HomeNewsCompany UpdatesPlaytech Shares Surge 18% on Strong H1 Results

Playtech Shares Surge 18% on Strong H1 Results

Playtech’s shares jumped 18% after the gaming technology provider reported first-half 2026 results that significantly exceeded market expectations, driven by strong growth across the Americas.

The company expects adjusted EBITDA to exceed €155 million for the first half of the year, well above analysts’ forecasts, prompting a positive market reaction.

Americas Fuel Strong Performance

Playtech said growth was led by the United States, Mexico, and Colombia, with additional support from several European markets.

A key driver was its partnership with Hard Rock Digital, where a new product based on Past Motor Racing results generated strong customer demand.

CEO Mor Weizer said the company’s investments in the U.S. are now delivering meaningful returns, contributing significantly to profitability and cash flow.

Full-Year Outlook Raised

Despite expecting a softer second half due to higher UK Remote Gaming Duty and continued investment in Brazil ahead of a major partnership planned for 2027, Playtech raised its full-year guidance.

The company now forecasts adjusted EBITDA of at least €270 million, comfortably above analyst consensus estimates of €219 million.

Playtech said its interim results for the six months ended June 30 will be published on September 10, alongside a presentation in London that will also be available via webcast.

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