STS makes major new acquisition in Czechia

BB - STS Czechia Polish Greep
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Polish bookmaker establishes foothold in Czechia following investment.

 

STS, the biggest bookmaker in Poland, has finalized a capital investment deal with Czechia based company Greep – the leading software provider for gambling companies in Central Europe. STS becomes one of the major shareholders in the Czech company as well as co-owner of bookmaker system Betsys.

Greep is a leading provider of comprehensive computer solutions for operators of mutual bets and lotteries and employs 48 persons with 2016 revenues of circa PLN 7,7 million.

“For STS, the contract concluded means greater independence from providers, as well as stability of further development. Only the best European companies from our field may pride themselves on having their own bookmaker system. This is successive competitive advantage of STS that outdistances us with regard to remaining operators in Poland. Already, we have been the unchallenged leader of Polish market. Uninterruptedly, we invest in modern solutions for our players. The investment in the company Greep also allows us to think about the development outside borders of Poland”, stated Mateusz Juroszek, the President of STS.


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