The post Playtech Rejects Evolution’s Accusations as Dispute in New Jersey Continues to Escalate appeared first on iGaming Amerika.
]]>In response to Evolution AB’s announcement that it had sought to add Playtech to its case in New Jersey, Playtech issued a statement on 9 April. The company noted that it had anticipated such a move since Evolution’s public statement on 21 October 2025. Playtech firmly rejected the allegations, describing them as “baseless and without merit,” and reaffirmed its support for the report that underpins the dispute, as well as the findings contained therein.
The core of the dispute revolves around a report commissioned by Playtech, which Evolution has challenged. Playtech reiterated its stance, asserting it remains confident in both the decision to commission the report and the validity of its conclusions. According to Playtech, the ongoing dispute involves claims regarding Evolution’s conduct across various markets. Playtech contends that Evolution has sought to avoid scrutiny rather than address questions related to providing services to operators in illegal and sanctioned markets, as well as supporting unlicensed operators in regulated environments.
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Playtech expressed its willingness to undergo examination by courts and regulators concerning the report and its findings. The company also emphasized its desire to participate in the discovery phase, the pre-trial process in U.S. litigation where parties gather evidence and question witnesses. Playtech noted that this process would enable it to question Evolution’s employees, executives, and officers directly in court. The company further stated that it possesses evidence, including what it describes as recent additional evidence, which supports its case in the ongoing proceedings. Playtech Evolution’s Accusations
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]]>The post Playtech Named in New Jersey Defamation Lawsuit Filed by Evolution appeared first on iGaming Amerika.
]]>The move comes as part of Evolution’s effort to strengthen its case in a dispute that has been active since late 2021, drawing renewed attention to the underlying legal process and the accusations now being directed at one of Europe’s leading gambling technology providers. The amended complaint, filed with the Superior Court of New Jersey, now includes Playtech alongside other entities such as Black Cube, law firm Calcagni & Kanefsky LLP, and additional parties that Evolution alleges were involved in spreading false information about its operations. The dispute is rooted in a report submitted to U.S. regulators, which questioned whether Evolution had accepted bets from prohibited jurisdictions.
According to Evolution, the recent filing seeks to formally incorporate Playtech into a case initially filed in December 2021. The company contends that Playtech played a role in commissioning and promoting the distribution of a report containing allegedly false claims regarding Evolution’s activities in the U.S. market.
Evolution states that the report was delivered in November 2021 to the New Jersey Division of Gaming Enforcement and the Pennsylvania Gaming Control Board, accompanied by a letter from legal counsel.
Over time, the scope of the allegations expanded, initially targeting unnamed parties and later including Black Cube. Playtech is now the latest entity that Evolution seeks to include in the legal proceedings.
A key aspect of Evolution’s case is the assertion that regulatory investigations triggered by the report did not result in enforcement actions. The company notes that U.S. authorities closed their investigations in February 2024, without pursuing any further action.
Additionally, Evolution references findings from the New Jersey Division of Gaming Enforcement, which stated that: “no evidence … showing that Evolution took illegal bets from New Jersey, another state, or any other prohibited jurisdiction.” These findings are significant, as Evolution argues that the underlying claims were unfounded from the outset.
Evolution has highlighted court documents from 2025, which reportedly required the disclosure of the authorship behind the contentious report. The company further notes that the New Jersey court described the report as “objectively baseless.” Based on these proceedings, Evolution claims that Black Cube was ultimately compelled to identify Playtech as the party responsible for commissioning the report. In a public statement, Evolution expressed disappointment, stating: “It continues to be disappointing that a direct competitor would go to such extreme lengths to orchestrate a covert campaign designed to harm our business and avoid competing fairly in the marketplace.”
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’ in the US
For the broader European iGaming industry, this case has implications beyond immediate market reactions. It sheds light on the potential for competitive conduct in highly regulated environments, especially when allegations are made to gaming regulators.
Both Evolution and Playtech are major B2B suppliers with extensive international operations, including in U.S. regulated jurisdictions. As the case in New Jersey unfolds, it is likely to attract close scrutiny from operators, suppliers, and compliance professionals as a potential test of how courts interpret third-party intelligence reports, regulatory referrals, and allegations of efforts to influence market positioning through legal and investigative tactics.
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]]>The post Revenue and Profit Drop for Playtech as B2C Strategy Shifts and Caliente Restructures appeared first on iGaming Amerika.
]]>In FY25, Playtech observed a downturn in both revenue and profitability, primarily driven by strategic adjustments in its business model and the financial repercussions of renegotiated arrangements with Caliente Interactive. The financial results reveal pressure on headline figures, although the company also reported strong momentum in certain regions, particularly North America, and maintained stability in various European markets.
The B2B segment generated €688.3 million in revenue, a decrease from €754.3 million in the previous year. Adjusted EBITDA declined to €141.4 million from €222 million, while post-tax profit fell to €44.2 million. Playtech attributed much of this decline to the revised terms of its Caliente agreement, under which it ceased receiving additional B2B service fees in the first half of 2025 and transitioned to an equity stake of 30.8% from the second half onward.
The B2C revenue component also contracted, dropping to €78.5 million from €97.8 million in FY24. This contraction reflects Playtech’s ongoing strategic retreat from direct consumer engagement, exemplified by the €2.3 billion sale of Italian operator Snaitech to Flutter Entertainment and the disposal of HAPPYBET in Germany.
