Altenar Aligns with CIBELAE to Bolster Its Presence in Latin America’s Betting Landscape

(AsiaGameHub) –   Altenar, a premier sportsbook provider, has joined CIBELAE – the principal Ibero-American association representing state lotteries and licensed gaming operators across Latin America, Spain, and Portugal.

Established in 1988, CIBELAE fosters cooperation, industry standards, and responsible gaming practices among public and private entities in the Ibero-American region.

As a recognized member of the World Lottery Association (WLA), the organization is backed by several of the world’s most prominent lottery and gaming regulatory bodies.

This membership represents a strategic move in Altenar’s ongoing expansion into regulated markets across Latin America and Europe. It enhances the provider’s connection with crucial institutional partners and offers a valuable forum for participating in industry discussions, driving innovation, and promoting the sustainable growth of regulated gaming sectors.

Diego Salas, Sales Director at Altenar, commented:

Joining CIBELAE as an associate member is a significant milestone for our company as we broaden our footprint in regulated markets. We anticipate contributing our technical expertise, collaborating with peers, and aiding the industry’s sustainable development throughout Latin America and further afield. Our competitive advantage is our flexibility. We empower operators to swiftly adjust to regulatory shifts, customize their services for local markets, and expand efficiently while maintaining full compliance.

Ibero-American nations have demonstrated significant growth potential for operators recently, yet they also present distinct hurdles, including fragmented regulations, rapidly changing compliance mandates, and strong localization needs. Leveraging its flexibility, scalability, and localization capabilities, Altenar’s sportsbook technology assists brands in navigating regulatory intricacies while ensuring strict adherence to compliance standards.