Playtech shares boosted as gaming tech agency performs forward of expectations

Playtech PLC (LSE:PTEC) shares rose sharply on Thursday after the gaming tech agency advised buyers that first-half buying and selling beat market expectations as fast progress within the Americas pushed adjusted earnings sharply larger.

The playing know-how group expects adjusted EBITDA of greater than €155 million for the six months to 30 June 2026, pushed by robust efficiency within the US and continued momentum in Mexico, Colombia and elements of Europe.

For the complete 12 months, Playtech now expects adjusted EBITDA of at the very least €270 million, comfortably forward of the €219 million imply analyst consensus cited by the corporate earlier than the replace.

Management flagged that second-half earnings are anticipated to be decrease than H1. Playtech mentioned it had benefited materially from being first to market with Hard Rock Digital on an progressive Past Motor Racing product, however income from the operator is anticipated to settle at a decrease, extra sustainable stage in H2 and into 2027.

The group additionally pointed to funding in a major Brazil partnership, forward of an anticipated signing and launch, and the complete H2 impression of upper UK Remote Gaming Duty, which took impact in April 2026.

Chief government Mor Weizer mentioned Playtech’s US efficiency, pushed by Hard Rock Digital, had been “exceptionally strong”, including that the group was seeing returns from investments revamped current years.

Playtech will report interim outcomes for the six months to 30 June on 10 September 2026.

In London, Playtech shares have been up 51.4p or 16%, altering arms at 371.6p.