STS Gaming Group remains on track for a positive end to 2022 trading, as its third quarter operations were bolstered by an early start to football wagering. The firm reported revenue of PLN 150m (€31.9m), a 25% increase on Q3 2021 income of PLN 115m (€24.5m), and EBITDA of PLN 73m (€15.5m), representing a growth rate of 39% on 2021 …
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STS signals positive H1 results driven by Betsys benefits
STS Group has underlined its confidence in achieving its full-year 2022 commercial and tech objectives, following strong H1 corporate performance. Publishing a snapshot update on H1 2022 trading, Poland’s largest betting group matched like-for-like H1 2021 NGR results of PLN 296m (€62m). The positive NGR result was generated from combined group wagers of PLN 2.2bn (€460m) as STS matched tough …
Read More »STS Holding ownership eyeing up future investments following Warsaw IPO
STS Holding SA‘s owners, the Juroszek family, are reportedly planning on making stock purchases and launching an investment arm, according to Bloomberg. By selling 30% of shares in STS, Poland’s largest sports betting operator, ownership were able to raise 1.08 billion zloty (€235.5m). STS is currently on track to begin trading on the Warsaw Stock Exchange later this week, with …
Read More »Betsys lauds consecutive listing as Deloitte ‘Fast-50’ CE enterprise
Betsys, the technology unit of STS Group, has been recognised by global auditing group Deloitte as one of the fastest-growing tech companies operating in Central Europe. For a second consecutive year, Prague-based Betsys has ranked in Deloitte’s “Fast 50 Tech” index for Central Europe, listed as 39th amongst the fastest growing enterprises of Europe’s most dynamic tech scene. The Deloitte …
Read More »New Polish poker table in BetGames section for STS
STS has boosted its product portfolio by introducing a new poker table in the BetGames.TV section of its Polish website. The new poker product, confirmed STS, arrives as a result of an expanded cooperation with the live betting games supplier. For STS, the largest bookmaker in Poland with over 47% market share, this deal shows that it is not …
Read More »STS completes takeover of Czech software provider Betsys
STS has completed the takeover of Czech betting software company Betsys, already its main provider of IT solutions for both online and retail channels in Poland. For STS, the largest bookmaker in Poland with over 47% market share, this takeover represents the next stage of its ‘dynamic development’. Having dominated the betting industry in Poland, STS expanded its business to …
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