Trading Update
Summary by AI BETAClose X
10 November 2026
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED UNDER ASSIMILATED REGULATION (EU) NO. 596/2014 WHICH IS PART OF THE LAWS OF THE UNITED KINGDOM BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (AS AMENDED)
FOR IMMEDIATE RELEASE
Playtech plc
(“Playtech” or the “Company”)
Trading Update
2026 ahead of expectations driven by Americas outperformance
Playtech plc (LSE: PTEC) is pleased to report trading ahead of expectations for the period from 1 July 2026 to 31 October 2026, driven by continued strong performance in the Americas.
The Company now expects Adjusted EBITDA for the year ended 31 December 2026 to be over €300 million, above the current analyst consensus1.
Following an extended period of investment developing an innovative product based on Past Motor Racing (PMR) results, Playtech benefitted materially from being first to market with Hard Rock Digital with PMR in H1 and revenues continued to perform strongly in H2. However, as previously flagged, the introduction of other third-party PMR suppliers is underway and is now expected to have a more material impact on Playtech’s wallet share into 2027.
Elsewhere, following the recent political and regulatory developments in Brazil, Playtech expects to be able to absorb the three-month impact on Adjusted EBITDA in 2026, with a more significant impact expected in 2027 should the existing market shutdown not be lifted. The Company also continues to absorb the full impact of increased Remote Gaming Duty in the UK, which became effective in April 2026, with a full year of impact to come in 2027 alongside increased taxation across other European markets.
Mor Weizer, CEO, said:
“We have continued to deliver an excellent performance in 2026 to date, reflecting sustained momentum in regulated markets, notably the Americas. Performance in the US, driven by our partnership with Hard Rock Digital, has remained strong, contributing significantly to profitability and cash flow, while Mexico and Colombia have benefitted from tailwinds after the Men’s FIFA World Cup.
“Looking to 2027, we expect performance to reflect growing competition from third-party PMR suppliers in the US, political and regulatory developments in Brazil and the first full-year impact of increased Remote Gaming Duty in the UK. That said, we remain confident in the underlying strength of the business and the significant opportunities ahead as we continue to expand our presence in regulated and regulating markets and work towards the top-end of our medium-term targets.”
Notes:
1 Current analyst estimates for Playtech’s Adjusted EBITDA in the year ended 31 December 2026 prior to this announcement ranged from €271 million - €285 million, with a mean consensus of €279 million across 7 analysts with estimates updated since our H1 2026 results. The 2 analysts with outdated estimates have been excluded.
Current analyst consensus for Playtech’s Adjusted EBITDA in the year ended 31 December 2027 is €266 million across the same analysts.
This announcement has been issued by, and is the sole responsibility of, Playtech.
The person responsible for making this announcement is Rohan Chitale (Director of Investor Relations).
– ENDS –
For further information please contact:
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Playtech plc |
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Rohan Chitale, Director of Investor Relations |
+44 (0) 20 3805 4822 |
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Headland (PR adviser to Playtech) |
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Lucy Legh, Jack Gault |
+44 (0) 20 3805 4822 |
About Playtech
Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech is a leading global B2B technology provider to the online betting and gaming industry. The Company has over 7,400 staff across 20 countries and operates in more than 50 regulated and regulating jurisdictions worldwide.
Playtech provides operators with a full proprietary, end-to-end, turnkey solution including its platform (PAM+), content and services, enabling customers to deliver an innovative, seamless and responsible player experience, supported by industry-leading player protection technology. Playtech's product suite covers the industry's most popular verticals including casino, live casino, sports betting, bingo and poker.
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