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Playtech Sees FY Adjusted EBITDA Above €300M, Exceeding Expectations

Playtech expects adjusted EBITDA above €300 million for the year to December, versus analyst expectations of €279 million, and cited strong Americas performance.

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09:03:20 AM UTC
SquawkNews
Playtech reported strong trading results for the period between July 1 and October 31, 2026, driven primarily by robust performance in the Americas. As a result, the company now expects its Adjusted EBITDA for the full year ending December 31, 2026, to exceed €300 million, surpassing the previous analyst consensus mean of €279 million. The company noted that it is absorbing a three-month EBITDA impact in 2026 due to regulatory developments in Brazil, while also managing the full-year impact of increased UK Remote Gaming Duty and rising taxation across other European markets. Management warned that if the current market shutdown in Brazil is not lifted, a more significant impact is expected in 2027. Additionally, the company highlighted that while its Past Motor Racing (PMR) content with Hard Rock Digital provided a material boost to revenues in 2026, increased competition from third-party suppliers is expected to reduce its market share in this segment moving into 2027.

For the year to the end of December, the company now expects adjusted earnings before interest, tax, depreciation and amortisation of over €300m, versus analyst expectations €279m.Playtech said that following an extended period of investment developing an innovative product based on Past Motor Raci…

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