The company also announced a revised strategic agreement with Caliplay.
It secured a 30.8% stake in its new holding company.
Playtech
plc (LSE: PTEC) announced today (Monday) that it expects its full-year 2024
adjusted EBITDA to surpass current consensus expectations, driven by robust
performance in its B2B division during the first half of the year. In addition,
the company has reached a new agreement with its current partner, Caliplay.
Playtech Reports Strong H1
2024 Performance
The
London-listed company reported solid trading for the period from January 1 to
June 30, 2024, with continued growth trends noted
in its May AGM statement. Playtech's B2B segment showed particular
strength, benefiting from revenue growth in the Americas and tighter cost
control measures.
In its B2C
division, Snaitech continued to see underlying growth in wagers, despite facing
headwinds from customer-friendly sporting results in Italy. Playtech also
confirmed ongoing discussions with Flutter regarding the potential sale of
Snaitech, though no definitive agreement has been reached.
However,
detailed figures were not provided in the latest trading update. These will be
presented on September 30, when the report for H1 2024 is published. The
company's previous full metrics were released in March, when it reported
financial results for 2023, showing adjusted revenue grew 7%, and EBITDA
increased 9% to €423.3 million compared to 2022.
Revised Caliplay Agreement
In a
separate announcement, Playtech revealed a revised strategic agreement with
Caliplay, a subsidiary of Corporación Caliente. Under the new terms, Playtech
will hold a 30.8% equity stake in Caliente Interactive, Inc., the new
U.S.-incorporated holding company for Caliplay. The deal also includes a
renewed eight-year B2B software license and services agreement, along with an
additional $140 million cash payment to Playtech over four years.
Mor Weizer, CEO of Playtech
“During the
past nine years, we have worked closely with Caliplay to create a successful
and rapidly growing digital business in Mexico,” Mor Weizer, CEO of Playtech,
said. “The revised arrangements mark the beginning of an exciting new chapter
that will build on the impressive progress to date, with a view to driving
significant further growth for Cali Interactive in the future.”
Playtech
confirmed that Caliplay has resumed paying software and services fees, with
over €150 million of previously unpaid fees now received. The company also
reported strong performance from Caliplay in the first half of 2024.
Playtech
plc (LSE: PTEC) announced today (Monday) that it expects its full-year 2024
adjusted EBITDA to surpass current consensus expectations, driven by robust
performance in its B2B division during the first half of the year. In addition,
the company has reached a new agreement with its current partner, Caliplay.
Playtech Reports Strong H1
2024 Performance
The
London-listed company reported solid trading for the period from January 1 to
June 30, 2024, with continued growth trends noted
in its May AGM statement. Playtech's B2B segment showed particular
strength, benefiting from revenue growth in the Americas and tighter cost
control measures.
In its B2C
division, Snaitech continued to see underlying growth in wagers, despite facing
headwinds from customer-friendly sporting results in Italy. Playtech also
confirmed ongoing discussions with Flutter regarding the potential sale of
Snaitech, though no definitive agreement has been reached.
However,
detailed figures were not provided in the latest trading update. These will be
presented on September 30, when the report for H1 2024 is published. The
company's previous full metrics were released in March, when it reported
financial results for 2023, showing adjusted revenue grew 7%, and EBITDA
increased 9% to €423.3 million compared to 2022.
Revised Caliplay Agreement
In a
separate announcement, Playtech revealed a revised strategic agreement with
Caliplay, a subsidiary of Corporación Caliente. Under the new terms, Playtech
will hold a 30.8% equity stake in Caliente Interactive, Inc., the new
U.S.-incorporated holding company for Caliplay. The deal also includes a
renewed eight-year B2B software license and services agreement, along with an
additional $140 million cash payment to Playtech over four years.
Mor Weizer, CEO of Playtech
“During the
past nine years, we have worked closely with Caliplay to create a successful
and rapidly growing digital business in Mexico,” Mor Weizer, CEO of Playtech,
said. “The revised arrangements mark the beginning of an exciting new chapter
that will build on the impressive progress to date, with a view to driving
significant further growth for Cali Interactive in the future.”
Playtech
confirmed that Caliplay has resumed paying software and services fees, with
over €150 million of previously unpaid fees now received. The company also
reported strong performance from Caliplay in the first half of 2024.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
AI Joins Africa’s Rulebook as Nigeria Orders Automated AML, Gives Fintechs 2 Years to Comply
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
