Tag Archives: Mateusz Juroszek

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 …

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. …

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 …

STS Group, among the largest bookmakers in Central Europe and a market leader in Poland, told investors that it has managed to overcome challenging trading conditions in H1, 2022, thanks to what it described as its ‘competitive advantages’ in the marketplace. The biggest bookmaker in Poland, in terms of turnover, generated consolidated revenue of PLN 263m, with adjusted EBITDA coming …

STS Group has reported a strong start to year trading, completing its first business quarter as a Warsaw Stock Exchange (WSE) enterprise.    Filing its Q1 2022 financial results, STS achieved group revenues of PLN 282 million (€61m), up 6% on pre-WSE results of PLN 265 million. Period trading saw STS pay combined Polish lottery and sports betting taxes of PLN …

STS Group has retained its status as the biggest and sole publicly-listed bookmaker operating in Poland, having confirmed an extension to its agreement with TV Zaidimai Ltd this week.  One of the largest bookmakers in Central Europe, the group offers wagers for BetGames’ simulated card games across its sales channels. Under the terms of the extended collaboration, the parties will …

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 …

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 …

STS Holdings has reported a strong trading year for 2021, as it made its debut on the Warsaw Stock Exchange (WSE), in particular experiencing increases in player number and bet volume.  Issuing an update this morning, the company – the largest betting operator in Poland – reported that the total value of bets placed by its customers stood at nearly …

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 …