Agreement reached regarding German HAPPYBET assets

Playtech plc

("Playtech" or the "Company")

Agreement reached regarding German HAPPYBET assets

Playtech (LSE: PTEC) (and subsidiaries together with Playtech, the "Playtech Group") is pleased to announce that it has reached an agreement with NetX Betting Ltd., a subsidiary of the Frankfurt listed German operator, pferdewetten.de AG (together "pfederwetten.de") regarding HAPPYBET.

Having closed the Austrian HAPPYBET business in the second half of 2024, the Company announced in March 2025 that it had commenced a process to sell the remainder of the business in Germany. This agreement reflects the Playtech Group's renewed focus as a predominantly pure-play B2B operator.

Pursuant to such agreement, pfederwetten.de is being given the opportunity to contract with franchise partners for the HAPPYBET shops in Germany, subject to negotiations with those franchise partners. As part of this agreement, Pfedermwetten.de will also assume ownership of certain associated hardware.

There will now be a transition period to allow pferdewetten.de to negotiate with the relevant franchise partners and for the relevant regulatory approvals to be sought from the competent authorities in Germany. It is intended that any remaining HAPPYBET assets not transferred to, or assumed by, pferdewetten.de will cease operations and, where relevant, will be wound up.

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About Playtech 

Founded in 1999 and with a listing on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling industry with over 7,300 employees across 19 countries.

Playtech is the gambling industry's leading technology company delivering business intelligence driven gambling software, services, content and platform technology across the industry's most popular product verticals, including, casino, live casino, sports betting, bingo and poker. It is the pioneer of omni-channel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online.

Playtech partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data-driven gambling technology across the online and retail value chain. Playtech provides its technology on a B2B basis to the industry's leading online and retail operators, land-based casino groups and government sponsored entities such as lotteries.