through February 28 of £95.7 million, up 11.1% y-o-y (January: £49.4 million, +9.9%; February: £46.3 million, +12.4%).
- Management intends to recommend to the Annual Shareholders General meeting a dividend distribution of approximately €30 million from previously undistributed profits, and later following the publication of results for the six months ended June 30, 2026, a pre-dividend based on projected 2026 results.
Please find the complete Announcement of Preliminary Results for the twelve-month period ended December 31st, 2025 here.
About Bally’s Intralot
Bally’s Intralot, established through the combination of INTRALOT and Bally’s International Interactive, is a top iGaming operator and a leading global provider of lottery solutions. Listed on the Athens Stock Exchange, Bally’s Intralot benefits from access to international capital markets to support growth and strategic initiatives, strengthening its presence and competitiveness both locally and globally.
Building on Bally’s proven digital B2C operational expertise and INTRALOT’s long-standing leadership in lottery regulated gaming across all five continents, Bally’s Intralot is uniquely positioned across digital online gaming markets, lottery, iLottery, and sports betting. This strategic combination brings together complementary strengths to form a scaled, independent global champion, capable of addressing a significantly expanded addressable market while operating with deep regulatory expertise across multiple jurisdictions.
With a unified, vertically integrated structure in the online gaming and lottery sector, a global outlook, technological excellence, and presence across all forms of modern gaming, Bally’s Intralot enables operators to modernize their retail and digital offerings, deliver personalized and responsible player experiences, and operate with greater agility and efficiency in an increasingly converging gaming ecosystem.
Operating at the intersection of technology, regulation, and entertainment, Bally’s Intralot is optimally positioned to capitalize on strong global growth trends driven by digital adoption and regulatory expansion across lottery and iGaming markets. Through its global footprint, advanced technology, and commitment to long-term value creation, Bally’s Intralot aims to shape the future of regulated gaming and deliver sustainable benefits for operators, players, and communities alike.
Learn more at www.intralot.com.
Contacts
Athens Office
19 km, Markopoulou Ave.,
19 002 Peania - Attica, Greece
+30 210 615 6000
[email protected]
London Office
70 Berners Str.,
W1T 3NL, London, UK
+44 0207 478 8100
