Acquisition of Betsys and investments in technology
The Group has been continuously implementing the “mobile-first” strategy based on its proprietary bookmaking system. The Company is focused on constant development of its own technology platform to meet needs of the most demanding customer and set new market standards and trends. The Group’s investments in the product portfolio and new technological solutions amounted to PLN 27.1 million in 2020, PLN 19.5 million in 2019 and PLN 6.5 million in 2018. In addition, in 2020 STS S.A. took control of the Czech technology company Betsys, in which it holds 74% of shares. Betsys is the main provider of IT solutions for a bookmaker in Poland, addressing the needs of both, online and retail channels. The Group’s product and platform development team consists in total of approximately 160 highly qualified professionals, including approximately 85 programmers, 55 other employees in technology and platform development, and 20 employees responsible for business intelligence and business analytics.
Related news
STS Group – PLN 157 million, the adjusted EBITDA in H1 2023
STS S.A. – NGR increase by 26% y-o-y in Q2 2023
The Management Board of STS Holding recommends the payment of a dividend for 2022 in the amount of approx. PLN 86.2 million