These developments highlight Playtech’s ongoing transition, with reported revenue influenced not only by prevailing trading conditions but also by a narrower operational footprint resulting from asset sales and restructuring efforts. North America emerged as Playtech’s strongest regional performer. Revenue in the US and Canada surged by 71% year-on-year on a constant currency basis, rising from €29.8 million to €48 million. Playtech credited this growth to increased customer activity, citing key partners such as DraftKings, FanDuel, Hard Rock Digital, and Delaware North.
Live Casino was identified as a pivotal growth driver. The company reported nearly doubling the number of live tables operated across studios in New Jersey, Michigan, and Pennsylvania year-on-year, emphasizing the strategic importance of regulated US markets for scalable content and infrastructure providers.
In Latin America, revenue declined by 27% to €162 million, primarily due to the revised structure of Caliente and the implementation of VAT in Colombia. Despite this, Playtech continues to regard Latin America as a strategic priority. Excluding the impact of Caliente, regional revenue was up 8% year-on-year, with regulation in Brazil providing some offset against regional pressures. Colombia remains relevant within Playtech’s medium-term strategy, particularly through its partnership with Wplay, despite current tax burdens on online gambling deposits. In Europe, the company reported resilience, with B2B revenue rising 4% to €207.4 million despite ongoing tax-related headwinds. Within continental Europe, markets such as Poland, Spain, Greece, and France stood out during 2025, whereas UK revenue declined by 6% year-on-year when reported seperately.
The company also addressed its ongoing legal dispute with Evolution AB, clarifying: “Evolution has not requested permission of the New Jersey Court to add any group entity to the proceedings and no claim has been served on Playtech plc or any of its subsidiaries.” The dispute entered the public domain in October 2025, when Evolution alleged that Playtech had hired Black Cube, an Israeli private intelligence firm, to investigate its rival. Playtech confirmed commissioning a private investigation and defended its decision. Evolution characterized the situation as a smear campaign, warning of potential reputational and financial harm. Playtech responded critically, stating: “Evolution continues to seek to avoid legitimate scrutiny rather than address longstanding questions about its conduct, including its decision to supply operators in illegal markets and to support unlicensed operators in regulated markets.”
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This ongoing dispute has exacerbated pressures on Playtech shares, which faced sharp declines when the conflict became public. Over the past year, the stock trend has remained predominantly negative, despite the company’s stronger performance in North America and a more optimistic outlook from management. Investor sentiment remains cautious amid the broader market challenges.
The FY25 results underscore Playtech’s strategic pivot towards a more focused B2B model. While this transition has temporarily impacted reported earnings, the company’s expansion in North America and the resilience of certain European markets suggest a clearer long-term trajectory. Nonetheless, the short-term financial landscape continues to present headwinds, reflecting the complexities of its ongoing transformation. Playtech Revenue Profit
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]]>The post High Roller Partners with Playtech to Launch iGaming Platform in Ontario appeared first on iGaming Amerika.
]]>The announcement marks a significant milestone for High Roller, which is ramping up efforts to establish a foothold in regulated markets. CEO Ben Clemes expressed his enthusiasm: “Collaborating with Playtech in Ontario is an exciting step for High Roller as we continue to grow and evolve. Playtech’s well-established technology will be instrumental to our mission of providing a world-class entertainment experience for our players.”
Playtech’s Chief Revenue Officer, Sergey Harutyunyan, echoed this optimism, emphasizing the company’s commitment to supporting High Roller’s expansion. “We are delighted to partner with High Roller as they expand into Ontario. Playtech’s technology is designed to support operators in regulated markets, and we look forward to working together to provide High Roller’s players with safe, innovative and engaging gaming experiences.”
Beyond the partnership, High Roller has taken official steps by submitting an application for an Internet Gaming Operator license in Ontario. If all goes well with regulatory approvals, the platform intends to launch its live operation in the province during the second half of 2025.
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Meanwhile, Playtech continues to broaden its reach. Recently, the company and Hard Rock Digital rolled out a new live trivia game show on Hard Rock Bet in New Jersey. This interactive offering features real-time quiz segments hosted by professional show presenters, allowing players to answer trivia questions for prizes. Customization options let users personalize themes, languages, and display settings, enhancing engagement.
Playtech’s Live Trivia Game Show adds an exciting dimension to the gaming experience, offering a dynamic alternative to traditional casino play. As Playtech put it, “The introduction of Playtech’s Live Trivia now adds a new layer of engagement, offering players an exciting, interactive experience beyond traditional casino gaming.”
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]]>The post Playtech and SkillOnNet Introduce Popular Slots to Ontario appeared first on iGaming Amerika.
]]>SkillOnNet, which is already established in Ontario, views this launch with Playtech as a noteworthy milestone. Paul Gielbert, Eyecon’s Commercial Director, highlighted the importance of this release, stating, “The launch of our games in Ontario with SkillOnNet is an important milestone in our Group’s strategy to expand into new markets. SkillOnNet is a key operator in the Ontario market, and we are excited to be building on our already strong relationship with them as our exclusive partner for this launch.”
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Additional operators in Ontario are anticipated to introduce Eyecon games throughout the coming year. Notably, Playtech acquired the Eyecon brand in 2017, enhancing its portfolio in the gaming industry.
Jani Kontturi, head of Games at SkillOnNet, expressed enthusiasm for the ongoing collaboration with Playtech. He remarked, “We’re thrilled to extend our relationship with Playtech and introduce Eyecon’s portfolio of exciting and high-performing games to the Ontario market. We’re committed to providing the best and most comprehensive collection of content on our platforms in all the jurisdictions we operate in so that we can build the best UX possible.”
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