Playtech PLC – Digital Summary Report 2020

Our operations

B2B.jpgB2B

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

Revenue

€495m

EBITDA

€126m

EBITDA margin

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B2C.jpgB2C

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

Revenue

€596m

EBITDA

€128m

EBITDA margin

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Financials.jpgFinancials

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

Revenue

€122m

EBITDA

€56m

EBITDA margin

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A global business

Playtech was established at the outset of the online gambling industry and its 20 years of experience and investment in technology have resulted in unparalleled knowledge and expertise.

Playtech’s global scale and distribution capabilities with over 170 licensees operating in over 30 regulated markets and with offices in 24
countries, mean we are ideally positioned to capture opportunities in newly regulating markets and high-growth markets with low online penetration.

Employees

c.6,400

Countries with offices

24

Regulated jurisdictions

>30

Technology

Principles of Playtech ONE

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Any product available across any distribution channel – online or retail

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A seamless player journey across any product or vertical

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One single Player Account Management platform – IMS – for full player lifecycle visibility and management from a centralised point

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One single CRM, marketing automation platform and wallet

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One single customer view for analysis

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Services and capabilities available across any platform and any product

Highlights of the year

Revenue

€1,079m

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Adjusted EBITDA (incl. Finalto)

€310m

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Regulated revenue

84%

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Operating cash flow

€367m

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Share price chart

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"We entered the crisis with a strong balance sheet. Decisive management action at the outset of the pandemic to control costs and preserve cash ensured we remain in a solid financial position."

Andrew Smith

Chief Financial Officer

  • First steps of US expansion strategy including launches with bet365 and Entain
  • Playtech Live launched immersive gameshow, Adventures Beyond Wonderland
  • Launch of Sustainable Success strategy
  • New structured agreements signed in Guatemala, Costa Rica and Panama
  • Snaitech number 1 in Italy
  • New collaboration with the Responsible Gambling Council
  • Extended B2B agreements with several large operators
  • Omni-channel launch with Wplay in Colombia
  • Success at the Gambling Compliance Awards winning Compliance Team of the Year

Review of the year

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Chairman’s statement

"In the face of an unprecedented trading environment the Board is proud to report that Playtech delivered a resilient financial performance, delivering against our strategic priorities, whilst also laying the foundations for future growth."

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CEO.jpg

Chief Executive Officer’s review

"Playtech made excellent progress in the highly strategic US market and continued to build on its position in Latin America. The Group continued to add new customers, expand with existing customers, and deliver innovation.”

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Chief Financial Officer’s review

"Despite Playtech being severely impacted by COVID-19 through the cancellation of sporting events worldwide and the closure of retail shops, the Group has navigated the pandemic exceptionally well so far and had a resilient 2020."

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