Playtech Keeps 2026 EBITDA Outlook Above Analyst Forecasts on US Strength

Playtech said its US, Colombia and Mexico markets offset the impact of the UK tax increase and Brazil's online gambling ban on third-quarter sales. The company said it expects to close 2026 with adjusted EBITDA of 300 million euros (270 million pounds). This figure is above the earlier consensus forecast of analysts.

Brazilian President Lula da Silva's federal ban on online gambling shook the third quarter. Licensed operators were given until October 5 to close their platforms. The ban is currently being debated at the Supreme Federal Court (STF). Playtech said it was able to absorb the three-month impact, but that the effect would be more serious if the ban remains in place.

The company also said it had absorbed the full impact of the increase in the Remote Gaming Duty in the UK from 21% to 40%. This increase took effect on April 1, 2026. Two more tax increases will also take effect on the same date.

The partnership with Hard Rock Digital in the US stood out as strong support. The Past Motor Racing (PMR) product, offered only on the Hard Rock Bet platform in Florida, is one of the line items that contributed to this success. Playtech said US revenues grew in the second half but did not share figures. General Manager Mor Weizer pointed out that competition from third-party PMR suppliers in the US will increase in 2027. The 30.8% stake in Mexican operator Caliente is also an important revenue item for the company.