Playtech Announces AGM Results and Leadership Change

Playtech ( (GB:PTEC) ) has issued an update.

Playtech announced the results of its Annual General Meeting held on 21 May 2025, where most resolutions were passed, except for resolutions 12 and 13. Resolutions 2, 6, 7, and 8 were approved but received less than 80% support. The company plans to engage with shareholders who opposed these resolutions to address their concerns. Additionally, John Gleasure has been appointed as the new Chair of the Board, succeeding Brian Mattingley.

The most recent analyst rating on (GB:PTEC) stock is a Buy with a £7.80 price target. To see the full list of analyst forecasts on Playtech stock, see the GB:PTEC Stock Forecast page.

Spark’s Take on GB:PTEC Stock

According to Spark, TipRanks’ AI Analyst, GB:PTEC is a Outperform.

Playtech’s overall stock score of 73 reflects a company with solid financial management and strategic positioning, particularly focusing on its B2B segment. Strengths include strong momentum and strategic moves such as the sale of Snaitech and a special dividend payout. However, challenges remain in revenue growth consistency, B2C performance, and leverage concerns. Addressing these challenges will be crucial for sustained future growth.

To see Spark’s full report on GB:PTEC stock, click here.

More about Playtech

Playtech, founded in 1999, is a leading technology company in the gambling industry, listed on the London Stock Exchange. It provides business intelligence-driven gambling software, services, and platform technology across popular product verticals such as casino, sports betting, and poker. Playtech is known for its omni-channel gambling technology, Playtech ONE, which integrates data-driven marketing, CRM, and responsible gambling solutions across retail and online platforms. The company partners with leading brands in regulated markets, offering its technology on a B2B basis to online and retail operators, casino groups, and government entities.

Average Trading Volume: 1,033,583

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.08B

See more insights into PTEC stock on TipRanks’ Stock Analysis page.