Altenar, a developer of sports betting and iGaming software, has obtained a sought-after permit from the Hellenic Gaming Commission, enabling them to function in Greece for the upcoming seven years. This accomplishment represents a significant milestone for Altenar, which aims to broaden its footprint within the European market. With an office already operational in Athens, the firm is strategically situated to leverage Greece’s flourishing iGaming industry. This authorization holds particular significance for Altenar, as a considerable segment of their workforce shares Greek heritage. They perceive this as a form of homecoming and are enthusiastic about contributing to the expansion of the Greek market. The Greek iGaming sector has witnessed a remarkable upswing following the implementation of its updated regulatory structure. This has not only led to an anticipated surge in tax income but has also generated numerous employment prospects within the nation.
The Hellenic marketplace is currently experiencing a surge in activity, capturing the interest of major industry entities. Recent times have witnessed a flurry of collaborations and strategic expansions, as corporations vie for a share of this thriving sector.
A prime illustration is the alliance forged between Light & Wonder and bet365 in February. This partnership grants Greek users access to a diverse portfolio of Light & Wonder’s gaming offerings.
The momentum continues with NetBet joining the fray, extending its reach into the Greek market through a licensing accord with Fazi.