Playtech returned to profitability in H1 2026 with revenue up 10% to €425m from €387m a year earlier. Pre-tax profit came to €113m against a €59m loss in the same period of 2025.
The Americas drove growth. US and Canada revenue jumped 161% to €57m on expanded iGaming and live-casino supply to FanDuel, Fanatics, bet365 and DraftKings across six states. Latin America rose 14% to €100m, or 29% on an adjusted basis.
Playtech's stake in Hard Rock Digital paid €4.4m in dividends against €2.1m a year earlier. Fair value of the holding rose from €178m to €246m, three times the initial €80m investment. The Caliente Interactive partnership in Mexico generated €36m in net cash flow and another €30m from a 30.8% equity stake.
Adjusted EBITDA climbed 77% to €162m, pushing margin from 24% to 38%. B2B adjusted EBITDA rose 75% to €128m. Free cash flow went from €6.6m to €101m.
The UK market weighed on results. B2B revenue fell 8% to €59m after Remote Gaming Duty increased from 21% to 40% in April. B2C operations—Sun Bingo and HappyBet—saw revenue drop 22% to €32m, though the division returned to positive EBITDA.
Playtech expects lower H2 adjusted EBITDA due to normalisation of Hard Rock Bet income in Florida and the full effect of the UK tax increase. The company is working on a major Brazilian partnership for signing by year-end and has opened a live-casino studio in São Paulo. Full-year guidance stands above €270m adjusted EBITDA, exceeding the top end of medium-term targets.
