STS Holding Reports Slight Revenue Increase for the First Half of 2022
STS Holding has published its financial results for the first half of 2022. The company has generated NGR of over PLN 296 million in the first half of 2022, compared to nearly PLN 296 million last year. From January to June 2022, the value of bets concluded by the clients of the STS Group amounted to PLN 2.189 billion, compared to PLN 2.222 billion last year. Only in the second quarter of this year, the value of bets was higher than in the first quarter of this year and in the second quarter of the last year.
In the second quarter of 2022, the number of active users amounted to 375 thousand. From April to June this year, the Group acquired 92,000 new registrations, with 66,000 customers who made the first deposit.
“In the first half of this year, we achieved very good operating results. We have slightly improved NGR – the value of amounts staked by the customers, less the winnings paid and gambling and lottery tax – compared to the same period last year. It is worth noting that in 2021, the EURO 2020 was played in that period. In the second half of this year, we hope that the very attractive calendar of sports events and the World Championships in Qatar will allow us to develop even better operating indicators, which will also positively translate into financial results,” Mateusz Juroszek, President of the Management Board of STS Holding, said.
From January to March this year, the Group generated PLN 158 million of NGR, which was a record level on a quarterly basis. This means an increase of 15% y-o-y. Adjusted EBITDA in the first quarter of this year amounted to PLN 72 million, compared to PLN 61 million a year before. There was a year-on-year increase by 17%. In Q1 2022, the revenue of the STS Group amounted to PLN 142 million, as compared to PLN 125 million in Q1 2021, which represented a year-on-year increase of 14%. In Q1 2022, STS S.A. – the main operating company of the STS Group – achieved a net result of as much as PLN 59 million, which means an increase by 24% year-on-year.
PRAGMATIC PLAY STRENGTHENS AUSTRIAN PRESENCE WITH WIN2DAY PARTNERSHIP
Pragmatic Play, a leading content provider to the iGaming industry, is supplying games to Austrian operator win2day.
Operated by Austrian Lotteries, win2day is the only licensed supplier of lottery and online casino in Austria, where it also provides sports betting.
A selection of Pragmatic Play’s award-winning portfolio of Slots is being made available to win2day players over the coming weeks. Already live is Madame Destiny Megaways™, which will soon be followed by award-winning titles Gates of Olympus™ and Sweet Bonanza™.
Other player favourites scheduled for release include Big Bass Bonanza™, Big Bass Splash™, The Dog House Megaways™, Fruit Party™, Book of the Fallen™, John Hunter™ and the Tomb of the Scarab Queen™, and Wolf Gold™.
The partnership with win2day follows a pattern of continued expansion for Pragmatic Play in regulated markets across the globe.
Irina Cornides, Chief Operating Officer at Pragmatic Play, said: “I’m excited to welcome win2day to our growing customer base in Austria. Pragmatic Play is proud to partner with operators who share our commitment to product quality and player protection, as we strive to provide engaging entertainment experiences for new and established audiences worldwide.”
Martin Miesler, Head of Games at win2day, said: “We are delighted to have partnered with Pragmatic Play and begin uploading its slot content to our platform. Win2day is proud of providing the most impressive and innovative offering to our online casino players, a criterion that Pragmatic Play fills perfectly and we can’t wait to see how our audience responds.”
Hipther’s Autumn Flagship Event Rebranded to GamingTECH CEE – Don’t Miss the Early Bird Offer!
The #hipthers are thrilled to announce the biggest edition and rebranding of Hipther Agency’s renowned flagship event for the Central and Eastern European region: the CEEGC Budapest gets a fresh makeover and becomes the GamingTECH CEE Summit Budapest!
The hugely successful event series in Budapest has cemented the hipthers’ leadership in the region of Central and Eastern Europe, embraced by the iGaming and Tech industry professionals locally and beyond.
GamingTECH CEE, formerly known as CEEGC, has a 7-year tradition of being the leading event in the Central and Eastern European region during Autumn. The conference brings together key players in the gaming industry, providing a wealth of valuable information and opportunities for quality networking. Furthermore, the GamingTECH Awards recognize and celebrate the most innovative and successful companies in the region.
GamingTECH CEE 2023 will take place on 26 September at the Ritz-Carlton, Budapest, while the hipthers will be offering Early Registration and Welcome Drinks on the 25th, to help participants break the ice, connect with new and old friends, and relax before the knowledge-packed conference.
The final Conference Agenda is to be announced, with the current draft promising insights about the future of Gaming in the Central and Eastern Europe, Compliance Challenges and Opportunities, Responsible Gaming, Blockchain, AI and Machine Learning, as well as Networking Sessions and the Evening Social Gathering to close the event in style and togetherness!
Zoltan Tuendik, Co-Founder and Head of Business of Hipther, stated about the upcoming event: “We are embracing the boundless possibilities of the future and the transformative power of technology in the gambling industry. Through the rebranding of CEEGC Budapest to GamingTECH CEE Summit Budapest, we herald a new era of excitement, innovation, and limitless potential. Join us this September in Budapest to explore the frontiers of gaming technology, as we pave the way for a future that will revolutionize the way we play, engage, and win”.
