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Business Jun 05, 2026

Evoke agrees £243m takeover by Greek casino firm Bally's Intralot

Evoke, the owner of William Hill and 888 online casino brand, has agreed a £243m takeover by Greek …
The Takeover Deal Evoke, the owner of William Hill and the 888 online casino brand, has agreed a £243m takeover by the Greek casino and lottery operator Bally's Intralot. The Background of the Deal Evoke has been locked in talks with the Athens-listed Bally's Intralot, which has extensive international operations including in the US, for the past two months. The deal comes four years after Evoke, previously known as 888 Holdings, paid £2.2bn to buy William Hill's network of 1,400 high street bookmakers. The Impact of UK Gaming Tax Changes The companies said the government's announcement in November of a significant increase in remote gaming duty, from 21% to 40%, triggered a “material shift in the UK operating environment” that will “create meaningful dislocation across the competitive landscape”. Evoke's shares have fallen by 90% since the William Hill acquisition. Market Reaction and Future Outlook Shares in London-listed Evoke soared by more than 12.5% in early trading as investors welcomed the takeover deal. Evoke has net debt of about £1.8bn and a market value of just over £180m. The Evoke chief executive, Per Widerström, has previously said that the changes in gambling tax would cost the business up to £135m a year. Mark Summerfield, the chair of Evoke, said the deal represented “the most attractive and deliverable outcome for Evoke shareholders”. The Future of Evoke and Bally's Intralot Soo Kim, the chair of Bally's, said that Intralot was confident the deal would “deliver substantial benefits for both Intralot and Evoke shareholders”. Intralot provides technology for 12 state lotteries in the US and has operations in Europe, South America, north Africa, south-east Asia, Australia and New Zealand.
#Evoke #Bally's Intralot #William Hill
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Entertainment Jun 05, 2026

Not Suitable for Work Review: Mindy Kaling's New Sitcom Falls Flat

Mindy Kaling's new sitcom 'Not Suitable for Work' tries to recreate the magic of Friends but fails …
The Lead Mindy Kaling's latest sitcom, 'Not Suitable for Work', attempts to bring back the charm of classic shows like Friends, but ultimately falls short. The show revolves around five young adults navigating life and love in Manhattan, but its predictable plot and lackluster dialogue make it feel like a rehash of familiar tropes. The Show's Concept and Characters The show follows the lives of five friends living in two apartments across a hallway in Manhattan. The characters include AJ, an ambitious first-year analyst at a merchant bank; Kel, a medical student who longs to be an actor; Davis, a people-pleaser and romantic; Josh, a 'super woke' child of privilege; and Abby, AJ's college friend. While the characters have some diversity, with two people of color in the main cast, the show's overall feel is reminiscent of classic sitcoms. The Dialogue and Plot The show's dialogue often feels forced and unnatural, with jokes that fall flat. The plot is predictable, with characters facing obstacles and entanglements that are easily anticipated. For example, AJ's boss is an arrogant but attractive older man who gets into an argument with her, and the outcome is never in doubt. The Bright Spots Despite the show's overall lackluster performance, there are some bright spots. Michael Benjamin Washington brings his unique energy to the role of the group's landlord, Antoine, and adds much-needed flavor to every scene he's in. Greg Germann's comic chops as Josh's father, David, are also welcome, and Jay Ellis as AJ's boss, Bill Gibson, brings astringency to the show. The Verdict 'Not Suitable for Work' is an easy watch, but its charms may not grow on audiences. While the joke hit rate picks up as the episodes go on, the show feels like a rerun of familiar sitcom tropes. If you're a fan of Mindy Kaling's previous work, you may want to give it a try, but otherwise, there are better shows to watch.
#Mindy Kaling #Not Suitable for Work #Disney+
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Sports Jun 05, 2026

