welcome

Technology driving the customer journey

Playtech is a market leader in the gambling and financial trading industries. Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech has more than 5,000 employees in 17 countries.

Our divisions

Gaming division

Playtech’s Gaming division is driven by our omni-channel philosophy, consisting of our platform and business intelligence solutions, product offering and services.

Financials division

Our Financials division is a rapidly growing vertical in a dynamic and expanding sector of the market.

Our values

Integrity

We strive to be responsible, honest and open in our dealings with each other and with all our stakeholders – licensees, regulators, business partners and suppliers.

Innovation

We endeavour to always be at the forefront of our industry; to lead, develop and deliver new products and services that meet all risk and regulatory compliance measures.

Excellence

We aim for excellence in everything we do; in the delivery of our products and services, in our interaction with the outside world and in working with each other.

Performance

We deliver outstanding performance in the context of the legitimate and realistic expectations of our customers and shareholders.

Where we operate

Key

Main offices
Other offices
No. of employees

What sets us apart

As market-leading pioneers with a holistic approach to both internal and external business strategy, Playtech presents a strong case for investment.

1

A unique
offering

Omni-channel offers users a unique and seamless journey through technology and compliance tools.

2

At the forefront
of innovation

Our investment into R&D is enhancing the digitalisation of gaming and extending our lead against the competition.

3

Committed to
regulation

We work closely with regulators to ensure they understand the impact of technical changes and specific local requirements.

4

Successful
leadership

A strong, experienced and successful leadership team, together with a management structured to implement strategy and deliver results.

5

A track record
of growth

We have a strong track record of growth across our business through a combination of organic growth and the acquisition of complementary businesses, technology and content.

6

High shareholder
return

We are committed to returning value to shareholders, as evidenced by the strong compound growth in our regular dividends and the special dividend paid.

Year in review

Renewals with William Hill, Betfred, Rank and Paddy Power Betfair

Date

One of the strengths of Playtech is our commitment to our customers, 2016 saw the signing of significant new customers with ten new customer go-lives...

Strengthening Playtech’s position as the leading content provider

May

Playtech acquired Quickspin, a fast-growing Swedish games studio that develops and supplies high-quality video slots to operators, both in online real money gambling as well as in the social gaming market...

Enhancing omni-channel to drive digitalisation of retail

July

Playtech acquired Best Gaming Technology (BGT) for €138m*. BGT’s offering combines best-in-class technology with a digital terminal that revolutionises the traditional over-the-counter experience...

Playtech Sports launches first virtual retail product with Coral

July

Playtech goes live with our first ‘out of the box’ retail virtual sports product across 100 UK Coral shops with the potential to deploy it across 1,000 outlets in the next 12 months...

bet365 first to launch Playtech native app

September

bet365 became the first operator to go live with Playtech’s new native mobile casino application, offering instant gameplay and improved speed and performance across all iOS and Android devices...

Playtech claims top prize at the Global Gaming Awards 2016

September

Playtech was awarded the ‘Best Digital Industry Supplier’ at the Global Gaming Awards for our unrivalled gaming portfolio, breadth of new business and pioneering Playtech ONE omni-channel solution which has ensured record-breaking results...

Playtech partners with Warner Bros. Consumer Products and DC Entertainment

October

Playtech partners with Warner Bros. Consumer Products on behalf of DC Entertainment...

Playtech places itself at the forefront of the retail bingo market with acquisition of ECM

October

Playtech acquired bingo software and hardware solutions provider ECM Systems (ECM)...

Expanding Playtech’s Financials division

November

Playtech acquired a 70% interest in Consolidated Financial Holdings A/S (CFH), a technology company with products including a leading Straight Through Processing (STP) brokerage which provides retail brokers with multi­asset execution...

Important new licensees signed

July

• PokerStars
• Fortuna
• Sun Bets

Statements

Commitment to growth and leadership

Playtech has continued to successfully execute its strategy for strong operational and financial performance, strategic M&A and shareholder returns.

Alan Jackson
Chairman

Respect, innovation, progression

We remain confident of strong performance in 2017 driven by both organic growth and the acquisitions made in 2016.

Mor Weizer
Chief Executive Officer

Confident financial management

2016 has seen Playtech once again deliver a strong financial performance with total reported revenues and Adjusted EBITDA up 12% and 20% respectively compared to 2015.

Andrew Smith
Chief Financial Officer

Highlights of the year

Continuing success

€708.6m
+12%
Revenue
708.6
630.1
2016
2015
€206.2m
+0%
Adjusted net profit** (€m)
206.2
205.9
2016
2015
** Attributable to the owners.
59.8 €cents
-3%
Adjusted diluted EPS**** (€cents)
59.8
61.8
2016
2015
**** Weighted average number of shares used in diluted EPS for the 12 months ended 31 December 2015 were adjusted reflect the impact of the convertible bonds.
€302.2m
+20%
Adjusted EBITDA* (€m)
302.2
251.9
2016
2015
* Adjusted numbers relate to certain non-cash and one-off items including amortisation of intangibles on acquisitions, professional costs on acquisitions, finance costs on acquisitions and additional various non-cash charges. The Directors believe that the adjusted profit measures represent more closely the consistent trading performance of the business. A full reconciliation between the actual and adjusted results is provided in Note 5.
€193.0m
+42%
Reported net profit*** (€m)
193.0
135.8
2016
2015
*** Constant currency numbers exclude the exchange rate impact on the results by using previous period relevant exchange rate and also exclude the total cost/income of exchange rate differences recognised in the period.
32.7 €cents
+15%
Total dividend per share***** (€cents)
32.7
28.5
2016
2015
***** Days sales outstanding.

Our Gaming division

Strong revenue performance with 21% growth at constant currency led by flagship casino offering

Strong performance in Sports in H2 2016 following acquisition of BGT

Regulated Gaming revenues of 42% (2015: 41%)

Software revenues from mobile of 33% in 2016 (2015: 21%), with 54% of UK revenues from mobile

Locking-in’ future growth:
– ­­­Over ten new customers signed in 2016 including Pokerstars, MaxBet and Mr Green with OPAP after the period end
­– Significant contracts renewed, including with Paddy Power Betfair, William Hill, Rank and Betfred in 2017
– Nine of top ten licensees now on long-term contracts

Launched Playtech BGT Sports presenting significant opportunity across Europe and South America

Acquisitions integrated and performing in line with expectations

Pipeline of new licensees and new structured agreements remains strong

Our Financials division

Revenue of €65.6 million (2015: €60 million) in 2016 with Adjusted EBITDA of €15.4 million (2015: €15.9 million)

2016 results reflect full impact of the business transition

Encouraging performance and improved KPIs in H2 2016

B2B offering strengthened by acquisition of CFH in November 2016

Ron Hoffman has become full time CEO of the Financials division