Playtech raises 2026 EBITDA forecast above 300 million euros

Playtech, a B2B technology provider listed on the London Stock Exchange, said it performed above expectations in the period from 1 July to 31 October 2026. The company stated that this result was largely driven by strong performance in the Americas. It announced that it expects adjusted EBITDA for the year ending 31 December 2026 to exceed 300 million euros. This forecast is above the average expectation of analysts.

Playtech noted that, after a long investment period, it developed a product based on Past Motor Racing (PMR) results. The company said that being the first market entrant with Hard Rock Digital in this area provided significant benefits in the first half of 2026, and that revenues remained strong in the second half. However, it was reported that other third-party PMR providers have started to enter the market and are expected to have a more visible impact on market share in 2027. Increasing competition in the US was listed among the obstacles the company will face next year.

Playtech said that recent political and regulatory developments in Brazil could absorb a three-month impact in 2026. It stated that it expects a larger impact in 2027 if the current market closure is not lifted. The company said it is still feeling the effect of the Remote Gaming Duty increase in the UK, which has applied since April 2026, and that the full-year impact will come in 2027. It was also reported that tax increases in other European markets add to this picture.

CEO Mor Weizer said the 2026 performance reflects sustainable momentum. He said the Hard Rock Digital partnership in the US has made a significant contribution to profitability and cash flow, while Mexico and Colombia have fallen behind following the men's World Cup. Weizer added that the company trusts the underlying strength of the business and will continue to expand its presence in regulated markets.