GamingTECH CEE 2023 Registration is Now Open!
→ Don’t Miss the Early Bird Rates & Stay Tuned for the Combo Pass that is coming soon!
Esports Championships Amplifies the Excitement of Highly Anticipated European Games in Poland
The inaugural European Games Esports Championships (#EGE23) will welcome esports athletes and teams from across Europe to compete in two top esports titles – eFootball 2023 and Rocket League, this June.
The esports athletes will compete in parallel with the 7000 athletes representing 48 countries at the third edition of the European Games in Kraków and the Małopolska region of Poland. #EGE23 will add a whole new dimension of competition and entertainment to this grand sporting fiesta.
The Global Esports Federation and the European Olympic Committees confirmed that #EGE23 will run from June 30 to July 2. The International Congress Centre (MCK) in Katowice will become the epicentre of digital competition and is set to be a landmark event in the region’s sporting calendar.
The Open and Women Categories for eFootball 2023 and Open Category for Rocket League at #EGE23 will allow esports athletes from across the continent to compete for national glory.
Commenting on the groundbreaking nature of #EGE23, Aurelia Ruetsch, GEF Board Member and Chair of the EGE23 Coordination Commission, said: “The European Games Esports Championships represents a pioneering moment for esports in Europe. Having been part of the team at the inaugural European Games Baku 2015, I am thrilled to see another first with the EOC as we convene top-level esports competitions alongside traditional sports, celebrating youth culture in the heart of Europe.”
“We are delighted to see esports in this prestigious event – the European Games. The #EGE23 is a significant milestone in the development of esports in Europe. It’s a joyful celebration of youth, esports, and sport all together,” Chris Chan, President of the GEF, said.
In addition to the esports competitions, the #EGE23 will feature the GEFestival – a celebration of esports’ inclusive culture, games, music and entertainment – and GEFcon, a global convention of thought leaders and idea creators in business, esports, sport and technology on an international stage for sharing and learning.
“The Esports Championships is an extraordinary addition to the European Games lineup and underscores the progressive vision of the diversity and inclusivity of the sports world, highlighting the common ground they share in terms of dedication, strategy, and the pursuit of excellence. We are delighted to collaborate with the Global Esports Federation on the first of many planned initiatives,” Spyros Capralos, President of EOC, said.
Hasan Arat, Chair of the EOC Coordination Commission for the European Games 2023, said: “The EOC is delighted to have partnered with the Global Esports Federation to host the Esports Championships in Katowice this summer.
“Esports is hugely popular worldwide, especially among the younger generation, and as the European Games continues to look for ways to innovate and attract a younger audience, this is a significant step.
“The International Congress Center in Katowice will be the perfect venue for the competition, and I know that it will be a memorable occasion for all the esports athletes taking part.”
The MGA publishes its 2022 Annual Report and Financial Statements
Week 22/2023 slot games releases
IGT Propels Leadership in Sweden via Three-Year Contract Extension with Svenska Spel
Lorgar Cup: the Ultimate CS:GO Tournament for Aspiring Gamers
NeoGames’ Aspire Global and its Leading Product Suite Now Live with Metropolitan Gaming
CasinoBeats Summit achieves a momentous triumph by doubling its numbers
EUROPE’S TOP EA SPORTS FIFA 23 PROS FACE OFF IN $280K eCHAMPIONS LEAGUE FINALS ON JUNE 7 IN ISTANBUL
SOFT2BET PARTNERS WITH RAW ARENA TO OFFER INNOVATE THEIR GAMES CATALOGUE
NuxGame Bolsters Payment Processing With CoinPayments Integration
Blocktrade Launches New Gamified Universe to Transform How Users Engage with Digital Assets
Hipther Introduces Rite NRG and Darek Hiliński
BETSSON GROUP AND BETSAFE NOMINATED FOR THE BALTIC AND SCANDINAVIAN GAMING AWARDS
Gaming Americas Weekly Roundup – May 1-7
PandaScore BetBuilder goes live with Ladbrokes Australia
London Blockchain Conference: Where iGaming Meets Blockchain Technology
EGT Romania’s Exciter IV Offers Fabulous Gaming Experience
Latest News5 days ago
Top Tips for Assessing iGaming Platform Quality
Central Europe6 days ago
Hipther’s Autumn Flagship Event Rebranded to GamingTECH CEE – Don’t Miss the Early Bird Offer!
Latest News6 days ago
Where will Jordan Pickford go if Everton is relegated? Online Sportsbook Cloudbet Says All Odds Point to Tottenham
Gaming Awards6 days ago
The winners of the 2023 Game Developer Awards are in
eSports6 days ago
Bollywood stake in Indian Esports; actor Tiger Shroff invests in Revenant Esports
Industry News6 days ago
IGSA Celebrates 25th Anniversary
Baltics6 days ago
Betsson Renews Sponsorship with Lithuania’s Basketball Men’s Team
Asia6 days ago
Meet BetConstruct at G2E Asia in Singapore