Altenar closes 2021 financial year with record-breaking results

Altenar closes 2021 financial year with record-breaking results

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Altenar, a leading sportsbook and iGaming software provider, has celebrated another year of exponential growth, closing its 2021 financial year with record-breaking commercial results. 


The UKGC-licensed supplier has continued to demonstrate itself as one of the most stable and flexible platforms on the market — quickly becoming the sportsbook of choice for operators looking to capitalize on the next generation of players. 


Throughout the year, Altenar achieved key milestones across multiple areas of its business, enabling expansion into several major jurisdictions — including the U.K., Italy, Spain, Sweden, and Colombia. 


Overall, Altenar’s market expansion and strategic partnerships led to a 270% increase in its commercial client base during the 2021 financial year, surpassing its impressive 130% growth in 2020. 


The provider’s sportsbook also recorded exceptional growth, with a 150% surge in total bets and player count. Altenar’s key specializations in Esports, data, and virtuals have proven to be powerful tools for engagement and acquisition among operator partners. 


Testament to Altenar’s impact on the industry, the past year also saw the supplier celebrate multiple accolades — including Best Online Sports-Betting Supplier at the 2021 MiGEA Awards, as well as Virtual Sports Supplier of the Year at the 2022 EGR Nordic Awards. 


Commenting on the company’s record-breaking year, Domenico Mazzola, Commercial Director at Altenar, said: 


It’s been an outstanding 12 months for all of us at Altenar, and we’re incredibly proud of our numbers — another year of record-breaking success! The team has worked extremely hard with full alignment toward a common goal, which has been fantastic to witness. 


“The 2021 financial year saw us significantly expand our products, services, and global offices — with a 36% increase in headcount. It’s amazing to have so many talented new specialists on board, and I’m confident we’ll continue growing and evolving throughout 2022 as we maintain this momentum.”


Licensed in a total of 13 major global markets, Altenar has firmly positioned itself as the sportsbook provider of choice for numerous leading operators.


Founded in 2011 and backed by more than a decade of experience, the company’s sportsbook and iGaming platform has a proven track record of success in key markets such as the U.K., Malta, Spain, Colombia, Denmark, and Sweden. 


For more information on this release or to arrange an interview, please contact Square in the Air at [email protected] or [email protected].


About Altenar


Founded in 2011, Altenar is a leading iGaming software provider inspired by the vision of its customers. From tailored software-only products to a fully managed sportsbook solution, the company has become one of the iGaming industry’s key suppliers across multiple global markets. 


With a reputation for stability coupled with flexible and personalised service, Altenar’s proprietary products are developed and operated in-house, with an emphasis on being powered by premium quality data feeds. 


In total, Altenar’s services to licensed gaming operators encompasses sportsbook, managed trading services, mobile-first delivery, customised IT-based development and risk management. 


Altenar is licensed to operate across 13 major global jurisdictions, including the UK, Malta, Spain, Denmark, Sweden, Portugal, the Netherlands, Colombia and the Baltics. 



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