Playtech PLC
LSE:PTEC

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Playtech PLC
LSE:PTEC
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Price: 714 GBX 0.56% Market Closed
Market Cap: 2.2B GBX
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Playtech PLC
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Playtech PLC
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Playtech PLC
LSE:PTEC
Tax Provision
-€137.7m
CAGR 3-Years
N/A
CAGR 5-Years
-17%
CAGR 10-Years
-48%
Entain PLC
LSE:ENT
Tax Provision
-ÂŁ36.1m
CAGR 3-Years
16%
CAGR 5-Years
1%
CAGR 10-Years
N/A
B90 Holdings PLC
LSE:B90
Tax Provision
€12k
CAGR 3-Years
N/A
CAGR 5-Years
-56%
CAGR 10-Years
N/A
No Stocks Found

Playtech PLC
Glance View

Market Cap
2.2B GBX
Industry
Hotels, Restaurants & Leisure

Founded in 1999, Playtech PLC quickly emerged as a formidable force in the online gambling software industry. With its roots in Estonia, the company leveraged the burgeoning digital landscape to create cutting-edge platforms for online casinos, poker rooms, and sports betting. Playtech's business model centers on developing sophisticated software solutions that drive the operations of some of the world's largest and most prestigious gambling companies. By offering a comprehensive suite of products—from live dealer casino games and lottery systems to analytics tools and progressive jackpot networks—Playtech enables its clients to deliver an engaging and seamless gaming experience. The company's strategy of continuous innovation and strategic acquisitions over the years has allowed it to expand its influence across various geographies and verticals, cementing its status as a leader in a competitive market. Central to Playtech's success is its unique revenue model. Primarily, the company implements a Software-as-a-Service (SaaS) framework, charging license fees and earning royalties based on the client's gaming revenues. This ensures a steady stream of income that scales with the success of its clientele. Furthermore, Playtech engages in revenue-sharing agreements, where it takes a percentage of the operators' daily net win, aligning its interests closely with those of its partners. Additionally, Playtech's capabilities extend beyond just software to include gaming management and consulting services, further diversifying their revenue streams. This multifaceted approach not only fortifies Playtech's financial stability but also underpins its ability to adapt to the dynamically shifting landscapes of online gaming regulation and technology innovation.

PTEC Intrinsic Value
1 087.78 GBX
Undervaluation 34%
Intrinsic Value
Price

See Also

What is Playtech PLC's Tax Provision?
Tax Provision
-137.7m EUR

Based on the financial report for Jun 30, 2024, Playtech PLC's Tax Provision amounts to -137.7m EUR.

What is Playtech PLC's Tax Provision growth rate?
Tax Provision CAGR 10Y
-48%

Over the last year, the Tax Provision growth was -39%.

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