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(AsiaGameHub) – Playtech CEO Mor Weizer stated on Wednesday that the company’s 2026 kickoff has been “excellent,” fueled by stronger-than-anticipated results in the Americas region.
This update was shared in a post-annual general meeting (AGM) trading report, covering Playtech’s performance during the first four months of 2026.
Consistent with Playtech’s FY25 trading update and full-year financial results, the firm noted it continues to exceed expectations across the Americas, driven by ongoing robust performance in the U.S. and Mexico.
Playtech also highlighted that “specific European markets” contributed to its strong start this year, along with a “steady performance” in its live casino division.
Weizer expressed confidence that Playtech is well-positioned to sustain its momentum. “Despite ongoing industry headwinds, the combination of Playtech’s strong expansion in regulated markets, diversified footprint, highly scalable technology, and deep partner relationships leaves the group in a solid position to capture the significant market opportunities ahead,” he commented in the update.
In September 2024, Playtech inked a new agreement with its Mexico-focused partner Caliente regarding their Caliplay joint venture, which has been a core growth area for the provider over the past year.
“Our collaboration with Caliente Interactive in Mexico remains robust, and the upcoming World Cup presents a major chance to further strengthen Caliente’s leadership position in the market,” Weizer added.
“The U.S. market, in particular, has delivered encouraging results, as returns from our investments in recent years continue to accelerate and contribute meaningfully to profitability.”
Sun Bingo business under review in the UK
Playtech disclosed in March that its group revenue for FY25 dropped 10% to €763.6 million.
During the post-FY25 earnings call, Playtech CFO Chris McGinnis announced the company had launched an operational review of its white-label Sun Bingo business in the UK.
The review was prompted by the increase in Remote Gaming Duty from 21% to 40% on April 1 this year— a rate McGinnis said makes Sun Bingo unprofitable.
Weizer has not provided an update on the review, though McGinnis previously noted he believes Sun Bingo still has a long-term place in Playtech’s portfolio, as it has more B2B than B2C characteristics despite being customer-facing.
Penrose to step down from Playtech’s board
On Wednesday, Playtech also announced that senior independent director Ian Penrose intends to step down from the board.
Penrose has agreed to remain as a non-executive director, senior independent director, and chairman of the Audit and Risk Committee until after Playtech releases its FY2026 results. The company says this will ensure a smooth transition for those taking over his roles.
Playtech non-executive chairman John Gleasure expressed gratitude for Penrose’s “invaluable contribution” since his appointment in 2018.
“We are grateful he has agreed to stay with us until spring 2027 to ensure a smooth transition of his roles,” Gleasure said.
“Ian has brought deep global industry experience to Playtech and has always shown total commitment and dedication during what will be almost nine years of service to the company. We wish him all the best in his future endeavours.”
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