Playtech says start to year busy amid sharp revenue growth in US

Playtech PLC on Wednesday said it continued to see strong revenue growth in the US but noted initial headwinds amid new regulations in Latin American markets.

The Isle of Man-based gambling software developer said its performance in the first four months of 2025 was ‘solid’, as it traded in line with expectations.

Playtech said software fees from Caliplay had strong growth, while it had very strong revenue growth in the US across Live, Casino and Platform.

The company reiterated it had initial headwinds following new regulations in Latin American markets. It said Brazil was impacted by the transition to a regulated market, while Colombia introduced a temporary value added tax charge. ‘We remain positive about the opportunities these markets present to our business,’ Playtech said.

Chief Executive Officer Mor Weizer said: ‘It has been a busy start to the year for Playtech as we transition to a predominantly pure-play business-to-business business. With the sale of Snaitech now completed, we have significantly strengthened our balance sheet and will return approximately €1.8 billion to shareholders as a special dividend.

‘Our core B2B business has delivered a solid performance in the first four months of the year, with a standout performance in the US. Given the strategic and operational progress being made across the business, we remain confident in Playtech’s ability to execute on the exciting growth opportunities over the medium term.’

Playtech shares fell 1.3% to 348.00 pence each on Wednesday morning in London.

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