Playtech (LSE:PTEC) reported first-half 2026 revenue of €425.1 million, an increase of 10%, while adjusted EBITDA rose 77% to €162.5 million.
The company generated €101 million of free cash flow during the period and ended the first half with a net cash position of €39.2 million. Playtech also completed €25 million of share buybacks.
B2B revenue increased 14%, with the segment’s adjusted EBITDA margin reaching 32%. The company also reported increased investment income from its interests in Caliente and Hard Rock Digital.
Playtech said it remains on track to exceed €270 million of adjusted EBITDA for the full 2026 financial year.
Americas Revenue Increases
In the U.S. and Canada, revenue increased 161%, with Playtech citing its relationship with Hard Rock Bet and launches in additional U.S. states among the factors affecting the result.
The company expanded its regulated U.S. iGaming operations to six states during the period.
Latin American revenue increased 29% on an underlying basis. Playtech said trading in the region was also affected by activity associated with the FIFA World Cup.
Software-as-a-Service revenue increased 20% during the first half. Playtech Protect, the company’s safer gambling technology, was being used by 41 brands across 16 jurisdictions.
B2C revenue, which primarily includes Sun Bingo, declined during the period as Playtech continued to wind down the HAPPYBET business. B2C EBITDA, however, increased.
More about Playtech
Playtech plc provides software, content and services to the online gambling industry.
Its operations include B2B software and live casino services, Software-as-a-Service products and B2C activities including Sun Bingo.
The group also has investments in businesses including Caliente Interactive and Hard Rock Digital. Its operations are divided between B2B activities, investment income and B2C businesses.
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