Continued growth in the Americas and certain European markets contributes to “excellent” start to the year
Playtech’s shares climbed more than 3 per cent on Wednesday as the London-listed gaming technology provider reported strong trading during the first four months of 2026.
The company said it had delivered a “very strong start” to 2026, with continued momentum in regulated markets. This was driven by a stronger-than-expected performance in the Americas, including the United States and Mexico, alongside strong trading in certain European markets.
Playtech also recorded a solid performance from its Live casino offering, as returns on the company’s investments in recent years accelerate.
“We have made an excellent start to 2026, with strong trading in the first four months of the year reflecting continued momentum in regulated markets, notably the Americas and certain European markets,” said Playtech CEO Mor Weizer. “Performance in the US, in particular, has been encouraging, as returns on our investments over recent years continue to accelerate and contribute meaningfully to profitability.
“Meanwhile, our partnership with Caliente Interactive in Mexico continues to perform strongly, with the upcoming World Cup representing a significant opportunity to further strengthen Caliente’s leadership position in the market.
“Despite the ongoing sector headwinds, the combination of Playtech’s strong expansion in regulated markets, diversified footprint, highly scalable technology and deep partner relationships, leaves the group well positioned to capture the significant market opportunity ahead.”
Playtech also confirmed that Ian Penrose has notified the company of his intention to step down from the Board.
At the request of chairman John Gleasure, Penrose has agreed to remain as a non-executive director, senior independent director and chairman of the Audit and Risk Committee, until after the publication of the group’s final results for the year ending 31 December 2026.
“On behalf of the Board, I’d like to express our thanks to Ian for his invaluable contribution during what has been a period of significant shareholder value creation and strategic transition since his appointment in 2018,” said Gleasure. “We are grateful that he has agreed to remain with us until Spring 2027 to ensure a smooth transition of his roles.
“Ian has brought deep global industry experience to Playtech, and has always shown total commitment and dedication during what will have been almost 9 years of service to Playtech. We wish him all the best in his future endeavours.”
Shares in Playtech plc (LSE:PTEC) were trading 3.51 per cent higher at 375.95 pence per share in London earlier Wednesday.