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. …
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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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STS Group has underlined its confidence in achieving its full-year 2022 commercial and tech objectives, following strong H1 corporate performance. Publishing a snapshot update on H1 2022 trading, Poland’s largest betting group matched like-for-like H1 2021 NGR results of PLN 296m (€62m). The positive NGR result was generated from combined group wagers of PLN 2.2bn (€460m) as STS matched tough …
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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 …
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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 …
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Betsys, the technology unit of STS Group, has been recognised by global auditing group Deloitte as one of the fastest-growing tech companies operating in Central Europe. For a second consecutive year, Prague-based Betsys has ranked in Deloitte’s “Fast 50 Tech” index for Central Europe, listed as 39th amongst the fastest growing enterprises of Europe’s most dynamic tech scene. The Deloitte …
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BetCris has marked its first foray into the European online gambling marketplace by launching its online sportsbook within Poland. The South American operator becomes the 20th business (retail and online) to be granted a gambling licence by Poland’s Ministry of Finance. An expansion into Europe had long been touted by the South American operator, which was founded in Costa Rica …
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Betclic Group has moved to refresh its brand image across Poland, launching its new TV advertising campaign ‘Zakładamy się od Zawsze’ (‘Betting since Forever’). The HD campaign co-produced by Warsaw advertising agencies 180HeartBeats and JUNG-v-MATT aims to showcase Betclic’s trusted credentials as one of Europe’s longest-serving online sportsbooks. Bartłomiej Płoskonka, country manager for Betclic Poland, detailed that the French betting …
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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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