Playtech shares gain 5% on strong first quarter trading
Gambling technology company Playtech (PTEC) said the excellent start to trading in 2022 had continued across the first quarter, producing adjusted EBITDA of more than €100 million.
If current trends continued through the rest of the 2022 financial year it would imply full-year EBITDA (earnings before interest, taxes, depreciation, and amortization) north of €400 million.
This would ...