Playtech has forecast its full-year adjusted EBITDA at a minimum of €270 million, significantly above the current analyst consensus figure of €219 million.
The UK-based gaming supplier delivered first-half adjusted EBITDA of over €155 million, representing a 70% year-over-year increase for the six months ending June 30, 2026.
Strong performances across the United States and Latin American markets, particularly Mexico and Colombia, were credited as the primary drivers behind the impressive half-year results.
CEO Mor Weizer said: “We achieved an excellent performance in the first half of 2026, reflecting continued momentum in regulated markets, notably the Americas and certain European markets.”
Weizer added that the US performance, driven by the company’s partnership with Hard Rock Digital, had been “exceptionally strong,” with returns on investments accelerating and contributing significantly to profitability and cash flow.
Hard Rock Digital, the online betting and gaming arm of Hard Rock International, has emerged as one of Playtech’s largest customers and is expected to maintain that status going forward.
However, Playtech acknowledged that revenue from Hard Rock Digital is likely to continue at a lower but more sustainable level during the second half of 2026 and into 2027.
The company also flagged that second-half adjusted EBITDA will be lower than H1, partly due to the rise in Remote Gaming Duty to 40% in the UK, which came into force in April 2026.
Playtech is investing in a significant partnership in Brazil, which the company expects to support growth heading into 2027, though no further details were provided at this stage.
Recent commercial activity has also included a partnership with FanDuel for online poker and a separate deal with the UK’s Solaya Group covering online bingo products.
Weizer noted that Playtech “continues to further establish itself in regulated and regulating markets going into the second half of the year,” expressing satisfaction with progress toward medium-term targets.
The company confirmed it looks forward to publishing its full interim results in the coming weeks, giving investors a more detailed breakdown of the first-half performance.
Markets responded positively to the trading update, with Playtech shares surging nearly 19% to 375.60 pence by 0750 GMT on the day of the announcement.
