The Importance Of Regulation In Sports Betting | Altenar

The Importance Of Regulation In Sports Betting | Altenar

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As Altenar, a sportsbook software provider, holds many regulatory licenses and certifications, it’s important to understand the value these regulations bring to a growing market—including their impact on players, operators, and the countries where they operate. 


There are many benefits to being regulated, licensed, and certified—from tax contributions that support local hospitals and schools, to frameworks that improve risk management and strengthen security infrastructures for all stakeholders: providers, players, and operators.


You can explore more about security infrastructures and compliance frameworks by watching Altenar's YouTube videos: Konrad Pizzuto Interviewed on Altenar’s Agility in Software or Denise Vella Interviewed on Company Security and the Importance of Holding an ISO Certification.


These videos offer valuable insights into the importance of regulation—not only for creating safer gaming experiences but also for fostering security-conscious cultures within providers and operators alike. 


So, what are some of the key benefits of complying with regulations and holding licenses?


Let’s take a look…


Different Sports Betting Markets – Different Regulatory Rules


Markets across iGaming constantly adapt to new rules defining what’s acceptable and what’s not. Because the global iGaming industry is still relatively new, many countries model their frameworks after established systems—like the UK’s licensing structure. Certifications such as ISO 27001 have become a standard benchmark for providers and operators worldwide. 


Regulatory compliance, licenses, and certifications ensure data protection and business continuity for those operating in the iGaming sector.


Securing Niche Markets


Altenar’s ability to access niche iGaming markets has demonstrated not only the adaptability of its sportsbook software but also the strength of its security frameworks. This flexibility has led to success in tightly regulated markets like Spain, Sweden, and Italy. 


You can explore entry into these markets with guidance from Altenar’s experienced professionals by contacting the team today. 


For Operators to Be Seen as Trustworthy


Operators and providers strive to be seen favorably by clients and regulators alike. Compliance shows a proactive stance on safer gaming, security standards, and responsible conduct. 


Maintaining certifications like ISO demonstrates strict adherence to international requirements. That’s one reason many operators choose Altenar to help them enter and thrive in global markets.


To Be Seen as an Asset


To gain access to regulated markets—and generate meaningful revenue—an operator or provider often needs to be seen as an asset to the country they’re entering. 


For example, when Altenar was awarded its Ontario license, the governing body cited Altenar’s presence in other regulated jurisdictions (like those across Europe) as a key reason for approval. 


That’s why working with a provider that has deep regulatory experience is a strategic advantage for any operator. 


If you’d like to learn more about Altenar and how it can meet your operational needs, contact the team of dedicated professionals today.


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