Playtech sees strong growth in the Americas in 2026

London-listed gaming technology provider says full year trading is ahead of expectations

Playtech said Tuesday that it expects to generate adjusted EBITDA of more than €300 million in 2026, driven by a continued strong performance in the Americas.

In a trading update this morning, the gaming technology provider said that trading was ahead of expectations for the period from 1 July to 31 October, driven by its partnership with Hard Rock Digital.

Following an extended period of investment developing a new product based on Past Motor Racing (PMR) results, Playtech benefitted materially from being first to market with Hard Rock Digital with PMR in the first half of this year, with revenue continuing to perform strongly in H2.

However, as previously noted by the supplier, the introduction of other PMR suppliers is underway and is expected to have a more material impact on Playtech's wallet share into 2027.

Following the recent political and regulatory developments in Brazil, Playtech expects to be able to absorb the three-month impact on adjusted EBITDA in 2026, with a more significant impact expected in 2027 should the existing market shutdown not be lifted.

The company also continues to absorb the full impact of increased Remote Gaming Duty in the United Kingdom from 1 April, with a full year of impact to come in 2027 alongside increased taxation across other European markets.

Playtech CEO Mor Weizer commented: "We have continued to deliver an excellent performance in 2026 to date, reflecting sustained momentum in regulated markets, notably the Americas. Performance in the US, driven by our partnership with Hard Rock Digital, has remained strong, contributing significantly to profitability and cash flow, while Mexico and Colombia have benefitted from tailwinds after the Men's FIFA World Cup.

"Looking to 2027, we expect performance to reflect growing competition from third-party PMR suppliers in the US, political and regulatory developments in Brazil and the first full-year impact of increased Remote Gaming Duty in the UK. That said, we remain confident in the underlying strength of the business and the significant opportunities ahead as we continue to expand our presence in regulated and regulating markets and work towards the top-end of our medium-term targets."

Playtech expects adjusted EBITDA for the year to be over €300 million, above the current analyst estimates of between €271 million and €285 million.

Shares in Playtech plc (LSE:PTEC) were trading 1.24 per cent lower on the news at 363.82 pence per share in London Tuesday morning.