Poland’s STS acquires major stake Greep

Polish bookmaker STS has become a major shareholder in Czech software firm Greep.

STS said the deal will enable it to pursue further dynamic development in Poland and in the wider European market.

As a result of the transaction, STS will become a co-owner of bookmaker system Betsys.

Mateusz Juroszek, president of STS, said: “For STS, the contract means greater independence from providers, as well as stability of further development.

“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.”

Jiri Najman, president of Greep, added: “Integration of Greep with STS not only constitutes confirmation of high quality of our services, but first and foremost it, allows us to extend our competences in remarkably prospective sector of solutions for bookmakers‘ field of operation.

“Due to the transaction, we will consider opening of common development centre in Poland.”

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