Altenar has added another country to its expanding list of regions in which it can operate after obtaining a B2B license for Greece.
The leading sportsbook and iGaming service provider already has an office in Athens, and securing a license from the Hellenic Gaming Commission was a logical next step in boosting Altenar’s presence in the country.
Altenar’s expertise already reaches more than 50 countries where gambling is legalized, and the Greek license—which is valid for seven years—paves the way for the company to offer its services in a new jurisdiction.
The process of obtaining a license for Altenar was rigorous, albeit familiar due to our experience with similar procedures in other jurisdictions. While we encountered typical challenges along the way, we navigated them smoothly.
Achieving a Greek license holds special significance for Altenar, as a considerable portion of our team is Greek, making it feel like a homecoming. Personally, I believe that Greece's historical connection to games of chance—evident in the popularity of gambling in ancient times and the presence of deities like Tyche—adds cultural resonance to our licensure.
Being a part of Greece's thriving online gambling industry is a source of pride for us. Since the introduction of the new regulatory framework, online betting in Greece has emerged as a success story, and we are eager to contribute to its ongoing narrative.
Market data presented at the Economist conference underscores the industry's robust growth, with tax revenues expected to reach €540 million this year and the creation of numerous job opportunities.
Securing our presence in Greece through licensure not only demonstrates our commitment to regulatory compliance but also positions us to capitalize on the country's expanding market.
Marina Zacharopoulou, Compliance Manager at Altenar
To hear how Altenar can help you establish and grow an iGaming brand in Greece, email [email protected].
