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STS Reports Consolidated Revenue Rise of 16% for FY22
The STS Group – one of the largest bookmakers in Central Europe and the market leader in Poland – recorded consolidated revenue of PLN 579 million in 2022, compared to PLN 498 million a year earlier. This represents a year-on-year increase of over 16%. The net profit attributable to the shareholders of the parent company amounted to PLN 169 million, as compared to 131 million in 2021. This represents a year-on-year increase by almost 29%. In addition, adjusted EBITDA reached the level of PLN 273 million last year, which is an increase of over 26% compared to the result from 2021. The adj. EBITDA margin in 2022 was 41.2%, compared to 38.2% the year before. Thus, it increased by 3 percentage points.
In Q4 2022 alone, the STS Group generated revenue of PLN 167 million, that is 43% more than in the previous year. Consolidated net profit attributable to shareholders of the parent company from October to December 2022 amounted to PLN 58 million, i.e. 290% more year-on-year. Adjusted EBITDA in Q4 2022 amounted to PLN 83 million, which means a year-on-year increase by 122%.
“A very good year is behind us – we generated the highest operating results in the Group’s history, which translated into extremely satisfactory financial results. We will soon make a decision regarding the payment of dividends. In accordance with the applicable policy, we will pay 100% of the profit of STS Holding S.A. to the shareholders. Due to the structure of the Group, we will make two payments, as was the case last year,” Mateusz Juroszek, President of the Management Board of STS Holding, said.
“The plan for the current year is to focus on a number of efficiencies. We focus on Poland to increase profitability and fully exploit the potential of the dynamic market. We implement savings and improve our product. We assume that turnover, NGR as well as EBITDA will be higher this year than last year,” Mateusz Juroszek added.
In 2023, the Group is planning a number of activities aimed at increasing the profitability of its operations. To this end, the company reorganised its operations, focusing on Poland and closing its activities under licenses in the UK and Estonia. The operating results achieved by STS S.A. in 2022 indicate the extremely high attractiveness of the Polish market. The company intends to concentrate its activities in order to be able to use the development potential in the country.
In 2022, the STS Group generated NGR of PLN 663 million, compared to PLN 565 million in the previous year, which means a year-on-year increase of 17%. The value of amounts staked by the customers of the STS Group amounted to PLN 4.679 billion, compared to PLN 4.492 billion in the previous year. The number of active users amounted to 783 thousand in 2022 and 693 thousand in 2021. In 2022, the Group recorded 439 thousand new registrations (370 thousand in 2021), and the number of customers who made their first deposit amounted to 317 thousand (249 thousand in 2021). All operational data is at historical highs.
In Q4 2022 alone, the Group generated the historically highest NGR on a quarterly basis; it amounted to PLN 200 million, compared to PLN 136 million in the previous year. The value of amounts staked by the customers of the STS Group in Q4 2022 amounted to PLN 1.38 billion, compared to PLN 1.218 billion in the previous year. In Q4 2022, the number of active customers was 542 thousand, compared to 386 thousand in Q4 2021. The number of registrations in Q4 2022 was 202,000, compared to 87,000 a year earlier. The number of customers making the first deposit in Q4 2021 amounted to 154 thousand, compared to 60 thousand a year earlier.
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CryptoWins.com Expands Portfolio with 30 New Slots from NetGame Integration
40% Match deposit bonus on new NetGame slots for all players this week
CryptoWins the cryptocurrency-only casino that celebrated its 1st anniversary in November 2024, has launched 30 exciting new slots by NetGame, including popular titles like African King, Diamond Shot, Hit in Vegas, Volcano Fruits, and Wild Buffalo. This expansion brings CryptoWins’ total game count to over 470, across 11 software providers.
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“At CryptoWins, we’re committed to bringing players the best entertainment possible, and with each new partnership, we expand our diverse game offerings. The cryptocurrency landscape continues to evolve, and we’re excited to be at the forefront,” says Michael Hilary, CryptoWins Manager.
