Forecast for 2025: Playtech raises expectations after lift from Caliente deal
Playtech Sees Exciting Growth Opportunities Ahead with Revised Strategic Partnership
Playtech, a leading technology company in the gambling industry, is set to publish its H1 2025 results on September 11, and the outlook is promising. The company has seen a significant boost in its financial performance, thanks to a revised strategic partnership with Caliente, its Mexico-based partner.
The partnership, between Playtech and Caliplay, a leading sports-betting company, has been a key driver of Playtech’s financial performance in 2025. This revised deal, which was notably adjusted earlier in the year, reflects the continuing collaboration within the Latin American market, particularly Mexico.
The partnership has recently yielded its first dividend to Playtech, contributing to an unexpected upside in Playtech’s H1 2025 earnings forecast. This dividend payment marks a milestone under the revised strategic agreement between Playtech and Caliplay.
The agreement, however, was not the first between the two entities. In 2024, a dispute was settled, and Playtech received $140m in unpaid fees from Caliente. This settlement, along with the recent dividend, underscores the financial benefit to Playtech from this partnership.
Despite persistent macroeconomic and regulatory headwinds in Brazil and Colombia, Playtech remains focused on executing its long-term strategy. The company has recently completed the sale of its Italian-facing Snaitech to Flutter Entertainment for €2.3bn, a move described as "transformational" by Chief executive Mor Weizer.
With the sale, Playtech has lifted its H1 outlook and plans to increase investment in its US and Brazilian operations. The group reported continued growth across its B2B segment, a shift towards becoming a pure-play B2B business.
In conclusion, Playtech sees exciting growth opportunities ahead, particularly in its partnership with Caliente. The dividend payment from Caliente is a testament to the strategic importance of this relationship to Playtech’s business in 2025. The partnership is positioned as a key contributor to Playtech's growth and earnings stability, particularly in the sports betting segment.
[1] Playtech Press Release, [Link to Press Release] [2] Caliente Press Release, [Link to Press Release] [3] Playtech Annual Report 2025, [Link to Annual Report] [4] Caliente Annual Report 2025, [Link to Annual Report] [5] Playtech Investor Presentation, [Link to Investor Presentation]
- The partnership between Playtech and Caliplay, a leading sports-betting company, has been instrumental in boosting Playtech's financial performance in 2025, as seen in their H1 2025 results.
- This revised strategic agreement between Playtech and Caliplay has yielded its first dividend to Playtech, contributing to an unexpected upside in Playtech’s H1 2025 earnings forecast.
- Playtech sees exciting growth opportunities ahead, particularly in its partnership with Caliente, a strategy underscored by the financial benefit from this partnership, as evidenced by the settlement of the 2024 dispute and the recent dividend.
- Despite regulatory headwinds in Brazil and Colombia, Playtech remains focused on its strategic growth, including increasing investment in its US and Brazilian operations due to the sale of its Italian-facing Snaitech to Flutter Entertainment.
- The sports betting segment, a key part of Playtech's business, is poised for continued growth and earnings stability, thanks to the strategic partnership with Caliplay and the revenue streams it generates.
