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Playtech Expects 2022 Revenue to Reach €400 Million

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 Jet
(@jet)
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The London Stock Exchange-listed producer of gambling software reported outstanding commercial performance in an update on its current financial position. Thus, we anticipate full-year adjusted EBITDA of at least €400 mn, up 26% from €317.1 mn in 2021.

B2B internet growth, especially in Latin America and Snaitech, drove the strong results. Playtech has announced its accomplishment by stating that the increase in income has more than compensated for any difficulties brought on by the COVID-19 outbreak. The business-to-business (B2B) gaming industry had particularly strong growth, up 17% year over year.

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