Playtech reported strong 2024 results with 5% revenue growth and an 11% increase in adjusted EBITDA.
The company is selling Snaitech for €2.3 billion, with plans to pay a special dividend of up to €1.8 billion to shareholders.
Playtech (LSE:
PTEC) has announced
its financial results for 2024 showing a post-tax profit of €157 million, 42%
higher than a year ago. Overall, the company reported a mixed performance
across its divisions as it prepares for a strategic shift following the planned
sale of its Snaitech unit.
“Our Core B2B Business Had an Outstanding Year”
Total
reported revenue from continuing and discontinued operations increased by 5% to
€1.79 billion compared
to $1.71 billion in 2023. Adjusted EBITDA grew by 11% to €480.4 million from
€432.3 million reported a year earlier.
The
B2B division saw strong growth in its core regulated markets, particularly
in the Americas. B2B revenue increased by 10% to €754.3 million (2023: €684.1
million), with Adjusted EBITDA rising 22% to €222.0 million (2023: €182.0
million).
Mor Weizer, CEO of Playtech
“Our
core B2B business had an outstanding year, achieving the medium-term target we
set two years ago ahead of schedule,” commented Mor Weizer, the CEO of
Playtech. “The Americas saw substantial revenue growth, with Wplay in Colombia
delivering a particularly strong performance. Meanwhile, our expansion in the
US and Canada continues to gain momentum as we sign up and launch with a
growing list of operators.”
In the B2C
segment, revenue was up 2% to €1,052.7 million (2023: €1,037.0 million), while
Adjusted EBITDA increased 3% to €258.4 million (2023: €250.3 million). The
Snaitech division within B2C was impacted by customer-friendly sporting results
throughout 2024.
“We
successfully reached an agreement to sell Snaitech to Flutter Entertainment,
delivering significant value to our shareholders while enabling Playtech to
refocus predominantly on its core strengths as a pure-play B2B business,” added
Weizer.
The company
also announced a revised strategic agreement with Caliplay, its partner in
Mexico. Under the new terms, Playtech will hold a 30.8% equity interest in
Caliente Interactive, Inc., the new US-incorporated holding company of
Caliplay.
Playtech
has set new medium-term financial targets for its continuing business, with an
Adjusted EBITDA target range of €250–300 million and a free cash flow target of
€70–100 million.
The
company's net debt decreased to €142.8 million as of December 31, 2024 (2023:
€282.8 million). Playtech made a €200.0 million partial repayment of its 2019
Bond in December 2024.
Looking
ahead, Playtech reported a good start to trading in 2025, reflecting strong
underlying growth trends in its B2B operations. However, the company faces
challenges in certain areas, including the closure of its Austrian HAPPYBET
business and ongoing regulatory changes in various markets.
Playtech (LSE:
PTEC) has announced
its financial results for 2024 showing a post-tax profit of €157 million, 42%
higher than a year ago. Overall, the company reported a mixed performance
across its divisions as it prepares for a strategic shift following the planned
sale of its Snaitech unit.
“Our Core B2B Business Had an Outstanding Year”
Total
reported revenue from continuing and discontinued operations increased by 5% to
€1.79 billion compared
to $1.71 billion in 2023. Adjusted EBITDA grew by 11% to €480.4 million from
€432.3 million reported a year earlier.
The
B2B division saw strong growth in its core regulated markets, particularly
in the Americas. B2B revenue increased by 10% to €754.3 million (2023: €684.1
million), with Adjusted EBITDA rising 22% to €222.0 million (2023: €182.0
million).
Mor Weizer, CEO of Playtech
“Our
core B2B business had an outstanding year, achieving the medium-term target we
set two years ago ahead of schedule,” commented Mor Weizer, the CEO of
Playtech. “The Americas saw substantial revenue growth, with Wplay in Colombia
delivering a particularly strong performance. Meanwhile, our expansion in the
US and Canada continues to gain momentum as we sign up and launch with a
growing list of operators.”
In the B2C
segment, revenue was up 2% to €1,052.7 million (2023: €1,037.0 million), while
Adjusted EBITDA increased 3% to €258.4 million (2023: €250.3 million). The
Snaitech division within B2C was impacted by customer-friendly sporting results
throughout 2024.
“We
successfully reached an agreement to sell Snaitech to Flutter Entertainment,
delivering significant value to our shareholders while enabling Playtech to
refocus predominantly on its core strengths as a pure-play B2B business,” added
Weizer.
The company
also announced a revised strategic agreement with Caliplay, its partner in
Mexico. Under the new terms, Playtech will hold a 30.8% equity interest in
Caliente Interactive, Inc., the new US-incorporated holding company of
Caliplay.
Playtech
has set new medium-term financial targets for its continuing business, with an
Adjusted EBITDA target range of €250–300 million and a free cash flow target of
€70–100 million.
The
company's net debt decreased to €142.8 million as of December 31, 2024 (2023:
€282.8 million). Playtech made a €200.0 million partial repayment of its 2019
Bond in December 2024.
Looking
ahead, Playtech reported a good start to trading in 2025, reflecting strong
underlying growth trends in its B2B operations. However, the company faces
challenges in certain areas, including the closure of its Austrian HAPPYBET
business and ongoing regulatory changes in various markets.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Prediction Markets Scale Up as Volumes Surge, But Regulation and Liquidity Remain Key Constraints
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
