Tag Archives: Mateusz Juroszek

Nominated as a new board member of Gaming Innovation Group (GiG), Mateusz Juroszek, partner and co-owner of investment fund Betplay Capital, backs a transformed GiG to become the biggest disruptor of igaming media. Yesterday, GiG accelerated its plans to split its business by announcing the composition of two separate boards for its Platform and Media subsidiaries. Alongside legal expert Cristina …

The board of Gaming Innovation Group (GiG) has submitted its proposal to form two separate board entities needed to advance plans for the strategic split of its Media and Platform businesses. The proposal has been summitted to investors ahead of GiG’s Annual General Meeting (AGM) to be held in Stockholm on 22 May 2024. Investors were informed that “the Nomination …

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 has published all documents related to a proposed plan to bookbuild £600m in new capital, which will be primarily used to acquire STS Group – Poland’s largest bookmaker. The London Stock Exchange (LSE) has been informed that shares of the FTSE100 gambling group will be offered to institutional investors through an accelerated bookbuild process. In addition, Entain will …

Mateusz Juroszek, the CEO of STS Group, Poland’s largest bookmaker which accounts for +51% of market share has shed light on the company’s strategic reorganisation, refocusing growth in its home market.  Speaking to SBC, Juroszek cites confidence in the company’s ability to deliver its targets for 2023 and spoke candidly about its strategic long-term objective beyond Polish boundaries.  “We are …

STS Group has detailed a positive start to 2023 trading, strengthening its position as “Poland’s premier betting group”.  Providing a Q1 update, STS recorded group revenues of PLN 153m (€34m), up 7% on corresponding 2021 results of PLN 142m (€31m). The revenue increase was generated off a Q1 wagering volume of PLN 1.19bn (€246.6m), as STS betting capacity outpaced 2021 …

STS and Fortuna, two of Poland’s largest licenced bookmakers, have announced a new marketing campaign to draw consumers away from ‘grey market’ operators, ‘Play Legally’. The duo will give up branding space on team uniforms and pitch side LED screens in top-flight PKO Bank Polski Ekstraklasa fixtures between 12-15 May to promote the new slogan. Describing ‘Play Legally’ as a …

STS Group has reported on a consecutive record-breaking quarter performance, benefitting from continued growth in its home market of Poland. Opening its 2023 accounts, STS cites that Polish growth has helped its business overcome recent market exits in the UK and Estonia, announced during the close of 2022. Q1 trading saw the Warsaw SE-listed betting group achieve wagering results of …

Rounding off its first year as a Warsaw Stock Exchange (WSE) business, Polish and CEE betting operator STS Group SA reports 16% year-on-year revenue Increase and 29% boost in net profit,  Maintaining its dominant Polish market share and CEE pole positions,  STS reported a consolidated revenue of PLN 579m for 2022, marking a 16% increase from PLN 498m in 2021. …