Playtech Raises 2026 EBITDA Outlook Above €300 Million

Playtech now expects adjusted EBITDA of more than €300 million for 2026 after trading between July 1 and October 31 exceeded expectations.

The updated outlook surpasses the €279 million consensus compiled from seven analysts, whose estimates ranged from €271 million to €285 million before the announcement. Playtech attributed the stronger performance to its Americas business.

Americas Drive Outperformance

CEO Mor Weizer highlighted the contribution of Playtech’s US partnership with Hard Rock Digital to profitability and cash flow. Mexico and Colombia also benefited from activity following the men’s FIFA World Cup, according to the company.

Playtech said its early launch of products based on Past Motor Racing results with Hard Rock Digital materially supported first-half performance, with revenue remaining strong in the second half. These products use completed motor-racing results to determine outcomes. 

Three Pressures Shape 2027 Outlook

The company expects competing Past Motor Racing suppliers to have a greater effect on its share of customer spending in 2027.

Brazil presents a separate risk. Playtech expects to absorb three months of disruption in its 2026 results, but warned that the impact would be more significant in 2027 if the market remains closed.

The business also faces the first full-year effect of higher UK Remote Gaming Duty, alongside increased taxation in other European markets. 

Analysts’ current consensus for 2027 adjusted EBITDA is €266 million. That is an external estimate rather than formal company guidance.

For context, Playtech reported first-half 2026 adjusted EBITDA of €162.5 million, up 77% year-on-year, on revenue of €425.1 million.