Playtech PLC – Digital Summary Report 2019

cake.jpg

About us

Playtech is the leading technology provider to the global Gambling industry, with high operating margins and high cash generation. This strong financial profile creates the ability to further extend our leading market position by investing in R&D, targeted strategic M&A, and generating value and returns for shareholders through dividends and buying back shares.

Playtech provides its technology on a B2B basis to the industry’s leading retail and online operators, land-based casino groups and government monopolies. Playtech often partners with multiple operators in the same market to fulfil their technology requirements such as in the UK where all the top operators use its software. Playtech’s B2B contracts are typically long term. In select markets Playtech deploys its technology directly as a B2C operator such as with Snaitech in Italy.

Investment case Business model Strategy

Our operations

B2B

Providing technology to gambling operators globally through a revenue share model.

Revenue

€553.9m

EBITDA

€214.8m

EBITDA margin

piechart-1.png

B2C

Operating directly as an operator in select markets
and generating revenues from online gambling,
gaming machines and retail betting.

Revenue

€900.5m

EBITDA

€160.4m

EBITDA margin

piechart-2.png

Financials

The Financials division of Playtech, providing
trading, platform and liquidity technology and
services to brokers and end customers.

Revenue

€67.9m

EBITDA

€7.8m

EBITDA margin

piechart-3.png

A global business

Playtech was established at the outset of the online gambling industry and its 20 years of experience and investment in technology has resulted in unparalleled knowledge and expertise. Playtech’s global scale and distribution capabilities with over 150 licensees, operating in over 30 regulated markets and offices in 21 countries mean we are ideally positioned to capture opportunities in newly regulating markets and high growth markets with low online penetration.

map_1.svg

icon_7.png

Employees

6,000

icon_8.png

Countries with offices

21

icon_9.png

Regulated jurisdictions

>30

Safer gambling Our markets

Technology

Principles of Playtech ONE

Icon_1.png

Any product available across any distribution channel – online or retail

icon_2.png

A seamless player journey across any product or vertical

icon_3.png

One single platform

icon_4.png

One single CRM and wallet

Icon_5.png

One single customer view for analysis

icon_6.png

Services and capabilities available across any platform and any product

Diagram_new.png

Our technology

Highlights of 2019

Revenue

€1,508m

graph_1.png

Adjusted EBITDA

€383m

graph_2.png

Regulated revenue

88%

graph_3.png

Operating cashflow

€317m

graph_5.png

Total shareholder returns

€120m

graph_4.png
  • Major new strategic agreement with Wplay
  • Playtech launches casino partnership with GVC across key markets
  • Fortuna migrates Sportsbook onto Playtech’s omni-channel platform
  • Swiss Casinos partners with Playtech to lead new online market in Switzerland
  • Playtech launches new Kingdoms Rise games suite
  • Double triumph for Playtech at the Women in Gaming Diversity Awards
  • Safer game design and labelling is a core part of Playtech’s safer gambling strategy

Read more

Review of the year

chairman.jpg

Chairman’s statement

With the scale of its technology, breadth of its offering and diversification of model, I am confident Playtech will be at the centre of the industry for years to come.”

Download

ceo.jpg

Chief Executive Officer's review

As a technology specialist, Playtech’s vision is to be the global leader in safer products, data analytics and player engagement solutions – partnering with our licensees to deliver safe and sustainable entertainment for the benefit of all stakeholders.”

Download

CFO.jpg

Chief Financial Officer's review

Playtech has delivered a strong financial performance driven by strength in its regulated businesses with Adjusted EBITDA growth of 11%.”

Download