In a strategic move to fortify its position in the burgeoning iGaming market, Altenar has recently inked a pivotal partnership deal with Everbet, marking another milestone in its series of global collaborations. The agreement will see Altenar leveraging its cutting-edge technology to power Everbet’s sportsbooks, offering a diverse array of betting options and competitive odds. The synergistic collaboration aims to deliver a seamless and enhanced betting experience to users.
Expanding Footprint in Bulgaria
Altenar’s foray into the Bulgarian market has been a key focus, with the Everbet partnership adding to a string of successful endeavors in the region. The Sales Manager at Altenar, Vagelis Bairlis, expressed optimism about the collaboration, stating, “We believe this partnership is a win-win for both Altenar and Everbet. Our platform will fuel Everbet’s growth, while their deep understanding of the Bulgarian market will unlock continued learning opportunities for us.”
Strategic European Growth
Altenar’s strategic expansion across Europe has been noteworthy, evidenced by the acquisition of its Swedish license in June 2023 and a subsequent deal with Palms Bet to strengthen its presence in Bulgaria. The company further solidified its position in the European market through a partnership with LVC Diamond’s online casino in October of the same year.
Global Reach and Partnerships
The year 2023 proved to be a year of global partnerships for Altenar. In March, the company joined forces with Mexican operator Winpot, making significant inroads into the Latin American market. September witnessed a landmark deal with New Zealand’s SpinBet, capping off a year characterized by expansive global collaborations. Notably, Altenar extended its reach within Bulgaria earlier this month through a partnership with Magic Bet, reinforcing its commitment to the dynamic Bulgarian iGaming landscape.
Everbet’s Ascent in the Market
Everbet, a relatively new entrant into the Bulgarian market since its inception in August 2022, has been making strategic moves to establish its presence. The recent partnership with 7777 Gaming in December 2023 exemplifies Everbet’s commitment to growth and market penetration.
Looking Ahead: Shaping the Future of Sports Betting
With the collective strengths of Altenar and Everbet, the partnership is poised to shape the future of sports betting in Bulgaria. The market’s potential is considered ripe for exploration, and the collaboration is expected to unlock new opportunities for innovation and market insights.
Altenar’s trajectory in 2023 has been marked by dynamic global expansion, strategic partnerships, and a concerted focus on the Bulgarian market. The collaboration with Everbet not only signifies a mutual growth strategy but also underlines Altenar’s commitment to providing cutting-edge technology and unparalleled user experiences in the evolving landscape of iGaming. As both entities continue to forge alliances and explore new markets, the iGaming industry can anticipate further innovations and transformative developments in the months ahead.