Playtech forecasts €300m adjusted EBITDA for 2026 amid market pressures
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Playtech expects adjusted EBITDA of €300 million (£250 million) for 2026, above the analyst consensus previously cited, as it manages the effects of Brazil's online betting prohibition and UK tax changes. The company said its Hard Rock Digital partnership and US revenue growth supported performance, but gave no US growth figure.
Playtech expects adjusted EBITDA of €300m (£250m) for 2026, above the analyst consensus previously cited.
Brazil's online betting ban and higher UK taxes affected third-quarter trading, while the company cited the US, Colombia and Mexico as offsets. It had absorbed three months of the ban's impact on 2026 EBITDA, but expected a greater effect if the prohibition remained in place in some form.
The company had absorbed the full effect of the UK remote gaming duty increase from 21% to 40% on 1 April 2026. Two other tax increases were also due to take effect on 1 April 2026. Playtech has focused on managing costs in response to the tax increases.
US revenue grew in the second half of 2026, but no figure was published. Playtech owns 30.8% of Mexican gaming operator Caliente.
Chief executive Mor Weizer said Mexico and Colombia had benefited from momentum following the FIFA Men's World Cup.
Brazil's licensed operators had until 5 October to close their platforms, and the ban is under review by the Supreme Federal Court. The court could reject the ban, or Congress could reject or amend it.