Tag Archives: poland

STS has signed a sponsorship agreement with Polish football club, Korona Kielce.  The partnership, spanning until the end of the 2023/2024 season, is the second of the bookmaker’s this week, after also signing a deal with GKS Katowic – notably becoming the first bookmaker in the country to sign a multi-section agreement with a sports club.  Similarly, the bookmaker’s logo …

STS has entered into a partnership with GKS Katowic becoming the first bookmaker in Poland to sign a multi-section agreement with a sports club.  STS has become the official sponsor of all four sections of GKS GieKSa Katowice S.A., including the women’s football club, the ice hockey champions, the volleyball section and the first-league GKS Katowice men’s football club.  The …

STS Group, the subject of a £750m acquisition bid by Entain Plc, continues to consolidate its position as Poland’s market-leading sportsbook.  Publishing its Q2 trading update, Warsaw-listed STS registered a 3% increase in wagering volume to PLN 1.103bn (€245m).  Wagering growth was maintained despite STS disbanding its UK and Estonia businesses, a factor reflected in the firm’s customer KPI metrics …

Entain Plc has been granted antitrust approval to proceed with its £750m acquisition of STS Group, Poland’s largest betting group. The FTSE100 gambling group informed investors this morning that Poland’s Office of Competition and Consumer Protection was “satisfied with the conditions of its tender” to acquire Warsaw-listed STS Holdings.  Dealmakers required the Polish government’s antitrust authorization as the STS Group …

The Juroszek family has become the largest individual investor in Gaming Innovation Group (GiG), increasing its stake to 11.08% in the igaming media services and sportsbook platform provider. This morning, MJ Investments, Betplay Capital, and Juroszek Holdings informed the public that they had acquired a further 1.32 million shares of GiG stock on behalf of the Juroszeks. The enterprise founders …

Superbet Group has restructured its executive management team to support the company’s ongoing international expansion, which will impact its day-to-day business operations.  This shift in the C-level landscape is spearheaded by the appointment of Stephen Parry, former CEO of William Hill International, as the new Chief Operations Officer (COO) at Superbet Group. Parry, an expert in business transformation, is tasked …

Entain Plc‘s board has successfully placed new ordinary shares, raising proceeds of £600m. The transaction comes 24 hours after the firm’s announcement that it had agreed for its Entain CEE subsidiary to acquire STS Group, Poland’s largest bookmaker for an agreed £750m deal. This morning, Entain communicated that a total of 48,294,478 new ordinary shares of €0.01 each have been …

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 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 …