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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Fortuna Entertainment receives Fortbet takeover offer
Fortuna Entertainment Group has announced that it has reached an agreement with Fortbet Holdings Limited, its majority shareholder, in relation to a takeover bid for the company. Fortbet, a subsidiary of the Central European investment group Penta Investments, currently owns a little under 80% of the firm, but is now bidding for full control after raising its stake from 68% …
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