Playtech Profit Surge
Playtech Reports 77 Percent EBITDA Surge Driven by Strong Americas Growth
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Key Points
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Playtech reported post-tax profit of €95.0 million, up 472% year over year, and ended the first half with a net cash position of €39.2 million.
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The company’s Hard Rock Digital investment generated €4.4 million in dividends, up from €2.1 million, while the fair value of Playtech’s stake rose from €178 million to €246 million—more than three times its approximately €80 million original investment.
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Playtech expanded its U.S. iGaming and live-casino content with FanDuel, Fanatics, bet365 and DraftKings across New Jersey, Michigan, Pennsylvania, West Virginia, Delaware and Connecticut.
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CEO Mor Weizer attributed Latin American growth to a revised agreement with Caliente Interactive and said the U.S. performance was driven by Playtech’s partnership with Hard Rock Digital.
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Playtech’s basic and diluted earnings per share from continuing operations turned positive at €0.349 and €0.342, respectively, compared with losses of €0.254 per share a year earlier.
Playtech reported a sharp profit surge in the first half of 2026, with adjusted EBITDA jumping 77% year-over-year to €162.5 million on €425.1 million in revenue. Investing The online gambling technology company said the strong results came from aggressive expansion in the Americas, where revenue from the United States and Canada nearly tripled to €57 million.
Post-tax profit hit €95 million, up 472% from a year earlier, and Playtech ended the period with a net cash position of €39.2 million. ShareCast The company reaffirmed its full-year outlook for more than €270 million in adjusted EBITDA for 2026, signaling confidence in sustained momentum.
Americas Expansion Drives Revenue Surge
Playtech's U.S. and Canadian revenue skyrocketed 161% to €57 million, fueled by partnerships with major operators. Gaming Intelligence The company expanded its iGaming and live-casino content across New Jersey, Michigan, Pennsylvania, West Virginia, Delaware and Connecticut with FanDuel, Fanatics, bet365 and DraftKings. Trading Union Latin American revenue grew 14% to €100 million, supported by a revised agreement with Caliente Interactive.
Hard Rock Digital Investment Delivers Windfall Returns
Playtech's stake in Hard Rock Digital became a major profit driver. SBC News Dividends from the investment jumped to €4.4 million from €2.1 million, while the fair value of Playtech's holding soared from €178 million to €246 million—more than three times its original €80 million investment cost.
Earnings Flip From Loss to Profit
Playtech's earnings per share swung dramatically positive. Trading Union Basic and diluted earnings per share from continuing operations reached €0.349 and €0.342, respectively, reversing losses of €0.254 per share a year earlier. The turnaround reflects improved operational efficiency and strong cash generation across the business.
CEO Attributes Success to Strategy and Partnerships
CEO Mor Weizer credited Playtech's Americas strategy for the exceptional results. ShareCast He pointed to the Hard Rock Digital partnership as key to U.S. performance and the Caliente Interactive agreement as the driver for Latin America. The company warned that second-half earnings will be lower than the first half due to increased U.S. competition and higher UK remote gaming duties.
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