Playtech has raised its full-year profit guidance to more than €300 million after trading in the Americas ran ahead of expectations, the London-listed gambling software group said on Tuesday 10 November 2026.

The company, which supplies casino, sports-betting and platform software to operators around the world, said trading from 1 July to 31 October was ahead of expectations. It now expects adjusted earnings before interest, tax, depreciation and amortisation (adjusted EBITDA) for the year ending 31 December 2026 to exceed €300 million.

That is above the €279 million mean forecast of the seven analysts tracked by the company, whose estimates ranged from €271 million to €285 million. It is also an improvement on the guidance of at least €270 million that Playtech set at its half-year results in July.

Shares in Playtech rose about 3.3 percent in early trading in London, reaching 380.6p shortly after the market opened, up 12.2p on Monday's close of 368.4p, after touching a high of 385p.

Americas drive the upgrade

Playtech said the upgrade was driven by continued strong performance in the Americas. In the United States, trading has been supported by its partnership with Hard Rock Digital, where the group was first to market with a product based on Past Motor Racing results. Revenues from that product continued to perform strongly in the second half of the year.

Mexico and Colombia also benefited from tailwinds after the men's football World Cup, the company said, while its US and Canada business-to-business revenue had already more than doubled in the first half of the year, rising to €56.9 million from €21.8 million a year earlier.

Chief executive Mor Weizer said the group had continued to deliver an excellent performance in 2026, reflecting sustained momentum in regulated markets, notably the Americas. He added that performance in the US had remained strong and had contributed significantly to profitability and cash flow.

Brazil ban and UK tax weigh on 2027

The update also carried a warning about next year. Playtech said 2027 would face greater pressure from regulatory and tax changes, including Brazil's ban on fixed-odds sports betting and online casino games and higher gambling duty in the UK.

Brazil's president signed the measure banning fixed-odds betting and online casinos on 25 September, and licensed operators were required to shut down by 5 October. Playtech said it could absorb about three months of disruption in Brazil within its 2026 figures, but the impact would be more significant in 2027 if the shutdown is not lifted.

In the UK, the company continues to absorb the full impact of the increase in remote gaming duty from 21 percent to 40 percent, which took effect in April 2026. Next year will be the first full year of the higher rate.

Analysts tracked by Playtech expect adjusted EBITDA of about €266 million in 2027, below the new 2026 guidance, reflecting those pressures as well as new competition in the US. Playtech said it would continue to focus on regulated markets where it can build a leading position, and investors will look for a further update when the group reports its full-year results.