In addition to the NetGame launch, CryptoWins introduced new slots from Rival in November and Felix Gaming earlier this year. The casino is also set to introduce brand-new types of games this Spring.
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The post CryptoWins.com Expands Portfolio with 30 New Slots from NetGame Integration appeared first on European Gaming Industry News.
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Altenar serves up improved tennis vertical
The upgraded offering will give operators access to increased in-play opportunities and new micro markets
Altenar has enhanced its sportsbook offering with an upgraded tennis vertical, now featuring official TDI data through a strategic integration with Sportradar.
The recent launch brings fast, live data from ATP and Challenger Tour events, increasing the number of in-play betting opportunities and introducing innovative micro markets. By leveraging Sportradar’s advanced AI and deep tennis data from TDI, Altenar can now process hundreds of thousands of data points from every match, offering a significant boost in betting options for users.
The introduction of micro markets allows users to bet on events with an immediate result, such as next serve, break points or the total number of shots in a point. This new feature is expected to enhance the user experience and drive further engagement, as micro markets have already proven to be successful in soccer and major US sports.
Altenar’s commitment to utilising premium data from official rights holders underlines its focus on delivering a superior sportsbook experience. The improvements aim to boost retention rates for operators, ultimately leading to greater revenue.
Antonis Karakousis, Director of Operations at Altenar, said: “This is a pivotal opportunity to achieve our growth ambitions. By integrating cutting-edge tennis data, we are providing unique betting options and the lowest possible latency across all our operators, driving innovation in the industry.”
The post Altenar serves up improved tennis vertical appeared first on European Gaming Industry News.
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Tom Horn Gaming lights up the reels with Wild Skyfire
Tom Horn Gaming, a leading supplier of iGaming content, is thrilled to announce the release of its latest slot game, Wild Skyfire, launching on 4 March. This enchanting slot transports players to the serene town of Hanabi, where a breathtaking fireworks-lit night sky sets the stage for an unforgettable gaming experience.
Blending traditional slot mechanics with a cosy, atmospheric aesthetic, the slot offers players a new way to enjoy gaming – one that’s both familiar and refreshingly different.
Classic Features Meet a Unique Ambience
Unlike fast-paced, high-intensity slots, Wild Skyfire takes a different approach, immersing players in a calm yet engaging environment. Its medium volatility ensures a balanced gaming experience, appealing to both casual and seasoned players alike.
One of the standout features of Wild Skyfire is the Wild symbol, which appears in both the base game and the bonus round. In the base game, the Wild symbol forms wild clusters, increasing the chances of higher wins.
Free Spins, triggered by three Scatter symbols, introduces Sticky Wilds for greater win potential. When activated, any Wild symbols that land during the Free Spins round remain in their positions for the duration of the feature, maximising the opportunities for big wins. Players can retrigger Free Spins multiple times, with each Scatter symbol awarding an extra spin.
For players who enjoy instant action, Wild Skyfire offers a Special Offer Bonus Buy feature. This allows players to immediately access the Free Spins round by purchasing it directly, skipping the wait and diving straight into the most thrilling part of the game.
“With Wild Skyfire we wanted to create something that stands out from the typical high-energy slots, offering a tranquil yet captivating adventure. Its serene atmosphere provides players with an immersive escape while delivering the action they love,” said Katarina Slaninova, Head of Marketing Communications at Tom Horn Gaming.
By offering a game that seamlessly blends tranquillity with gameplay excitement, the company caters to a broad audience looking for both traditional slot thrills and something refreshingly different.
Players can experience the magic firsthand when the game goes on general release on 4 March. They’re invited to explore the captivating world of Hanabi, where big wins shine as bright as the fireworks overhead.
The post Tom Horn Gaming lights up the reels with Wild Skyfire appeared first on European Gaming Industry News.
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