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 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 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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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 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 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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STS will deliver new innovations to its home market of Poland after becoming the exclusive operator of BetBooster, developed by sports data studio LVision. BetBooster is an automated sports insight feed designed to optimise customer engagement with betting markets, based on historical data of markets and AI analysis of player behaviours. Promoted as a widget across STS sportsbook portfolio (mobile …
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Mateusz Juroszek, owner and Chief Executive of STS, Poland’s biggest bookmaker tells SBC that his company is coming out of lockdown stronger having completed key management objectives in expanding the firm’s proprietary technology capacity acquiring long-term Czech IT partner Betsy. Accelerating STS European expansion projects and initiatives, Juroszek states that his firm will be the one-to-watch for the remainder …
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STS has boosted its product portfolio by introducing a new poker table in the BetGames.TV section of its Polish website. The new poker product, confirmed STS, arrives as a result of an expanded cooperation with the live betting games supplier. For STS, the largest bookmaker in Poland with over 47% market share, this deal shows that it is not …
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STS has completed the takeover of Czech betting software company Betsys, already its main provider of IT solutions for both online and retail channels in Poland. For STS, the largest bookmaker in Poland with over 47% market share, this takeover represents the next stage of its ‘dynamic development’. Having dominated the betting industry in Poland, STS expanded its business to …
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