Sports Betting Revenue Rises Again for iGaming Quickly Enclosing On Predicted 1Billion Revenue In Greece

Sports Betting Revenue Rises Again for iGaming Quickly Enclosing On Predicted 1Billion Revenue In Greece

Share this article

With a growing market emerging in Greece, the predicted 2024 revenue of 1 billion euros is closer to reality than many might realize. With more bets being placed, an increase in online players, and a new generation of gamers entering the world of sports betting, fantasy leagues, and esports, the Greek market is experiencing major revenue spikes. This growth aligns with the global rise in sports betting—and sportsbook software providers like Altenar are seeing rising demand for their state-of-the-art sportsbook solutions


Riding the momentum gained during the pandemic, many operators are now seeking turnkey or custom solutions for their iGaming platforms. Thanks to Altenar’s established reputation, glowing feedback from current clients, and the proven success of its sportsbook software, Greece’s market is turning to the provider to deliver cohesive sports betting ecosystems—offering not only entertainment but economic confidence as well. 


According to Eltrun in a study published in 2011, more than 100,000 Greeks regularly visited e-betting sites—a number that has likely grown significantly in recent years, fueled by the entrance of legal and regulated operators eager to tap into what was once an emerging market. 


A leading forecast from Online Sports Betting in Greece: An Empirical Investigation, co-authored by Ioannis Papanastasiou and Vasileios Fourlas, noted an average monthly spend of 390 euros per person—an amount predicted to have more than doubled between 2016 and 2022. 


As the sports betting market in Greece continues to grow, so does the demand for Altenar’s software. But what exactly can Altenar offer you?


Choosing Your Sportsbook Provider in Greece


Choosing a sportsbook software provider can be a challenge—but knowing the market you want to enter can streamline the process. Altenar, a sportsbook software provider, brings deep experience and proven expertise within Greece’s regulated environment.


With Altenar, you’ll gain localized insight into the Greek sports betting and iGaming industry, and your tailored sportsbook will be shaped by the knowledge Altenar has collected through its years in the market—paired with the hands-on experience of its team. This provides operators like you with a sportsbook solution that balances reliability with flexibility. 


You’ll gain access to multiple data providers, high-quality sports content, robust risk management tools, a semi-manual backend, and a customizable front layer—all while benefiting from a partnership with a sportsbook software provider constantly innovating to improve software features, content offerings, and user experiences. 


If you're ready to unlock the power of Altenar’s customized service and top-tier sportsbook software solutions, chat with one of Altenar’s passionate professionals today! 


Discover how Altenar can elevate your business in Greece’s iGaming market. Together, you and Altenar can achieve success and shape the future of the rapidly expanding iGaming space. 


Join the future today—join Altenar!



Previous Next

Related articles

  • Pre-Match Vs In-Play Betting For Sportsbook Operators | Altenar

    Pre-Match Vs In-Play Betting For Sportsbook Operators | Altenar

  • Top 10 Payment Methods for Sports Betting Platforms - A 2024 Guide for iGaming Professionals

    Top 10 Payment Methods for Sports Betting Platforms - A 2024 Guide for iGaming Professionals

  • Dinos Stranomitis: Altenar’s successful start-up checklist

    Dinos Stranomitis: Altenar’s successful start-up checklist

  • Sports Betting Website, Mobile App or both -  Which Should You Choose?

    Sports Betting Website, Mobile App or both - Which Should You Choose?

  • Altenar’s All-You-Need-To-Know-Guide: Will Esports Become The Top Vertical In Sports Betting Over The Coming Years?

    Altenar’s All-You-Need-To-Know-Guide: Will Esports Become The Top Vertical In Sports Betting Over The Coming Years?

  • Altenar’s Focus - Sportsbook must-have features

    Altenar’s Focus - Sportsbook must-have features

  • Altenar’s Use Of Artificial Intelligence With Insights From The Company’s Data Analyst

    Altenar’s Use Of Artificial Intelligence With Insights From The Company’s Data Analyst

  • Betting Business KPIʼs: What You Should Keep In Mind

    Betting Business KPIʼs: What You Should Keep In Mind

  •  Dancing With Sports Betting: Ecuador Is A Nation of Sports Lovers

    Dancing With Sports Betting: Ecuador Is A Nation of Sports Lovers

  • Can You Define The Esports Bettor? Altenar Takes A Look At What Contributes To This Emerging Bettor

    Can You Define The Esports Bettor? Altenar Takes A Look At What Contributes To This Emerging Bettor

  • Assessing the Balkans, Sweden and Holland: Europe’s dark horses

    Assessing the Balkans, Sweden and Holland: Europe’s dark horses

  • The Italian Sports Betting Market Is Forecast To Increase In Value From 2023 Onwards | Altenar

    The Italian Sports Betting Market Is Forecast To Increase In Value From 2023 Onwards | Altenar

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