Playtech has announced its results for the year ended December 31, 2019, together with a trading update for the period to February 24, 2020.
Core B2B gambling revenue growth was 15 per cent against 2018, driven by sports and live casino. Snaitech had an outstanding 2019 with 24 per cent growth in underlying adjusted EBITDA on an annualised basis (EBITDA after excluding gambling tax headwinds and 2018 World Cup impact)
Asia remained broadly stable through H2 2019 and shareholder returns were up four per cent on 2018 with a new €40m share repurchase programme and final dividend declared of €12c per share.
