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.
Robinhood Shares Surge 11% as Fintech Seeks Independence From Kalshi in Prediction Markets
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
