Playtech reported a strong first half of 2026, with growth in the Americas lifting revenue and profitability as the gambling technology group continued its focus on regulated markets.
Revenue reached €425.1 million for the six months ended 30 June, up 10% from €387 million a year earlier. Adjusted EBITDA rose 77% to €162.5 million, while adjusted post-tax profit climbed to €95 million from €16.6 million.
The company generated €101 million in Free Cash Flow during the period. Its net cash position stood at €39.2 million at the end of June after a further €25 million share buyback.
Americas Provide Main Growth Engine
Playtech’s B2B business produced €394.8 million in revenue, a 14% year-on-year increase, while adjusted EBITDA reached €128.1 million. Regulated markets accounted for 83% of B2B revenue.
The strongest regional performance came from the US and Canada, where revenue increased 161%. Playtech attributed much of this performance to Games powered by Past Motor Racing with Hard Rock Bet in Florida. The group also expanded into Connecticut, taking its regulated US presence to six states, while launching with customers in additional states.
Latin America continued to contribute to growth, with revenue increasing 29% on an underlying basis. Mexico and Colombia were key contributors, while customer acquisition during the 2026 FIFA World Cup supported activity.
Outside the Americas, B2B revenue in Europe excluding the UK increased 2%, or 10% excluding one-off hardware sales in the prior-year period. UK B2B revenue declined 8%, reflecting customer changes and higher remote gaming duty.
Investments Add to Financial Performance
Playtech’s investment income also strengthened. Adjusted investment income reached €34.2 million, compared with €19.8 million in H1 2025, supported by its 30.8% interest in Caliente Interactive.
Playtech received €35.8 million in net dividends during H1, including €4.4 million from Hard Rock Digital. The fair value of its Hard Rock Digital investment increased to €246.7 million from €178.8 million at the end of 2025.
Core operations also advanced. Live revenue rose 8%, while SaaS revenue increased 20% and reached 17% of B2B revenue. Playtech Protect added 13 brands, taking adoption to 41 brands across 16 jurisdictions.
B2C revenue declined to €32 million as Playtech continued winding down the remaining HAPPYBET business in Germany, although adjusted EBITDA improved to €0.2 million.
Full-Year Target Remains in Sight
Playtech expects adjusted EBITDA for H2 to fall below the H1 level because of normalising HRD revenue, investment linked to a major Brazil partnership and the full-period effect of higher UK remote gaming duty.
Despite this, the company remains on track to exceed €270 million in adjusted EBITDA for 2026 and reach the upper end of its medium-term targets earlier than expected.
CEO Mor Weizer said: “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.”
Source:
“Exceptional H1 profit and cash flow driven by strategic execution in the Americas”, investors.playtech.com, September 2026
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