Sept 16 (Askume) – British gaming technology company Playtech PLC (PTEC.L) said on Monday it expects adjusted core profit in 2024 to be slightly above market expectations, mainly due to strong performance in its business-to-business (B2B) unit.
The London-listed company said its B2B unit saw revenue rise in the six months to June 30 due to tight cost controls in the United States.
Playtech also said it had reached an agreement with CaliPlay, a subsidiary of Mexican sports betting company Caliente Interactive, and would hold a 30.8% stake in Caliente.
Under the terms of the agreement, Playtech will have the right to appoint directors to Caliente’s board of directors. It also signed a revised eight-year B2B software license and services agreement.
