Altenar Secures Seven-Year License from Hellenic Gaming Commission for Operations in Greece

Altenar, a provider of software for sports wagering and online gaming, has received a prestigious B2B permit from the Hellenic Gaming Commission. This authorization allows Altenar to function within Greece for the upcoming seven years, signifying a crucial move in the firm’s European growth strategy.

Maintaining an office in Athens, Altenar is strategically situated to leverage the expanding Greek iGaming sector. This permit enables them to provide their complete range of offerings to operators within Greece. Marina Zacharopoulou, Compliance Lead at Altenar, recognized the demanding procedure involved in obtaining the license, emphasizing the company’s proficiency in handling comparable applications in other regions.

This accomplishment carries particular importance for Altenar, as a significant portion of their staff originates from Greece. Beyond the commercial prospects, this permit underscores Altenar’s dedication to regulatory adherence.

The Greek iGaming market has witnessed remarkable expansion since the enactment of its updated regulatory structure. This growth is anticipated to yield substantial tax income and generate numerous employment prospects within the nation.

The Hellenic marketplace is flourishing, drawing significant interest. Lately, numerous firms have taken steps to increase their presence there, revealing collaborations and fresh agreements with Hellenic enterprises.

As an illustration, Light & Wonder joined forces with bet365 in February. This arrangement signifies that a collection of Light & Wonder’s offerings will be accessible in Greece.

NetBet constitutes another corporation that has entered the Greek market. They formalized an agreement with Fazi, permitting them to provide their services within Greece as well.