The FTSE 250 group said underlying profits (EBITDA) would be just “a little” shy of the consensus forecast as TradeTech was likely to be “well below” expectations, though other parts of the group had remained strong.
Snaitech, the Italian consumer-facing sports betting acquisition from June last year, performed better than expected, driven by good online revenues.
The core B2B gambling unit was said to also have exceeded internal expectations, up 12% year on year in the four months to end-October and the company announced a new agreement on Friday to provide its services to Colombian sports betting brand Wplay.
Trading in Asia has remained stable in the second half so far, contributing around €115mln in revenue for 2019 at current run rate.
Since the interim results Playtech said it has extended its revolving credit facility and increased the total amount available to €317mln.