Playtech delivered a stronger-than-expected first half of 2026, with development within the Americas and better funding earnings serving to drive a pointy enchancment in profitability and money technology.
Revenue reached €425.1 million for the six months to June 30, up 10% from €387.0 million a yr earlier. Adjusted EBITDA climbed 77% to €162.5 million, whereas adjusted post-tax revenue rose 472% to €95.0 million.
Free money movement additionally improved considerably, reaching €101.0 million in contrast with €29.5 million for the complete yr of 2025. The firm ended June with €39.2 million in internet money, excluding IFRS 16 lease liabilities.
Americas Remain Central To Growth
The Americas produced a few of Playtech’s strongest good points. Revenue from the US and Canada elevated 161% yr over yr, supported primarily by Games powered by Past Motor Racing via Hard Rock Bet in Florida.
Playtech expanded its regulated US presence to 6 states after launching in Connecticut. It additionally added Fanatics throughout a number of states, FanDuel in West Virginia and Bet365 in Michigan.
Management expects Florida’s unusually sturdy efficiency to settle at a extra sustainable degree in the course of the second half.
Latin America additionally continued to contribute, with underlying income rising 29%, pushed by Mexico and Colombia. Customer acquisition strengthened in the course of the 2026 FIFA World Cup.
“Playtech has delivered a first half significantly ahead of our expectations at the start of the year, demonstrating the strength of our technology, the quality of our customer partnerships and the disciplined execution of our strategy.”
Investment Income Adds Further Support
B2B income rose 14% to €394.8 million, whereas adjusted EBITDA from the division elevated 75% to €128.1 million. Regulated markets accounted for 83% of B2B income, in contrast with 81% a yr earlier.
SaaS income elevated 20%, whereas Live income grew 8%. Playtech additionally added 13 manufacturers to Playtech Protect in the course of the interval, taking adoption to 41 manufacturers throughout 16 jurisdictions.
Investment earnings offered one other vital contribution. Adjusted funding earnings reached €34.2 million, largely reflecting Playtech’s 30.8% holding in Caliente Interactive. Net dividends from the funding totalled €35.8 million in the course of the first half.
Playtech’s fairness funding in HRD was valued at €246.7 million on the finish of June, up from €178.8 million at December 31, 2025.
The firm additionally accomplished €25 million of share buybacks in the course of the first half, representing about 1.8% of issued share capital. Since September 2025, Playtech has repurchased 10% of its issued share capital for round €100 million.
The firm mentioned it had made a sturdy begin to the second half however expects adjusted EBITDA to be decrease than in H1 as HRD income normalizes and UK distant gaming responsibility impacts the complete interval.
Playtech stays on observe to generate greater than €270 million in adjusted EBITDA throughout 2026. It additionally expects to succeed in the higher finish of its medium-term adjusted EBITDA and free money movement targets sooner than anticipated.
Source:
“Exceptional H1 profit and cash flow driven by strategic execution in the Americas”, buyers.playtech.com, September 2026
