Response to statement by Evolution AB
Summary by AI BETAClose X
21 October 2025
Playtech plc
("Playtech" or the "Company")
Response to statement by Evolution AB
Playtech plc (LSE: PTEC) ("Playtech" or the "Company") notes the statement made today by Evolution AB ("Evolution"). The suggestion that its subsidiary, Playtech Software Limited ("PTS"), engaged in a smear campaign is wholly untrue and is designed to distract from serious questions about Evolution's business practices.
PTS commissioned an independent business intelligence firm to investigate credible and repeated concerns raised by operators, suppliers and regulators about Evolution's activities in prohibited and sanctioned markets, and its supply to unlicensed operators in regulated markets. The investigation was undertaken lawfully to better understand and verify concerns of significant regulatory and commercial importance.
The report published, as a result of the investigation, clearly evidences that Evolution's business practices undermine lawful and compliant gambling operations. Such conduct damages trust in the credibility of the entire industry and also ultimately impacts government tax collection.
Playtech stands by the decision to commission the report. Evolution continues to seek to avoid legitimate scrutiny rather than address longstanding questions about its conduct, including its decision to supply operators in illegal markets and to support unlicensed operators in regulated markets.
Playtech welcomes court examination of the report and its findings. Playtech is confident that these proceedings will confirm the credibility and legitimacy of the investigation and the importance of the issues it seeks to address.
- ENDS -
For further information please contact:
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Playtech plc |
+44 (0) 20 3805 4822 |
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Rohan Chitale, Director of Investor Relations |
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Headland (PR adviser to Playtech) |
+44 (0) 20 3805 4822 |
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Lucy Legh, Jack Gault |
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About Playtech
Founded in 1999 and with a listing on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling industry with over 7,400 employees across 20 countries.
Playtech is the gambling industry's leading technology company delivering business intelligence driven gambling software, services, content and platform technology across the industry's most popular product verticals, including, casino, live casino, sports betting, bingo and poker. It is the pioneer of omni-channel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online.
Playtech partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data-driven gambling technology across the online and retail value chain. Playtech provides its technology on a B2B basis to the industry's leading online and retail operators, land-based casino groups and government sponsored entities such as lotteries.
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