Tag Archives: Entain CEE

Entain Plc has announced that the Capital Allocation Committee (CAC) has concluded the strategic review of the FTSE gambling group’s operating structures, global portfolio of brands, and funding. Entain’s board appointed the Committee in January to undertake its review “with the objective of maximising shareholder value and reflecting the operational progress of the business,” as full-year 2023 results declared corporate …

Entain CCE has appointed Mikolaj Cymerman to serve as Chief Commercial Officer (CCO) of the Central and Eastern European venture of FTSE100 Entain Plc. The appointment was confirmed by Cymerman on LinkedIn, who revealed that he would take on the dual responsibilities of commercial lead for Entain CEE as well as serving as an advisor to the board of STS …

STS has announced significant changes in the composition of its Management Board and Supervisory Board from 2024. As one of the top sports betting operators in Poland, STS has now named Radim Haluza as its new CEO. He will also remain in his current position of CEO of Entain CEE, the new owner of STS Group. Mateusz Juroszek, STS’ current …

STS Group reaffirmed its market leadership position in Poland with the publication of its H1 trading results as the company narrowed its focus to its home market. The betting and gaming group, trading on the Warsaw Stock Exchange, reported an increase in net gaming revenue of 17% from PLN 296m (€64.5m) to PLN 346m (€75) driving subsequent growth in terms …

Entain Plc will proceed to finalise its acquisition of STS Holdings, having secured unanimous shareholder approval to acquire the Warsaw-listed online betting group. This afternoon, the board of Entain declared that its £750m acquisition offer had been accepted by “STS shareholders holding a total of 155,591,656 shares, corresponding to approximately 99.3% of the total issued share capital.” As it stands, …

Entain Plc has been granted antitrust approval to proceed with its £750m acquisition of STS Group, Poland’s largest betting group. The FTSE100 gambling group informed investors this morning that Poland’s Office of Competition and Consumer Protection was “satisfied with the conditions of its tender” to acquire Warsaw-listed STS Holdings.  Dealmakers required the Polish government’s antitrust authorization as the STS Group …

Entain Plc has completed its acquisition of leading Croatian bookmaker SuperSport, keeping track on its growth ambitions in Central and Eastern Europe (CEE). Completed via the FTSE100 global betting and gaming group’s Entain CEE division, the takeover strengthens Entain’s foothold in the ‘highly attractive’ Croatian market, as SuperSport joins Entain’s enlarged CEE portfolio of Optibet (Estonia/Latvia) and Totolotek (Poland). Terms …