Bally’s Evoke Buyout Eases Debt Pressure

Moody’s Investors Service has labelled the proposed purchase of Evoke Plc by Bally’s Intralot a positive development for the struggling operator, saying the deal would ease refinancing pressure and improve liquidity conditions post-acquisition.  Moody’s Highlights Debt Relief in Bally’s–Evoke Transaction The deal is worth around £243 million ($325 million) and will see Bally’s Intralot acquire…

Better immigration can help fix the debt

Let’s seize the opportunity. (Photo by NurPhoto via Getty Images) I wrote “One Billion Americans” during Donald Trump’s first term as president, without foreknowledge of what would occur during Joe Biden’s presidency. As a result, the book doesn’t really have takes on the immigration policy questions that have been most salient over the past five…

Venture debt acts as a bridge between funding stages for tech startups, global study finds

Research across 59 countries shows venture debt reshapes startup finance by reducing early-stage equity, increasing late-stage investment, and expanding the total pool of capital A new international study has found that venture debt is reshaping how capital moves through technology startup ecosystems around the world. Analysing data from 59 countries between 2015 and 2024, the researchers show that greater…

Energy debt fears plaguing UK households

Share on Facebook Share on Twitter With energy prices set to rise by 13.5% next month and another energy debt crisis predicted to hit next winter, new figures released today reveal that UK households are already struggling to cope with the weight of energy debt. The research by Opinium for the End Fuel Poverty Coalition…