Playtech has confirmed a solid opening to 2025, reporting major growth in its US operations and completing a transformative shift to a business-to-business (B2B) model. In a trading update covering January to April, the company pointed to “very strong” revenue gains in the United States, particularly across its Live, Casino, and Platform services. This performance reflects recent launches with top-tier US partners and signals increasing momentum in the region. The firm, which is listed on the London Stock Exchange, also pointed to solid contributions from its high-margin Software-as-a-Service (SaaS) segment. This division continues to see strong results across various operators and jurisdictions. Strategic Shift Solidified With Snaitech Sale A key part of Playtech’s transformation was the completed sale of its Italian-facing business, Snaitech S.p.A., to Flutter Entertainment for €2.3 billion. With the transaction finalized on April 30, the company is distributing roughly €1.8 billion back to shareholders through a €5.73 per share special dividend. This payment is scheduled for June… Read More

Category: News 

Source: Casino News Daily