The leading online sports betting, iGaming, retail solutions and technology provider, Altenar, joined forces with the Ibero-American State Lottery and Betting Corporation (CIBELAE), the international non-profit organization that promotes cooperation, innovation and responsible gaming for state lotteries.
The collaboration saw Altenar become an associate member of CIBELAE.
The strategic move comes at a time when the company continues to grow its footprint in major Spanish-speaking markets.
Becoming an associate member of CIBELAE, Altenar further propels its collaboration with the non-profit organization that represents regulated gaming operators and state lotteries in Latin America, Portugal, as well as Spain.
The membership marks a major step in the expansion of the company, positioning it well for further growth in European and LatAm markets.
Ultimately, teaming up with CIBELAE, Altenar will strengthen its engagement with stakeholders in the industry, while contributing to innovation, market development, and sustainability.
Only recently, Altenar agreed to boost Betico's sportsbook offering by supplying its industry-leading solution.
Diego Salas, Altenar’s Sales Director, spoke with excitement about the latest business move, Casino Guru News learned from a press release.
"Becoming an associate member of CIBELAE marks an important milestone for our business as we continue to expand our presence across regulated markets," he said.
Moreover, Salas pointed out: "We look forward to contributing our technology expertise, engaging with fellow members, and supporting the sustainable development of the industry throughout Latin America and beyond."
According to the executive, Altenar has significant strength in flexibility, which enables operators to quickly adapt to potential regulatory changes.
At the same time, the company offers customizable software and solutions that match the local requirements of different markets and enable efficient scaling in line with regulatory compliance, Salas said in conclusion.
Founded in 1988, CIBELAE promotes best practices, responsible gaming and collaboration between public and private operators in Latin America, Spain and Portugal.
Image credit: Altenar