Iraola Must Move Fast but the New Manager Has the Tools to Fix Liverpool

Liverpool has appointed Andoni Iraola as their new head coach after sacking Arne Slot following a d…
Liverpool's Swift Managerial ChangeRichard Hughes and Michael Edwards have acted with decisiveness and a clear sense of what Liverpool's difficult situation demanded in switching head coaches within six days, although the appointment of Andoni Iraola removes just one layer of uncertainty from Anfield. Several others remain, including their roles in leading Liverpool's recovery alongside Arne Slot's successor.With supporters turning against Slot's football and more players liking Mohamed Salah's critical social media post than wishing the Dutchman well following his sacking, Liverpool could not allow disillusionment to fester and needed to move fast. Sporting director Hughes and Edwards, chief executive of football for the club's owner Fenway Sports Group, have delivered.Iraola's Appointment: Style and PhilosophyIn Iraola, who was coveted by Milan, Bayer Leverkusen and Crystal Palace after improving Bournemouth in each of his three seasons on the south coast, those in charge of football operations at Liverpool have hired a coach who promises a version of the aggressive attacking style that captivated the Kop under Jürgen Klopp. But winning is what captivates Anfield most of all and there is much more to the appointment of Iraola than style of play.Liverpool's new head coach has demonstrated a flair for improving individual players and handling disruption with minimal fuss. Slot may have lost his way on all counts, but still delivered Champions League qualification in the most trying circumstances and under a most unforgiving spotlight.Liverpool's Investment and Performance DeclineThe urgency behind the move for Iraola was not only a reaction to external pressures and the despondency that had set in at Anfield over the final weeks of last season. Several attractive clubs are in the market for a new manager before the World Cup and there is a limited pool of talent available.With the Basque holding talks with Leverkusen and Milan, and Liverpool's powerbrokers convinced of his suitability and ability, FSG needed to sign off on their recommendations quickly. The World Cup will disrupt Iraola's first pre-season and there is much to be done to turn the trajectory of a team in decline.New signings are the obvious place to start. Slot believed the addition of two wingers this summer would catapult Liverpool back to the levels of his title-winning campaign, finally filling the voids left by Luis Díaz's departure and Salah's dramatic drop in form. Liverpool agree with their former head coach on that score and two wingers remain their priority.The Challenge of Managing at AnfieldBournemouth operate in a completely different environment. Iraola surviving at the Vitality Stadium after a nine-game winless start to his Premier League career is testament to that. "We didn't start well and, probably, you were thinking: 'Who the fuck is this guy?'" Iraola joked at his Bournemouth farewell.Anfield would not be pondering that question during a nine-game winless run but screaming it at those responsible. Unwavering support for a Liverpool manager is not guaranteed, as Slot discovered 13 months after delivering the title in his debut season and having faced unprecedented challenges in his second.But Iraola has been hired because Liverpool also firmly believe he can get the best out of players already in the building. The judgment of Hughes and Edwards is likely to stand or fall by this conviction. Liverpool's reputation for astute trading and forward thinking, well established in the Klopp/Edwards era, has taken a battering after last summer's record investment of almost £450m yielded dismal results.Iraola's Path to Liverpool's RecoveryLiverpool remain convinced they acquired talent that can deliver the biggest prizes. The eyes on last season say differently, although there is substance to the argument that Slot struggled to find the best position for Florian Wirtz or play to the strengths of Alexander Isak. Liverpool's former head coach could respond with an injury list that restricted Isak, Wirtz and Hugo Ekitiké to less than two hours together on the same pitch last season.Isak appeared ill-suited to Liverpool on the few occasions he was match fit but a more dynamic approach under Iraola, who wants the ball released into his forwards as early as possible, should make the Sweden international more effective. Wirtz, clearly gifted but too often on the periphery in his debut Liverpool campaign, should also benefit from the shift in style plus the addition of two fast wingers.Iraola's work with defenders is another part of his appeal to Liverpool. At Bournemouth he coached Illia Zabarnyi, Dean Huijsen and Milos Kerkez into talents worthy of big money moves to Paris Saint-Germain, Real Madrid and Liverpool respectively. Not one has had the same impact since leaving the Vitality Stadium.
#Liverpool #Andoni Iraola #Arne Slot
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Sports Jun 04, 2026

