Playtech (PTEC) Trading update summary

Trading performance highlights

• H1 2026 trading significantly exceeded market expectations, driven by strong results in the US and continued growth in Mexico, Colombia, and select European markets.

• Adjusted EBITDA for H1 2026 is expected to exceed €155 million, reflecting accelerated momentum in the Americas.

• Partnership with Hard Rock Digital delivered substantial gains, making it one of the largest customers, though revenue is expected to normalize at a sustainable level in H2 2026 and beyond.

Outlook and guidance

• Adjusted EBITDA for FY 2026 is now forecast to be at least €270 million, well above the previous analyst consensus of €219 million.

• H2 2026 EBITDA is expected to be lower due to normalization of Hard Rock Digital revenues, investment in a major Brazil partnership, and the full impact of increased UK Remote Gaming Duty.

• The Brazil partnership is anticipated to contribute to growth from 2027.

Interim results and investor engagement

• Interim results for H1 2026 will be published on 10 September 2026, with an in-person and webcast presentation scheduled.

• Investors and analysts are invited to register for the results presentation.