Polish Bookmaker, National Lottery Operator Invest In Online Gambling

Poland’s largest bookmaker STS has bought a stake in Swedish-listed Better Collective as part of a drive to expand its international presence, while the country’s state-owned lottery operator pays young coders to bolster its identity-checking software.

Mateusz Juroszek, the president of STS’ management board, announced on Monday that the company had recently acquired a stake in Better Collective for more than €1m.

The transaction was performed by local company Betplay International, in which Juroszek and his father Zbigniew each hold a 50 percent stake.

STS’ president said that he planned to raise the company’s stake in the sports-betting affiliate even further as part of efforts to expand its international presence.

To continue reading please log in or request a demo to speak to a member of the team.

Request a Trial