UK's Playtech sees 2024 profit slightly ahead of market view

Quick Summary:

British gambling technology firm Playtech Plc said on Monday it expects 2024 adjusted core profit to be slightly ahead of market expectations, mainly due to strong performance in its business-to-business (B2B) division.

It has also entered into a revised eight-year B2B software licence and services agreement.

The London-listed company said its B2B division saw revenue growth in the Americas for the six months ended June 30 amid tighter cost controls.

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Category: EconomyBusiness

Markets: Singapore

Topics: Entered 2024 Playtech Division Cubes Gambling Mediacorp Agreement Firm Caliente Experience

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 14:46:42 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 191 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 22525347

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 33 posts per day

Year Established: 1999

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News Last Updated: 2 hours ago

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