Playtech’s H2 2025 Update Highlights the Company’s Strength

Playtech has published its trading update for H2 2025, reporting strong performance and setting optimistic expectations for its financial report. However, the company also acknowledged certain headwinds that it is now facing in certain key markets, such as the UK.

Playtech Bullish on 2025, Optimistic about 2026

The update highlighted Playtech’s continued strength, which was highlighted by strong trading in the second half of 2025. According to the company, the favorable performance was driven by its strong business in the United States and Mexico, especially in the fourth quarter.

Despite the strong momentum, however, Playtech acknowledged that it is currently facing headwinds in certain markets. The company cited the UK as a key outlier due to its recent tax increase, which has been described as a draconian measure by many industry stakeholders.

While Playtech remains cautious, it reiterated confidence in its business, saying that it expects its FY 2025 financial report to show strength. The company said that it expects its adjusted EBITDA for the year to be at least EUR 195 million ($231.3 million). It should be mentioned that the aforementioned figure is “significantly above” the current analyst forecasts.

In addition to that, Playtech reiterated confidence in its outlook for 2026 and its medium-term targets, which include adjusted EBITDA of EUR 250-300 million ($295-354 million), as well as free cash flow of EUR 70-100 million ($82.6-118 million).

Playtech Continues to Gather Momentum

Mor Weizer, Playtech’s chief executive officer, commented on the trading update, saying that he is pleased with the high note Playtech ended 2025 on. He clarified that this is the result of his team’s continuous investments in the Americas, which have led to strong progress in the US and accelerated profitability.

We continue to invest selectively into the US and elsewhere in the Americas, where we see additional growth opportunities. While we remain mindful of wider sector headwinds, I am excited by the momentum we are building and the significant growth opportunity ahead.

Mor Weizer, CEO, Playtech

Analysts Said Playtech’s Stock Did Not Properly Reflect the Company’s Value

In December, analysts commented on the lawsuit between Playtech and Evolution, which had taken a toll on the former company’s share price. However, experts said that they believe that the lawsuit overshadowed the hidden value of Playtech’s investment portfolio – something that was also echoed in the recent report.

As a result, analysts concluded that the share price reflects the investor cautiousness tied to the lawsuit rather than Playtech’s actual value.