September 22nd, Playtech report Financial results for the first half of 2022 (first half of 2022). Playtech experienced strong growth across its main business segments during this period. The company’s overall revenue reached 792.3 million in the first half of 2022, an increase of almost 73% compared to the same period last year.
In its latest announcement, Playtech emphasized that the company’s strong performance in the first half of 2022 was largely driven by its regulated B2B market and Snaitech. Playtech’s adjusted EBITDA increased by 64% year-on-year to reach 203.8 million.
Playtech reported exponential growth across the Americas and Europe regions.
We are pleased that the Group has made a strong start to the first half of 2022, making significant strategic and operational progress towards our goals and achieving financial performance that exceeded our expectations. Supported by business: in the Americas and Europe, the launch of Parx Casino in Pennsylvania, several exciting deals with major global and US brands, along with yet another outstanding contribution from Snaitech. We continue to make significant progress in executing our U.S. strategy, with the signing of contracts and the progress of additional license applications, said Mor Weizer, CEO of Playtech.
Finalto
In July 2022, Playtech completed the sale of Finalto. The company called the latest sale a “significant step” in its strategic goal of simplifying the group.Playtech sold Finalto to Gopher Investments in his $250 million deal.
The sale of Finalto was completed in July 2022. This represents an important step in our strategy to simplify the Group and focus our efforts on the high growth B2B and B2C gambling market. is also well positioned to capitalize on exciting market opportunities, driving sustainable growth for the benefit of all stakeholders. We have navigated through significant turmoil and uncertainty.
September 22nd, Playtech report Financial results for the first half of 2022 (first half of 2022). Playtech experienced strong growth across its main business segments during this period. The company’s overall revenue will reach 792.3 million in the first half of 2022, an increase of almost 73% compared to the same period last year.
In its latest announcement, Playtech emphasized that the company’s strong performance in the first half of 2022 was largely driven by its regulated B2B market and Snaitech. Playtech’s adjusted EBITDA increased by 64% year-on-year to reach 203.8 million.
Playtech reported exponential growth across the Americas and Europe regions.
We are pleased that the Group has made a strong start to the first half of 2022, making significant strategic and operational progress towards our goals and achieving financial performance that exceeded our expectations. Supported by business: in the Americas and Europe, the launch of Parx Casino in Pennsylvania, several exciting deals with major global and US brands, along with yet another outstanding contribution from Snaitech. We continue to make significant progress in executing our U.S. strategy, with the signing of contracts and the progress of additional license applications, said Mor Weizer, CEO of Playtech.
Finalto
In July 2022, Playtech completed the sale of Finalto. The company called the latest sale “an important step” in its strategic goal of simplifying the group. Playtech sold Finalto to Gopher Investments in a deal worth his $250 million.
The sale of Finalto was completed in July 2022. This represents an important step in our strategy to simplify the Group and focus our efforts on the high growth B2B and B2C gambling market. is also well positioned to capitalize on exciting market opportunities, driving sustainable growth for the benefit of all stakeholders. We have navigated through significant turmoil and uncertainty.