Playtech is set to outperform market expectations this year thanks to record earnings in H1 driven by success in high-growth regions such as the US and Latin America.
In a trading update for the six-month period to 30 June 2023, the gambling technology group said revenue was up 8% year-on-year to €859.6m [$919.9m]. Within this, its B2C business – including Snaitech, HAPPYBET and Sun Bingo – was up 9% to €532.1m, while B2B grew 7% to €334.5m.
Chief executive Mor Weizer said: “Our success in the period was driven by our diversified portfolio, spanning B2B and B2C, in some of the fastest-growing regulated markets around the world”…
In B2B, the Americas was the standout region during the period, with revenue growth of 43% to €99.7m.