Altenar has secured authorization to conduct business in the Hellenic Republic’s market for the upcoming seven years. The Hellenic Gaming Commission, the governing entity responsible for gambling oversight in Greece, bestowed this permit. This achievement represents a significant triumph for Altenar, a provider of sports wagering and iGaming software, as it endeavors to bolster its standing within the European continent.
Altenar already maintains a satellite office in Athens and perceives Greece’s rapidly expanding iGaming industry as a pivotal market. This authorization will empower Altenar to furnish its comprehensive array of services within Greece, encompassing its sportsbook, casino framework, and other gaming provisions.
Marina Zacharopoulou, Head of Compliance at Altenar, conveyed her enthusiasm, noting that the licensing procedure, while demanding, was not uncharted territory for the firm. She underscored the weight of obtaining a Greek license, particularly considering the company’s substantial Greek contingent, and regarded it as a testament to Altenar’s dedication to regulatory adherence.
The Greek iGaming sector has witnessed notable expansion since the enactment of its updated regulatory structure and is projected to yield considerable tax income and generate numerous employment prospects.
The Hellenic marketplace is flourishing! Its growth is garnering significant interest, as businesses such as Light & Wonder and NetBet have recently taken steps to broaden their footprint within the region. These companies have been inking agreements and introducing fresh offerings, leveraging the collaborative prospects arising in this expanding sector.