South African Sports Betting Market Reaches All-Time High With Some Thanks Given To Altenar A Sportsbook Software Provider

South African Sports Betting Market Reaches All-Time High With Some Thanks Given To Altenar A Sportsbook Software Provider

Share this article

Having witnessed exponential growth within the region from a total revenue of 2 billion USD in 2019 from 450 million USD in 2015, the increase for the South African market's potential has risen and with it, the operators which own online betting segments within the region. 


South Africa has witnessed some of the most significant growth around the world and it stands to testament that this upward trend progressed even further through the pandemic and post-covid, much akin to the rest of the iGaming and sports betting industry. 


The power behind the market, for South Africa, is in part thanks to the likes of Altenar, a sportsbook software provider, who has given countless bettors, gamers and players access to their favourite global and regional sports content to bet on. After all, it’s all about the content for players, though, how has Altenar managed to secure a slice of the leading market for the continent, that holds an overall 90% share of the betting market? 


Indeed they have, and it comes as no surprise given the software provider’s success in other regions like Latin America and Europe. 


Though, as the market continues to grow in South Africa what can operators have access to with Altenar, the sportsbook provider? 


South Africa Takes The World By Storm And Altenar Spearheads Sports Betting Content


South Africa is known for enjoying a wealth of sports content and some of that centres around Rugby, Soccer, Cricket and Horse Racing, and bettors often enjoy placing wagers on US-based leagues like the NBA, MLB, NFL and NHL. 


In this, the most recent feature and product releases from Altenar will stand operators in good stead within the South African market, thanks to the likes of Basketball Bet Builder. Though, it isn’t only the 2022 product releases, which can be found on Altenar’s website, that are drawing operators to Altenar’s doors, it’s the core infrastructures that have been in place at Altenar from their inception some years ago. 


The essence and provable success of a stable yet flexible sportsbook software has projected Altenar into yearly growth and for operators, great success within the B2C market. 


With an ethos that is embedded in striving for more and better, Altenar’s sportsbook software has a customisable front layer and a manual aspect back end that allows operators to build reports, track bets-placed and bettors to help reduce the risk of professional betting taking place. All the while, releasing a 2.0 version of its risk management system to further protect operators from cyber attacks and anything relatively malicious. 


If you’re looking to begin operations for sports betting in the South African market you’ll be in no-safer-hands than with Altenar, the sportsbook software provider, who offer a bespoke and unique-to-you experience and marketable product. 


Contact the professionals behind the blue-light of Altenar to arrange a meeting, to trial a demo or simply for a chat. 





Previous Next

Related articles

  • Sportsbook features guide: Rewards System

    Sportsbook features guide: Rewards System

  • Essential Guide to Turkey’s Gambling Laws and Regulations - What You Need to Know

    Essential Guide to Turkey’s Gambling Laws and Regulations - What You Need to Know

  • Sportsbook features guide: Betslip Boost

    Sportsbook features guide: Betslip Boost

  • Understanding Gambling Laws and Regulations in Germany

    Understanding Gambling Laws and Regulations in Germany

  • Malta Tech Talks return for fifth edition

    Malta Tech Talks return for fifth edition

  • Sportsbook features guide: Bet Mentor

    Sportsbook features guide: Bet Mentor

  • Sportsbook features guide: Bet Boost promo tool

    Sportsbook features guide: Bet Boost promo tool

  • The Role Flexible Customer Support and Dedicated Account Management in iGaming

    The Role Flexible Customer Support and Dedicated Account Management in iGaming

  • iGaming Events Calendar of Major Exhibitions in 2025

    iGaming Events Calendar of Major Exhibitions in 2025

  • Business and Customer Support in iGaming - How to Prosper in Close Partnership

    Business and Customer Support in iGaming - How to Prosper in Close Partnership

  • Top 13 Lead-Gen Campaign Strategies Every Sportsbook Should Use

    Top 13 Lead-Gen Campaign Strategies Every Sportsbook Should Use

  • New Algorithm Boosts Bet Acceptance Rates

    New Algorithm Boosts Bet Acceptance Rates

Fill out the form and we’ll be in touch as soon as possible

Follow 3 simple steps to fill out the form

  • 1

    Details

    Step 1
  • 2

    Contacts

    Step 2
  • 3

    Info

    Step 3

Choose enquiry and fill details

1 / 3
Enquiry Type

This form collects your data so that we can correspond with you. Read our Privacy Policy for more information

  • 1

    Details

    Step 1
  • 2

    Contacts

    Step 2
  • 3

    Info

    Step 3

Contact info

2 / 3
How can we reach you?

This form collects your data so that we can correspond with you. Read our Privacy Policy for more information

  • 1

    Details

    Step 1
  • 2

    Contacts

    Step 2
  • 3

    Info

    Step 3

More information you want to tell us

3 / 3
How did you hear about us?
Region of Operation

This form collects your data so that we can correspond with you. Read our Privacy Policy for more information