Tag Archives: STS

  1. Home
  2. STS
STS revenue declines despite higher stakes in Q2
July 20, 2022

STS revenue declines despite higher stakes in Q2

Bookiecity

STS – Poland’s largest bookmaker – reported a drop in net gaming revenue despite an increase in wagers in Q2.

In Q2, wagers were up 1.0% year-on-year to PLN1.11bn, despite Q2 of 2021 including the rescheduled Euro 2020. However, net gaming revenue – which includes gambling taxes as well as winnings – declined by 16.6% to PLN138m.

The business had 375,000 active users during the quarter, down from 417,000 in the same period of 2021. In addition, it reported 92,000 new registrations, down 22.7%, and 66,000 first-time depostors, down 19.2%.

Looking at the first half of 2022, net gaming revenue came to PLN296m, very slightly up from the same period of 2022.

The increase came as total wagers with the operator dipped sightly to PLN2.19bn.

“In the first half of this year, we achieved very good operating results,” STS chief executive Mateusz Juroszek said. “We have slightly improved NGR – the value of amounts staked by the customers, less the winnings paid and gambling and lottery tax – c..

Continue Reading

STS adds horse racing to UK site
March 16, 2022

STS adds horse racing to UK site

Bookiecity

Poland-based operator STS has announced its expansion into the horse racing vertical in the UK.

The operator has announced its expansion into horseracing on the week of Cheltenham Festival. STS’s portfolio of services already includes sports betting, virtual sports, online casino and esports betting.

It will be increasing its offering across a range of horse and greyhound racing content in the UK, providing live streaming from international and domestic racecourses throughout the year. Customers will also be able to watch the races and bet via mobile devices.

STS will receive risk-managed odds, data and live-streamed video, all provided by At the Races (ATR) Markets.

“We are going to work with ATR Markets over the coming months to enhance the product further by adding additional features plus adding to the available content, including international racing from other territories” said STSBet managing director, Filip Sosnowski.

“We will offer regular horse racing promotions, special..

Continue Reading

STS Holdings reports record stakes and active users in 2021
February 21, 2022

STS Holdings reports record stakes and active users in 2021

Bookiecity

Polish operator STS Holdings has reported record highs in a number of operating stats, including stakes, in 2021.

The value of bets placed with STS was PLN4.50bn (£830.0m/€1.00bn) during the year, representing a 25.0% increase year on year.

The company recorded 693,000 active users in 2021, up from 557,000 the year before. There was also an 18.0% increase in new registrations, as 370,000 new customers signed up comapred to 314,000 in 2020.

249,000 players placed their first deposits with the company last year, which was a 21.0% increase on 2020’s figure.

CEO Mateusz Juroszek said: “As expected with previous predictions, 2021 was a record year for the group.

“We achieved high increases in key operational data, such as the amounts staked and the number of active users. This shows the dynamics of the growth phase the STS Group is currently in.

“We expect to continue to achieve our previously established medium and long-term goals in the coming reporting periods. What’s more, as w..

Continue Reading