Playtech targets World Cup expansion following strong 2026 start

(AsiaGameHub) –   Playtech is focused on sustaining the momentum it built in the early months of the year, looking to explore new growth opportunities during the upcoming FIFA World Cup.

The slot game developer referred to the tournament—hosted across the US, Canada, and Mexico—as a “significant opportunity,” particularly for Mexican operator Caliente Interactive, in which Playtech holds a 30.8% stake.

Roughly $35 billion was wagered during the 2022 FIFA World Cup, and this figure is expected to be exceeded in the next two months, given that this year’s tournament is the first to feature 48 nations, increasing the number of matches from 64 to 104.

Mor Weizer, Playtech’s Chief Executive Officer, said: “Our partnership with Caliente Interactive in Mexico continues to perform strongly, with the upcoming World Cup representing a significant opportunity to further strengthen Caliente’s leadership position in the market.”

Americas Division Remains Robust

In a trading update issued today (20 May), Playtech expressed particular optimism about the ongoing strength of its broader Americas division.

Building on a “stronger-than-expected” 2025 performance—where growth was seen across the US and Latin America despite an overall revenue decline—Playtech stated that this momentum has continued into the first quarter of 2026.

Weizer added: “We have made an excellent start to 2026, with strong trading in the first four months of the year reflecting continued momentum in regulated markets, notably the Americas and certain European markets. 

“Performance in the US, in particular, has been encouraging, as returns on our investments over recent years continue to accelerate and contribute meaningfully to profitability.”

Playtech also highlighted strong results across “certain European markets.” However, Weizer warned about the impact of “ongoing sector headwinds,” suggesting these may have dampened overall performance.

While no specific concerns were listed, tax increases across European countries—including the UK, where remote gaming duty has nearly doubled to 40%—have been a top priority for the gambling industry.

Despite this, Weizer reassured investors that Playtech remains “well-positioned to capture the significant market opportunity ahead.”

Board Changes Announced

Playtech also confirmed that long-serving board member Ian Penrose will step down from his role as Senior Independent Director following the publication of the company’s year-end financial results.

Penrose has been on the Board since 2018. John Gleasure, Playtech’s Non-Executive Chair, praised his “invaluable contribution” during a period of major transition for the company.

Gleasure said: “Ian has brought deep global industry experience to Playtech, and has always shown total commitment and dedication during what will have been almost nine years of service to Playtech. We wish him all the best in his future endeavours.

“We are grateful that he has agreed to remain with us until Spring 2027 to ensure a smooth transition of his roles.”

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