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PTEC

Playtech

Software & Computer Services

Index
FTSE 250
ISIN
Not specified
Book status
2026 edition — current
01

Company summary

Playtech is a gambling technology company supplying software, platforms and services to online and land-based betting and gaming operators. Following the sale of Snaitech, the business is substantially more focused on its B2B technology operations.

02

Key activities

Online casino, sportsbook, bingo, poker and live-casino software, platform services, managed services and technology supplied to regulated gambling operators.

03

Key markets

Regulated gambling markets worldwide, including Europe, the Americas and selected emerging markets, with increasing exposure to large B2B partners.

04

Key drivers

Growth of regulated online gambling, new customer launches, US and Latin American expansion, live casino, contract renewals, operating margins and deployment of sale proceeds.

05

Key risks

Gambling regulation, customer concentration, taxation, compliance and licensing risk, technology competition, contract execution and changing consumer behaviour.

06

Recent Developments

26 March 2026 full-year results confirmed the strategic shift to a B2B-led group after the Snaitech disposal, with 2025 Group revenue of about €764m. Investors should watch B2B growth, US expansion and capital allocation when interim results are released on 10 September 2026.

07

Dividend notes

Playtech's ordinary dividend record has been overshadowed by major capital returns from disposals. Following the Snaitech sale it distributed a special dividend of approximately €1.8bn, equivalent to €5.73 per share; future ordinary distributions will depend on the smaller B2B-focused group's cash generation.

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