STS Completes Betsys Acquisition, BetFred Hopeful re USA Sports Betting in '20

Submitted by Gilbert Horowitz on

Written by :

Gilbert Horowitz

Published on :

STS Completes Betsys Acquisition, BetFred Hopeful re USA Sports Betting in '20

Polish bookmaker STS has completed the acquisition of Czech betting software provider Betsys, in a deal it said will support its ongoing European expansion plans.

Under the agreement, the terms of which were not disclosed, STS will take full ownership of Betsys, a software business in which it was already the majority shareholder.

It acquired a 50% stake in the supplier's parent company Greep in April 2017.

Bryan Bennett, COO of Betfred USA Sports, told SBC that 2020 can still be a good year for sports betting if major sports return, and that cashless casinos are an innovation that he’s keeping an eye on.

Regarding the impact of COVID-19?

"Don’t panic, keep your eye on the larger prize. 2020 can still be a good year for sports betting if we get all the major sports back as planned for August through October, but we’re really focused on just getting through this year and getting this virus behind us at some point."

- Gilbert Horowitz, Gambling911.com

Related Content

Prison

Man Sentenced for Robbing Two Men at Reno Casinos as Hunt Continues for Tamarack Casino Bandit

Authorities say one of the victims was led down an alley and abruptly punched and knocked to the ground where he was then robbed of $1,400 in cash.
Spiked drink

Vegas Ketamine-Spiking Case Still Expected to Go to Trial After No Settlement Reached Last Week

A former sports agent Dwight Manley claims he was drugged with ketamine while gambling at the MGM Grand in Vegas in 2021
Okeechobee Seminole Brighton Bay Hotel & Casino gambler

Okeechobee Seminole Brighton Bay Hotel & Casino Pays Two Players 50K Jackpot

Two lucky guests won a combined $49,184.32 in jackpots between April 18 and April 20 at Seminole Brighton Bay Hotel & Casino.
Spiked drink

MGM Vegas Ketamine-Spiking Lawsuit Filed By Super Agent: Says He Lost $2 Million Gambling (No Settlement))

Gambling911.com can confirm that, while a settlement conference took place in recent days, no settlement has been reached as of yet.