Altenar, a software supplier for sports wagering and online gaming, has secured a permit to operate in Greece for the upcoming seven years. This achievement represents a significant victory for the company, which views Greece as a crucial market within its European growth plan.
Altenar has an established branch in Athens and is keen to leverage the flourishing iGaming sector in Greece. This permit empowers Altenar to provide its comprehensive range of products and services to Greek operators.
Marina Zacharopoulou, Head of Compliance at Altenar, conveyed her enthusiasm regarding the license, characterizing the process as demanding yet ultimately a validation of Altenar’s dedication to regulatory adherence. She also emphasized the “return” element of this accomplishment, acknowledging the company’s deep Greek origins.
The Greek iGaming market has witnessed substantial expansion following the implementation of its updated regulatory structure. This has resulted in elevated tax income and employment generation, rendering it an appealing market for both operators and providers such as Altenar.
The Hellenic marketplace is flourishing! It’s transformed into a prime location, with numerous businesses keen to secure a share of the activity. Recent months have witnessed a surge of collaborations and developments.
As an illustration, Light & Wonder secured an agreement with bet365 in February to introduce a collection of their offerings to Greece. Prior to that, NetBet entered the scene by joining forces with Fazi to extend their services there as well.