Playtech raises 2026 guidance above 300 million euros

Playtech raised its 2026 forecasts after its operations in the Americas performed above expectations in the period between July 1 and October 31. The company expects annual adjusted EBITDA to exceed 300 million euros. The previous analyst consensus was at 279 million euros.

The company pointed to its US partnership with Hard Rock Digital as the main reason for the increase. Playtech said that through an investment in a product based on Past Motor Racing (PMR) results, it gained an early position in the US market. The product was launched alongside Hard Rock Digital in the first half of 2026, and revenues remained strong over the following six months.

Playtech also said that conditions in Mexico and Colombia were positive following the Men's FIFA World Cup. For 2027, the company expects competition in the PMR segment to increase. It said that as third-party suppliers enter the market, they are expected to take a larger share of customer spending.

Peel Hunt raised its 2026 adjusted EBITDA forecast for Playtech by 6 percent to 300 million euros. The brokerage left its 2027 operating forecasts unchanged and maintained its Buy rating and 690.0 pence target price. The company also reported that political and regulatory developments in Brazil will affect 2026 EBITDA over a three-month period, and that it expects to absorb this impact this year. Playtech also continues to bear the full cost of the higher Remote Gaming Duty in the UK, which took effect in April 2026.