Record 2022 numbers for Playtech

Playtech rounded off 2022 with record revenue and adjusted earnings, with growth in the Americas and Europe – the UK aside – fuelling the numbers.

Group revenue increased year-on-year to €1.6bn, up 33 per cent from €1.2m. Adjusted EBITDA, meanwhile, grew 28 per cent to €405.6m. The company is subsequently targeting medium-term adjusted EBITDA for its B2B segment of between €200m and €250m.

Mor Weizer, CEO of Playtech, said that:

“in spite of the continued macro-economic and political uncertainty,” Playech remains: “confident in our future prospects, as well as our ability to deliver value to all our stakeholders in a sustainable and responsible way.”

Playtech’s total B2C revenue, including Snaitech and white-label, grew 48 per cent year-on-year to €983.1m and adjusted EBITDA was €245.4m compared with €177.9m in 2021.

The medium-term adjusted EBITDA target for Snaitech has been set at between €300m and €350m.

Source: intergameonline.com

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