Evoke in £225m takeover talks

The 50p-per-share approach follows a difficult period for Evoke, which has been impacted by UK tax increases on gambling and a slump in its stock price.

Bally's Intralot, which also sponsors Nottingham Forest, sees the acquisition as an opportunity to expand its footprint in the European market.

Evoke's board had effectively put the company up for sale late last year to address its significant debt burden.

If finalized, the rescue deal would mark a major consolidation in the global betting and gaming industry.