Business Paid
Swedish Betsson Seeks Full Control of Polish Bookmaker Fuksiarz
01:18
Stockholm-listed Betsson, a major player in the global gambling industry, is moving to fully acquire the Polish bookmaker Fuksiarz.pl. The Swedish giant already owns 49% of the company and is seeking approval from Poland's Office of Competition and Consumer Protection (UOKiK) to purchase the remaining shares.
Fuksiarz, launched in 2021, reported PLN 126.6 million in revenue in 2023 but has yet to achieve profitability, recording a net loss of PLN 14.6 million.
This article is for subscribers
Warsaw Business Journal subscribers get the full archive (12,248 articles going back to 1995) and the print edition.
SubscribeOr try Poland A.M. free for 7 days, the daily briefing, or see all plans and prices.