Playtech has announced that Peel Hunt has been appointed as a Joint Corporate Broker, joining Jefferies International in the role with immediate effect.
The appointment is intended to provide additional support for the company’s corporate brokerage activity and investor engagement.
The appointment coincides with recent legal proceedings between Playtech and Evolution where Evolution's share price dipped 8%. The dispute, which has received industry attention since 2021, contributed to share price volatility in late 2025.
Over the past year, Playtech’s share price initially dropped 60% followed by a 30% fall in October. Peel Hunt maintained a Buy rating on Playtech, describing the company as operating more as an investment vehicle for the gambling sector than a pure technology provider.
Analysts Ivor Jones and Douglas Jack noted that the potential within Playtech’s investment portfolio was underappreciated, while risks to its core operating business had weighed on the share price.
The firm’s aggregate balance sheet valuation of Playtech’s investments stood at £3.22 ($4.32) per share in the first half of 2025, but Peel Hunt estimated it could range between £2.50 and £5.93 per share.
Now, Peel Hunt will work alongside Jefferies International to provide brokerage services that support Playtech’s engagement with the market. This appointment comes shortly after a series of notable investments in the gambling and leisure sector.
In the United States, Blackstone secured an $800m investment in the CityCenter complex, with Realty Income providing preferred equity for the Aria-Vdara property. Meanwhile, in Australia, regulators approved The Star’s AU$300m (US$193m) investment conversion into equity.
In the legal dispute between Playtech and Evolution, both companies stated their positions and denied wrongdoing
