Gambling software firm Playtech says its biggest client, Mexican gambling site Caliplay, has refused to pay for its services amid a long-running legal dispute.
Playtech says that €122 million [$131 million] in fees from 2023 and 2024 are outstanding. Playtech still included the figure in its revenue and profit as it said it was “highly probable” it would be able to collect the money through the courts.
Caliplay and Playtech have been involved in a long-running legal battle as the Mexican firm aimed to get out of its contract.
Profits for 2023, which include the money that wasn’t paid, soared to €235.8 million as revenue grew to €1.7 billion.