Andoni Iraola: The Brave Strategist to Restore Liverpool's Swagger

Andoni Iraola emerges as the ideal candidate to lead Liverpool after his transformative work at Bou…
The Lead: Iraola's Brave Approach to Liverpool's RevivalAndoni Iraola has established himself as arguably the hottest head coach on the market after transforming Bournemouth into an entertaining, competitive Premier League side. His appointment at Liverpool could mark the beginning of a new era for the club as they seek to restore the swagger that made them champions under Jürgen Klopp.The Tactical Revolution: Iraola's Philosophy of Fearless FootballIraola's approach to management is defined by bravery and an unwavering commitment to attacking football. "When 10 players are behind the ball, I don't feel very comfortable," he has stated. This philosophy was evident in Bournemouth's performances, where they frequently made bold substitutions to turn games around, such as when they withdrew two defenders to introduce attacking players and came back from 1-0 down to beat Fulham 3-1.His willingness to take risks has yielded remarkable results. Bournemouth finished seventh in the Premier League, qualified for Europe for the first time, and developed a reputation for entertaining, high-intensity football. The team's transformation from a side that just avoided relegation to one competing at the highest level is a testament to Iraola's coaching abilities.The Financial Impact: Maximizing Resources Through DevelopmentDespite losing more than £250m in talent across the past season, Bournemouth remained competitive under Iraola. The club successfully replaced sold stars like Dominic Solanke (£65m), Illia Zabarnyi (Paris Saint-Germain), Dean Huijsen (Real Madrid), and Milos Kerkez (Liverpool) while maintaining their performance level.This ability to develop and maximize the potential of players has been central to Iraola's success. He transformed raw talents like Antoine Semenyo from Bristol City into key players, with the forward scoring crucial goals against top teams. This player development approach could be particularly valuable for Liverpool, who often need to balance financial constraints with the need to compete at the highest level.The Changing Landscape of Premier League ManagementIraola's rise represents a shift in Premier League management toward coaches who prioritize identity and style over pragmatism. In an era where many teams focus on defensive solidity and counter-attacking, Iraola's commitment to proactive, offensive football has set him apart.His success has challenged conventional wisdom about what's required to compete in the Premier League. Bournemouth's achievements under Iraola demonstrate that financial resources, while important, are not the sole determinant of success. The club's ability to punch above its weight has made Iraola an attractive candidate for bigger clubs like Liverpool, who are seeking to rediscover their distinctive playing identity.The Future Outlook: Iraola at Liverpool's HelmIf appointed, Iraola would bring a fresh perspective to Liverpool at a critical juncture. The club has just sacked Arne Slot after a meek title defense, and there's a clear need for a manager who can restore the confidence and attacking verve that characterized their most successful period.Iraola's track record of developing young players and implementing an exciting style of play could provide the perfect antidote to Liverpool's recent struggles. His experience of working with Liverpool's sporting director Richard Hughes at Bournemouth suggests a smooth transition, while his ability to adapt his tactics to different challenges indicates he could succeed at a club with higher expectations.The appointment would represent a bold statement of intent from Liverpool, signaling their commitment to returning to an identity built on attacking football and fearless play. Whether Iraola can replicate his Bournemouth success at a club with greater expectations remains to be seen, but his track record suggests he has the qualities to succeed at the highest level.
#Andoni Iraola #Liverpool FC #Bournemouth
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Business Jun 04, 2026

SpaceX Targets Record‑Breaking $1.78 trn IPO Amid Overvaluation Concerns

SpaceX has filed to raise up to $86 bn at a $1.78 trn valuation, which would become the world’s lar…
The Record‑Breaking IPO PlanSpaceX filed paperwork on 4 June 2026 to launch an initial public offering that could value the company at $1.78 trn, eclipsing the 2019 Saudi Aramco float. The filing outlines a primary raise of $75 bn, with an optional increase to $86 bn if underwriters exercise their share‑sale option.Financial Snapshot: Valuation vs RevenueNet loss in 2025: $4.94 bnRevenue 2025: $18.67 bn (up 33% YoY)Proposed valuation multiple: > 90× annual revenueBy contrast, Morningstar’s discounted‑cash‑flow model places the firm at roughly $780 bn, less than half of the IPO price.Market Reaction and Overvaluation WarningsMorningstar’s senior analyst Michael Hewson called the valuation “significantly overvalued,” suggesting investors may find “more attractive levels after the IPO.” The firm’s warning highlights the gap between the proposed price and traditional profit‑based multiples.“We think the company has been significantly overvalued and investors will have opportunities to buy the stock at more attractive levels after the IPO.” – MorningstarImplications for the Space Economy and InvestorsListing would give SpaceX fresh capital and provide “exit liquidity” for insiders, allowing pension funds and index trackers to acquire stakes in Musk’s broader ambitions, including orbital AI data centres and the Starlink network.Outlook: What Could Happen After the Float?Analysts warn that the lofty price could deter participation, risking an undersubscribed offering. If the IPO proceeds, the company could join the Nasdaq, further legitimising the commercial space sector, but the long‑term price trajectory will hinge on whether revenue growth can close the gap to the $1.78 trn benchmark.
#SpaceX #Elon Musk #Morningstar
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Politics Jun 04, 2026

