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By: Ashleigh Lauren Johnson

2 min read

Setting Revenue Records For Sports Betting: Altenar In Portugal

Sports betting is the leading segment in Portugal's online gaming market and has witnessed some outstanding growth from 2020 to 2022. 


At the time of writing this article, Portugal's regulated market had generated a revenue of 84.2 million Euros in a three month turnover at the end of the third quarter, which was a 55.7% increase from the previous year.


This growth, in part, is thanks to Altenar who have helped to create, develop and define the iGaming market in Portugal, especially in the sports betting segment. 


The shift from in-land to online that took place in 2020 seems to have increased in size and value as more online operators open up in the country. 


With new bettors registering to, or signing up to, operator sites at a rate increase of 5.2% year-on-year, it’s no wonder that operators, new and seasoned, are looking to Altenar for a segment of Portugal’s regulated betting market. 

 

Having helped to set record highs, Altenar  participated in the betting revenue increase to 42.5 million Euros in the third quarter which had more than doubled from the previous year. 


As the future of the sports betting market appears bright for Portugal, what is it that Altenar offers operators which has garnered these record breaking successes? 


Let’s take a look… 



Record Breaking Features With Sports Betting Software Provider Altenar


With an impressive wealth of numbers, statistics, data and revenue intake behind them, Altenar is a standout amongst sports betting software providers and offers their operators a host of features, systems and solutions that project a business into a process of sustained success. 


With a manual-aspect backend and a fully customisable front layer, operators are able to compile reports and track bettors to enhance the always-improving risk management systems Altenar employs, all the while, being able to adhere to your chosen branding style. All of these features align with the sports content that adapts to your bettors needs and can even produce more-frequent betting with the likes of widget technology. 


Advancements are being made at Altenar, for their operators, where new features are set to be released throughout the year such as Bet Builder for Basketball. It’s within this strive for greatness that the top-of-the-range sportsbook software is able to create a stable foundation that is flexible to change. 


Betting markets are susceptible to change over time and it’s with Altenar that new certifications, licences and adherence to new laws is not only possible but easy, especially for operators. 


Altenar offers you a bespoke service and solution and these are just a few of the reasons why Altenar is able to develop record breaking data. Visit their website today to learn more about the sportsbook software provider. 


At Altenar, sportsbook is where stability meets flexibility and for this reason, operators are flocking to Altenar to discover industry case studies, market reports, trends and general information on the iGaming market as a whole. 


You can be a part of something great, you can be a part of Altenar.

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