Sept 16 Reuters 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 businesstobusiness B2B division.

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

Playtech also said it has entered into an agreement with Mexican sports betting firm Caliente Interactive39;s unit Caliplay, and will hold a 30.8 equity interest in Caliente.

Under the terms of the agreement, Playtech will have the right to appoint a director to Caliente39;s board. It has also entered into a revised eightyear B2B software licence and services agreement.

Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Sonia Cheema

Source Reuters