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Polish leading sportsbook STS acquired Czech betting software provider Betsys, a business in which STS was already the majority shareholder since 2017 when the Polish iGaming operator got 50% stake in Betsys’ parent company Greep.
Betsys provides STS software for both online and retail channels, and among other clients has the Czech operator Sazka as well.
Betsys’ CEO Jiri Najman commented on the acquisition: “This is a significant investment which secures our further development. The proprietary bookmaking system, and the possibility for its in-house development, constitutes a key advantage in our industry. We have already been generating more than 85% of our revenues via online channels, so further growth in IT solutions is of strategic value to us.
The integration of Betsys and STS is not only a confirmation of the high quality of our services but above all, it allows us to expand our competence in the sector of IT solutions for the bookmaking industry, which is growing dynamically.
Betsys, as part of the STS Group, is guaranteed stable growth and the possibility of creating and developing significant competitive advantages for the bookmaker in terms of technology”.
