Playtech says 2026 trading ahead of expectations on Americas strength
Playtech plc said trading for the four months to 31 October 2026 had come in ahead of expectations, with full-year Adjusted EBITDA now expected to exceed €300 million, though it flagged growing pressures for 2027.
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Playtech plc said on 10 November 2026 that trading for the period from 1 July to 31 October 2026 had been ahead of expectations, driven by continued strong performance in the Americas.
The company said it now expects Adjusted EBITDA for the year ending 31 December 2026 to be over €300 million, which it said was above current analyst consensus.
Playtech said it had benefited materially from being first to market with Hard Rock Digital with a product based on Past Motor Racing (PMR) results, following an extended period of investment, with revenues continuing to perform strongly in the second half of the year. However, the company said the introduction of other third-party PMR suppliers was now underway and was expected to have a more material impact on its wallet share into 2027.
On Brazil, Playtech said that following recent political and regulatory developments it expected to be able to absorb the three-month impact on Adjusted EBITDA in 2026, but that a more significant impact was expected in 2027 should the existing market shutdown not be lifted.
The company also said it continued to absorb the full impact of the increase in UK Remote Gaming Duty, which took effect in April 2026, with a full year of impact to come in 2027 alongside increased taxation across other European markets.
Chief executive Mor Weizer said: “We have continued to deliver an excellent performance in 2026 to date, reflecting sustained momentum in regulated markets, notably the Americas.”
Playtech said that, looking to 2027, performance was expected 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 the increased UK Remote Gaming Duty.