Playtech plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Moran Weizer
- Full Time Employees
- 8,300
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Address
- St George’s Court Douglas Isle of Man IM1 1EE
- IPO Date
- Dec 27, 2011
- Website
- playtech.com
- Similar Companies
- Business
- Playtech plc (Ticker: PYTCY) is a leading technology company providing platform, content, and services to the global gambling and gaming industry, specializing in business intelligence-driven software solutions for regulated and newly regulated markets. The company offers a comprehensive suite of products and services, including its proprietary PAM+ player account management platform with player engagement tools, responsible gaming features, and omni-channel capabilities across retail and online; casino games and live casino solutions from eight content studios; sports betting and virtual sports technology; bingo and poker software; live dealer games; and operational services such as customer support, risk management, product optimization, AI-driven chatbots, and machine learning for KYC processes. Playtech delivers these offerings to over 180 licensees, including major operators, land-based casino groups, and government-sponsored entities like lotteries, through revenue-share models and fixed-fee arrangements, with a focus on data-driven analytics and seamless integrations. Founded in 1999 by Israeli entrepreneur Teddy Sagi in Tartu, Estonia, Playtech is headquartered in London, England, and maintains offices in 19 countries across Europe, the Americas, Asia, and other regions, serving more than 40 regulated jurisdictions. The company, a FTSE 250 constituent with a premium listing on the London Stock Exchange's Main Market, employs over 7,700 colleagues and emphasizes sustainability, safer gambling tools, and innovation in areas like omni-channel gaming. In recent developments, Playtech completed the sale of its Italian subsidiary Snaitech SpA to Flutter Entertainment in early 2025, enabling a strategic shift to a pure-play B2B model and returning significant shareholder value through approximately €1.8 billion in distributions. It reached a revised eight-year strategic agreement with Mexico-based partner Tecnologia en Entretenimiento Caliplay (Cali Interactive) in October 2025, including a renewed B2B software license, services deal, and US$140 million in phased additional payments, while resolving prior unpaid fees exceeding €150 million. Other key moves include the sale of remaining Happybet assets in May 2025, expansion of partnerships such as an exclusive bingo deal with SkillOnNet, launch of retail sports betting on MSC Cruise Ships, and commencement of a share buyback program for up to 10% of issued share capital. These changes, alongside strong 2024 financials with €1.79 billion in revenue and robust H1 2025 EBITDA, position Playtech for growth in high-potential markets like the US, Canada, Brazil, and Latin America.
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