The acquisition of Greep made STS a key shareholder in the Czech software supplier. This also means that STS has become the co-owner of the in-house bookmaker system called Betsys. Such a move will provide STS with greater independence and competitive edge not only in the local market, but will also allow to increase their presence in Europe. Mateusz Juroszek, the chairman of STS, strongly believes that only the best European bookmakers can afford to have their proprietary software. Greep will allow STS to make a huge step forward in the development outside Poland.
Greep itself has a favorable position in the market of gambling software. With only 48 employees, the company achieved a remarkable revenue of almost $2,000,000 in the year 2016. Furthermore, Greep closely cooperates with the biggest Czech gambling operator – Sazka. The software was marked with high quality and STS investment decision only confirms that.