Playtech (GB:PTEC) has released an update.
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Playtech PLC has announced a positive trading update for the first half of 2024, with its Adjusted EBITDA expected to exceed current market expectations, largely due to a strong performance in its B2B division. The company highlighted significant revenue growth in the Americas and cost control measures, as well as a constructive dialogue regarding the potential sale of its B2C unit, Snaitech, to Flutter. Playtech plans to release detailed interim financial results on September 30, 2024.
For further insights into GB:PTEC stock, check out TipRanks’ Stock Analysis page.
