Tag Archives: Mateusz Juroszek

STS guarantees Betsys dividend ahead of WSE debut call 

STS Holding has revealed that it has received a dividend of PLN 13.3 million (€2.8m) related to the performance of its tech subsidiary Betsys. Providing investors an update on Betsys performance, STS disclosed that, during 2021, its tech unit had grown in EBITDA to PLN 21.8 million (€4.6m), up 50% on FY2020 corresponding results of PLN 14.5 million. Profits generated …

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STS applies Mentor to comprehensively monitor player engagements 

STS Group has achieved a major technology and responsible gambling objective launching ‘Mentor’ its new player behavioural monitoring solution.  Developed by independent engineering studio Neccton – Mentor will be initially applied across STS’s UK online gambling inventory to monitor customer engagements. A 15-year specialist in player security for online gambling, Neccton has developed Mentor to be the most comprehensive and …

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STS recruits Jaroslaw Walaszek as CIO to strengthen proprietary tech focus  

STS Group has announced the appointment of Jaroslaw Walaszek as its new Chief Information Officer (CIO), tasked with overseeing the strategic development of its proprietary technologies and product portfolio.  Fresh to the igaming sector,  Walaszek joins STS from pan-European media conglomerate  Ringier Axel Springer Media AG, where he formally served as IT Development Director.  Updating media, STS underscored Walaszek’s proven …

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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 …

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STS prices up pre-Warsaw IPO bookbuild 

STS Holding has published a corporate prospectus outlining the material information and timetable of the initial public offering (IPO) of STS Gaming Group (STS) on the Warsaw Stock Exchange (WSE). This summer, Poland’s Financial Conduct Authority disclosed that the Juroszek family, who control 100% of STS shareholding, had submitted a filing evaluating Warsaw IPO options for STS – Poland’s biggest sportsbook …

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Genius Sports boosts Polish market presence via STS deal

Genius Sports has struck a partnership with Polish operator STS, focusing around driving the expansion of the latter’s in-play offering via the leveraging of data. As a result of the agreement, STS will gain access to the NYSE-registered sports data and technology firm’s LiveData and LiveTrading solutions to deliver official data across thousands of sporting events each year, as well …

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STS Warsaw IPO weighed by Juroszek family

The board of STS Holdings has submitted a corporate prospectus to Poland’s Financial Conduct Authority disclosing plans to list the STS SA sportsbook business on the Warsaw Stock Exchange (WSE).  Despite the submission, STS governance underlines that no final decision has been made on an IPO and the structure of any offer that will be provided to potential investors. As …

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STS to enter new markets with revamped website

STS has strengthened its presence in international gaming markets after launching a revamped version of its stsbet.com website.  The new website, which enables STS to ‘enter new foreign markets’, will allow the company to “offer innovative solutions that are nowadays necessary to acquire an advantage over competitors and effectively acquire customers”. As a result, players will now benefit from an …

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GRAJ: STS grows in dominance of ‘unprotected’ Polish market

GRAJ Legalnie, Poland’s sports betting trade association, has warned the government that the performance and tax earnings of licensed incumbents is being impacted by ‘grey zone operators’. Publishing its 2020 market report tracking the activities of Poland’s regulated sports betting incumbents, GRAJ has revealed that ‘grey zone activities account for several dozen percentage points from the licensed market’. The association …

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