Playtech has reported on trading for the first four months of 2022 and also provided an update on the company's ongoing corporate activity.
Since the full-year 2021 results were announced on March 24, Playtech has continued its excellent start to the current financial year with adjusted EBITDA (unaudited) for the first three months of more than €100m. This positive Q1 run rate has continued through April.
The very strong performance has been driven by both the B2B and B2C businesses. Snaitech has seen the same trends continue from H2 2021, with an excellent start to the year driven by its online business, retail recovery and favourable sports results.
B2B performance has been driven by very strong momentum from the Americas, in particular Caliplay in Mexico, in addition to a strong performance across the wider B2B operations, including live casino.
The live casino business has also signed several new licensees and launched several new games. In North America, Playtech has signed multiple new customers in the US and launched several new partnerships in Canada following the opening of the Ontario market.
