Playtech Upgrades Forecast after Strong First Half Performance due to Caliente Gains
Playtech, a leading gaming technology company, has announced that it expects to post adjusted EBITDA of at least €90 million for the first half of 2025, thanks in part to a strategic agreement with Caliente Interactive.
The partnership between the two companies has resulted in significant growth in Playtech's B2B segment, with Caliente Interactive contributing positively to the company's earnings. This growth is attributed to favourable sports betting results experienced by Caliente Interactive in Q2.
The strategic deal, a new one for Caliente Interactive, has also led to the company declaring its first dividend under a revised strategic agreement. However, the specific details of the dividend payout have not been publicly disclosed.
The trading update from Playtech does not provide detailed EBITDA or H1 outlook updates, but it does indicate a positive outlook for the company. The strong contributions for this expectation come from Playtech's Mexican associate, Caliente Interactive.
The legal firm Ritch Mueller has referenced the agreement between Corporación Caliente's Caliplay and Playtech in the Latin America 2025 guide, highlighting the cross-border commercial cooperation between the two companies.
Playtech's trading update was released ahead of the company's 11 September interim results, providing investors with an early glimpse into the company's financial performance. It's important to note that the trading update does not mention any new strategic deals or partners for Playtech beyond the agreement with Caliente Interactive.
In summary, Playtech's H1 2025 adjusted EBITDA is expected to be at least €90 million, largely due to the strategic agreement with Caliente Interactive. The Caliente brand significantly contributes to the growth in B2B revenues, strengthening Playtech's financial position in the first half of 2025. Specific dividend payout details linked to the agreement have not been publicly disclosed in the sourced materials. For more precise information, investors may need to wait for Playtech's official financial communications or investor reports around the H1 2025 results release scheduled for 11 September 2025.
- The growth recorded by Playtech's B2B segment, and consequently its financial position, is largely due to the strategic partnership with technology company Caliente Interactive in 2025.
- The expected increase in Playtech's H1 2025 adjusted EBITDA to at least €90 million can be attributed to the positive earnings contributed by technology partner Caliente Interactive.
