STS hires Jarek Walaszek to oversee tech development

People News

Jarosław Walaszek joins STS Group, the largest sports betting operator in Poland with leading proprietary technology, taking the position of Chief Information Officer.

He is responsible for supporting the company’s management in the development of technologies and the overall digital environment in the Group. Jarosław Walaszek has spent the last 16 years building the digital media world at Onet and later at Ringier Axel Springer Polska.

STS Group is the largest licensed bookmaker in Poland based on turnover , and also operates on an international scale through licenses in the United Kingdom and Estonia, from where it offers its services in several additional markets. The Group’s portfolio of services includes sports betting, virtual sports, an online casino (outside of Poland), BetGames and a wide range of betting services relating to esports.

“We have full control over the technology we use because it is one of our primary competitive advantages. The STS Group structures include a company called Betsys, which has developed a proprietary bookmaking system. The platform is fully scalable and adapted to all sales channels – online, mobile and retail sales.

We develop our product and technology internally and the STS team of specialists in these areas consists of approx. 160 persons. STS is not only a leader in its industry but also an attractive employer that attracts top talent. The fact that Jarek Walaszek joins the Group will allow us to build a completely new quality for customers in Poland and abroad. His experience will help make STS’s product and technology offer even more innovative and focused on mobile solutions,”

Says Mateusz Juroszek, CEO of STS Holding.On December 10, 2021 the shares of STS Holding debuted on the WSE. The total value of the Offering is c. PLN 1.1 billion, while the market capitalization of the Company as a result of the Final Price for the Offer Shares is c. PLN 3.6 billion.

The investors acquired 46,874,998 shares, constituting c. 30% of the share capital of STS Holding S.A. The average reduction rate for subscriptions placed by Retail Investors was c. 87.2%. Mateusz Juroszek, together with his family, retains a c. 70% shareholding in the Company.