Global sportsbook leader signs deal with Hungarian online casino Vegas.hu
Altenar, a leading sportsbook and iGaming software provider, has strengthened its position in Europe by partnering with LVC Diamond’s online casino, Vegas.hu, which recently launched sports betting on its platform.
Under this new agreement, Altenar will provide LVC Diamond with a modern and comprehensive online sportsbook solution that distinguishes them from the competition.
The award-winning sportsbook manages over 100,000 live events per month, features a competitive bonus and promotions engine, supports customizable and flexible front-end management, and includes robust risk management tools.
LVC Diamond and its founders have more than 30 years of experience in the Hungarian gambling industry. The company operates five land-based casinos in Budapest and two online casinos—vegas.hu and vipcasino.hu.
The operator expanded its portfolio to include sports betting in July 2023. As a fully licensed land-based and online operator, the company is committed to offering high-quality services and continuously enhancing the gaming experience in a safe and compliant environment.
Following their initial debut in Hungary, the venture will explore further expansion opportunities in the coming months.
Commenting on the partnership, Charlie Williams, Commercial Director at Altenar, said: “Our new collaboration with LVC Diamond represents a major step in our European growth through our debut in the Hungarian market.
It’s a privilege to enter the market with a leading casino group like LVC Diamond, and we look forward to building a long-term relationship with their team.
We aim to be a driving force behind the continued growth of sports betting in the region.”
Gergely Koppány, Sports Betting Director at LVC Diamond Kft, said: “We are excited to welcome Altenar as one of our business partners and look forward to a long-term collaboration.
The sportsbook solution fully meets the requirements of our new sports betting product and supports our goal of becoming a strong and competitive player in the Hungarian market.”
Altenar has received ongoing recognition over the past year with multiple award wins, including the MiGEAs, EGR Nordics, EGR Italy, SBC Latin America, and the Baltic and Scandinavian Gaming Awards.
Certified across a total of 13 major global markets, with licenses from the UKGC and MGA among others, Altenar has established itself as the sportsbook provider of choice for many leading operators.
Altenar also operates in various countries across all continents.
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