Playtech has raised its full-year 2026 adjusted EBITDA outlook after first-half trading came in ahead of analyst expectations, driven mainly by growth in the Americas.
The gambling technology supplier said it expects adjusted EBITDA for the six months to 30 June 2026 to exceed €155m. It now expects adjusted EBITDA for the year to 31 December 2026 to reach at least €270m, above the previous analyst consensus range of €205m to €225m.
The update confirms the growing importance of Playtech’s Americas exposure following its shift toward a more B2B-focused structure.
In 2025, Playtech reported group revenue of €763.6m, adjusted EBITDA of €197m and a statutory post-tax profit of €2.25bn, with the latter affected by the Snaitech disposal.
Playtech completed the €2.3bn sale of Snaitech in 2025 and returned about €1.8bn to shareholders through a special dividend, leaving the group more dependent on B2B operations, investment income and selected B2C assets.
The latest trading update points to Hard Rock Digital as a major driver of US performance. Playtech said it benefited from being first to market with Hard Rock Digital on products based on Past Motor Racing results, although revenue from that operator is expected to normalise in H2 2026.
Latin America remains another key part of the group’s earnings mix. Playtech holds a 30.8% stake in Caliente Interactive and said Mexico and Colombia continued to perform strongly.
The supplier is also investing in a planned Brazil partnership, with contributions expected from 2027.
Brazil’s regulated betting market began operating under federal rules in 2025, creating a licensing framework for operators and suppliers entering the country.
UK conditions remain more difficult after Remote Gaming Duty increased from 21% to 40% from 1 April 2026. Playtech said H2 adjusted EBITDA is expected to be lower than H1 as the full impact of the tax change is absorbed.
Playtech will publish its H1 2026 interim results on 10 September. The trading update did not disclose H1 revenue or net income.
In April, Playtech also faced renewed legal pressure after Evolution sought to add it as a defendant in a US defamation case linked to a 2020 report on alleged regulatory failures. Playtech said it would defend itself against the claims.
Playtech said Hard Rock Digital is expected to remain one of its largest customers, despite a lower revenue run-rate in H2 2026