Trump Suggests Permanent UFC Arena on White House Lawn

Donald Trump suggests that the UFC arena being built on the White House South Lawn for a series of …
The Proposal for a Permanent UFC Arena Donald Trump has floated the idea of permanently keeping the Ultimate Fighting Championship (UFC) arena that is being constructed on the White House South Lawn for a series of fights later this month. Comparing the UFC Arena to the Eiffel Tower In a video posted on his official TikTok account on Tuesday, the president likened the structure to the Eiffel Tower, saying, "People don’t know that in Paris, France, the Eiffel Tower, 1889 it was built. It was supposed to be taken down immediately after the world’s fair, and then they said, ‘You know we sort of like it, let’s leave it up a little bit longer’, and then they said, ‘Let’s leave it up longer and longer and longer." The Event Details “Well, they never took it down, and you know we’re building something in front of the White House that’s quite attractive to a lot of people. It’s going to have the big UFC fight on 14 June, and I’m looking at it and maybe we’ll never ever take it down.” The Financial Investment The UFC is covering the cost of construction. Mark Shapiro, president of TKO Group Holdings, UFC’s parent company, has said that the production of the card – including construction, fighter pay and fan gatherings – is likely to cost at least $60m and that the event will not turn a profit. UFC president Dana White added that his organization will spend an estimated $700,000 to restore the grass on the South Lawn after the event. The Impact on the White House Trump told reporters last month that the arena will be able to hold 4,500 spectators for the event – most of them military members with no public tickets available. An additional 75,000 to 100,000 people will be able to watch on screens from the Ellipsis near the White House. The Future of the UFC Arena The Freedom 250 card, which has received a lukewarm reception from fighters and fans, will feature two title fights: Ilia Topuria v Justin Gaethje for the lightweight belt and Alex Pereira v Ciryl Gane for the heavyweight title.
#Donald Trump #UFC #White House
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Sports Jun 04, 2026

Epsom's Derby Reboot: Free Parking and £2m Prize Fund Put to the Test

Epsom's Derby is set to test its five-year plan to revive the event's popularity, with a £2m prize …
The Lead Epsom's Derby is preparing for its first major test of its ambitious five-year plan to revive the status and popularity of the event. The plan, unveiled in December, aims to return the Derby to a six-figure aggregate attendance over the two days of Epsom's Classic meeting. The Event Details The key features of the plan include a boost in the Derby's prize fund to £2m, with a £1m first prize, and free admission for under-18s to the main enclosure. The £30 charge for cars entering the Hill enclosure has also been dropped, while temporary 'bleacher' seats will provide a 'bird's eye' view of the closing stages. The Data Analysis Last year's Derby attendance was a low 22,312 paying spectators. The event's organizers are hoping for a significant increase in attendance, with a target of more than doubling the aggregate attendance of 37,500 in 2025. The Impact Analysis The decline of the Derby's popularity over the last couple of decades has been a concern for the sport's committed fans. The event's revival is crucial not only for the fans but also for the sport as a whole. The Derby's unique and historic attributes, including its setting on common land with free admission to the Hill enclosure, make it an attractive event that can draw large crowds. The Prediction The early omens for the Derby's revival are promising, with the news that the king and queen will be attending the event on Saturday. The weather forecast is also more favorable this year, which could contribute to a higher attendance. However, the absence of the best three-year-old colt in Europe, Constitution River, who instead ran in the French Derby, may be a disappointment for some fans.
#Epsom Derby #Horse Racing #The Guardian
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Sports Jun 02, 2026

