Playtech share price

Adjusted EBITDA of €162.5 million, a third guidance upgrade this year, and North American revenue up 161%. The driver is a motor-racing and slot hybrid running with Hard Rock Bet in Florida that settles on historical race results rather than a random number generator, and Playtech is telling investors not to annualise it.

Evolution commissioned it in 2022 to answer Black Cube, has called it exonerating, and spent months resisting its disclosure. Now that it is out, it clears Evolution of illegal practice and of operating in sanctioned countries, and separately finds significant compliance failings and games reachable from four prohibited markets. Playtech has moved first on the reading.

Leading operators implement machine learning to detect high-risk players in real-time, reducing affordability breaches by 40% while maintaining player retention. New compliance tools from DraftKings, FanDuel reshape operator margins.

Playtech has told the market its first-half performance landed significantly ahead of expectations, lifting its full-year adjusted EBITDA target to at least €270 million and sending the shares up as much as 18% on the day. The upgrade rests on US and Latin American momentum that the supplier will need to sustain against a sharply higher UK tax burden.

This week, the industry's simmering rivalries boiled over in spectacular fashion. Forget quarterly earnings; we're talking about lawsuits, corporate

NEXT.io reveals Playtech hired Black Cube for the 2021 Evolution report. Playtech faces billions in potential legal liability from Evolution's defamation lawsuit.