Tag Archives: Mateusz Juroszek

STS closes €65m in H1 revenue ahead of Entain integration

Mateusz Juroszek, STS Holding President

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 …

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Entain launches £600m bookbuild to acquire STS Poland 

STS

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 …

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Mateusz Juroszek: Polish ‘National Hero’ STS undeterred by international risks

SBC News Mateusz Juroszek: Polish ‘National Hero’ STS undeterred by international risks

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 …

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STS tightens Polish grip following strong Q1 results 

Mateusz Juroszek, STS Holding President

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 …

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STS and Fortuna launch ‘Play Legally’ campaign against Polish grey market

STS and Fortuna launch ‘Play Legally’ campaign against Polish grey market

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 …

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STS maintains Polish growth amid business reorganisation 

SBC News STS maintains Polish growth amid business reorganisation 

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 …

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STS calls time on UK & Estonia ventures to prepare for stormy 2023 

STS

STS Group has confirmed that it will begin to ‘phase out’ its business activities in the UK and Estonia to strengthen its objective to increase profitability for investors.    The decision follows successful 2022 trading, which saw STS strengthen its position as Poland’s largest bookmaker, accumulating PLN 4.68bn (circa €1bn) in wagers. 2022 saw Poland’s market leader generate net-gaming-revenues (NGR) of …

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BetGames’ Twain Sports makes CEE move with STS

BetGames’ Twain Sports makes CEE move with STS

BetGames has expanded the presence of its Twain Sports live sports vertical, jointly operated with the Hybrid Sports League, in Central and Eastern Europe (CEE). The company has inked a partnership with STS, the leading betting operator in Poland, which will gain access to its full portfolio, including the T-basket product, adding to its sportsbook, virtual sports and esports offering. …

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