Everton Target Hayden Hackney Amidst Fierce Competition for Championship Star

Everton is pursuing Middlesbrough midfielder Hayden Hackney, the Championship's player of the seaso…
The LeadEverton is making moves to sign Championship star Hayden Hackney from Middlesbrough, but faces significant competition from several Premier League clubs for the highly-rated midfielder.The Transfer TargetHayden Hackney, 23, has emerged as one of the most promising midfield talents in English football after being named the Championship's player of the season. The versatile player, capable of operating as both a defensive and attacking midfielder, has one year remaining on his contract at Middlesbrough following the club's failure to secure promotion to the Premier League.Everton manager David Moyes has reignited interest in the player he considered signing 12 months ago, as the Toffees look to strengthen their central midfield options. The England Under-21 international inadvertently became part of the "Spygate" scandal when Southampton spied on Middlesbrough's training session to assess his fitness for a playoff match.The Competition LandscapeEverton is not alone in pursuing Hackney, with several Premier League clubs monitoring the player's impressive form last season. Brighton, Tottenham, Nottingham Forest, Leeds, and managerless Crystal Palace have all expressed interest in securing the midfielder's services.The competition underscores the high regard in which Hackney is held across the English football landscape, with multiple top-flight managers seeing him as a potential solution to their midfield needs.The Financial PictureMiddlesbrough is expected to command a fee of £10m-£15m for their prized asset, reflecting both his current contract situation and his proven performance at the Championship level. The relatively modest price tag could make him an attractive option for clubs looking for value in the current market.Everton has not yet submitted a formal bid but is understood to be working on a deal that could see the player move to Goodison Park this transfer window.The Strategic ImpactFor Everton, securing Hackney would represent a significant statement of intent as they look to rebuild their midfield. The versatile nature of his game would provide Moyes with tactical flexibility, while his experience in the Championship could translate well to the Premier League with proper development.Middlesbrough, meanwhile, faces the prospect of losing their best player after failing to achieve promotion, potentially setting back their own ambitions for another season in the second tier.The Transfer OutlookWith multiple clubs in the mix, the race for Hackney's signature is expected to intensify in the coming days. The player's preference could ultimately determine his destination, with Everton hoping their renewed interest and Moyes's previous admiration will give them an edge in the negotiations.Regardless of the outcome, Hackney's situation highlights the growing trend of Championship players attracting significant attention from Premier League clubs, particularly those with the versatility to impact games in multiple positions.
#Everton #Hayden Hackney #Middlesbrough
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Sports Jun 02, 2026

London City Lionesses Poised to Land Mary Earps and Mapi León in Trophy‑Driven Push

London City Lionesses are set to sign England goalkeeper Mary Earps and Barcelona defender Mapi Leó…
London City Lionesses are on the verge of securing two of the WSL’s most celebrated players – England goalkeeper Mary Earps and Barcelona defender Mapi León – on free transfers once their contracts expire at the end of June 2026. The moves are part of owner Michele Kang's strategy to blend on‑field quality with off‑field marketability.Free‑Transfer Targets: Earps and León Set to Join After JuneThe Guardian reports that agreements have been reached for both players to sign with London City when their current deals conclude. Earps, 33, returns from Paris Saint‑Germain after two seasons, while León, 31, will leave Barcelona after nine years.Financial Implications of Zero‑Fee Signings for a Growing ClubBoth contracts are free transfers – no transfer fee payable.Earps brings a 2022‑23 WSL Golden Glove and a Women’s FA Cup win (2024).León is a four‑time UEFA Women’s Champions League winner.Potential salary commitments are offset by anticipated rise in ticket sales and sponsorship.Strategic Impact on WSL Competition and Fan GrowthThe acquisitions aim to elevate London City’s on‑field performance and attract a broader fanbase. Earps’ popularity in England and León’s reputation for ball‑playing defending align with the club’s vision of an attractive playing style.What the New Arrivals Signal for London City’s FutureAnalysts expect the signings to push the Lionesses into the top tier of the league, challenge for domestic trophies, and increase commercial revenue. Success could also set a precedent for other independent clubs to pursue high‑profile free agents.
#London City Lionesses #Mary Earps #Mapi León
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