New leadership post-Entain CEE acquisition – Radim Haluza takes the helm at STS

Lea Hogg December 19, 2023

Share it :

New leadership post-Entain CEE acquisition – Radim Haluza takes the helm at STS

Poland’s leading sports betting operator, STS, has undergone a significant leadership shakeup following its acquisition by Entain CEE for ￡750 million. The changes, effective from 1st January 2024, see Radim Haluza, (above in photo), assumes the position of STS’s new Chief Executive Officer, while maintaining his role as CEO of Entain CEE. Mateusz Juroszek, a longstanding figure at STS, transitions to the role of Chairman of the supervisory board.

Juroszek paves the way for strategic development

Mateusz Juroszek, now Chairman, expressed optimism about the restructuring, highlighting its potential to enhance the overall organizational structure and operations within STS and Entain CEE. With a focus on strategic development, Juroszek has given reassurance to overseeing the implementation of key goals for both entities. He said to stakeholders that he would remain actively involved and commited in the growth of Poland’s largest sports betting companies.

Stability in the region

Radim Haluza, taking on the CEO role, brings experience as the CEO of SuperSport, Croatia’s largest gaming and sportsbook operator, acquired by Entain CEE in November 2022 for ￡690 million. Juroszek, in his role as Chairman, outlined the division of responsibilities, with Haluza focusing on operational management while strategic goals remain at the forefront. The priority for the newly appointed leadership is to continue capitalizing on the dynamic growth of the Polish betting market and exploring opportunities for expansion across the region with Entain CEE.

STS’s robust performance

In the wake of Entain CEE’s acquisition of STS, the management reshuffle signifies a new era for the company. Mateusz Juroszek’s transition to Chairman and Radim Haluza’s appointment as CEO set the stage for continued growth and stability. The strategic focus on Poland’s burgeoning betting market and the broader regional expansion aligns with Entain CEE’s commitment to exploring and leveraging the potential in Central and Eastern Europe. STS’s impressive H1 2023 financial results, with a 56.4 percent growth in net profit and a 34.1% rise in adjusted EBITDA, underscore the company’s resilience and strategic prowess. As the iGaming landscape evolves, STS, under its new leadership, remains poised for further success and market dominance.

Entain’s challenges as Goldman Sachs downgrades stock – SigmaPlay

M&A: Entain successfully concludes acquisition of Angstrom Sports (www.sehablalapaz.com)

Entain reports mixed peformance in Q3 (www.sehablalapaz.com)