iGaming group STS Holding considering Warsaw IPO

STS Holding, the largest bookmaker group, submitted a prospectus to the Polish Financial Supervision Authority. The company is considering a public offering and a debut on the WSE.

STS is a licensed bookmaker group in Poland, operating also on foreign markets, including in Great Britain and Estonia. STS has approximately half of the shares in the Polish bookmaking market. Last year, the STS group acquired 74% of the shares of the Czech Betsys group, which deals with IT solutions for STS.

STS Holding announced that it has submitted a prospectus to the Polish Financial Supervision Authority, as well as that it is considering an initial public offering and a debut on the Warsaw Stock Exchange.

“Now is the time to consider the next important step. We decided to file a prospectus with the Polish Financial Supervision Authority because we believe that a group such as STS, with an excellent market position, high recognition and a strong management team, will be attractive to Polish and foreign investors. The more so as the Warsaw Stock Exchange does not have an issuer from the iGaming sector in its portfolio, ”says Mateusz Juroszek, president of the management board of STS Holding.

Source

Our privacy policy
%d bloggers like this: