Gambling software firm Playtech has upgraded its guidance due to growth in its business-to-business arm, and said it will deliver €1.7bn [$1.9bn] to shareholders via the sale of Snaitech.

Adjusted earning before interest, tax, depreciation and amortization (EBITDA) in the six months ended 30 June rose 11 per cent to €243m [$271m], driven by “strong performance across the B2B business”, Playtech said.

The company said it was on course to deliver full-year adjusted EBITDA slightly ahead of expectations.