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A Staple Of Growth In Sports Betting: A Look At Altenar’s Glowing Statistics

Published

3 years ago

March 23, 2022

Reading Time: 2 minutes

Altenar, the sportsbook software provider, has grown in infamy and recognition around the world since their sport betting software entered the market. Growing exponentially from year to year, with more operators in a vast collection of countries by the day and a continued bespoke service that appears to be unrivalled, Altenar are quickly becoming the sportsbook provider of choice around the world.

With access to several data providers, shorter result-latency, a customisable front-layer, a manual back-end and a 24/7 risk management service … Altenar’s success is sustainable which has been demonstrated by countless years of undeniable achievement.

Due to this growing success, it might be key to view some of Altenar’s amazing statistics and figures that demonstrates the kind of growth Altenar has witnessed as the leading sportsbook providers for many iGaming partners, whether that’s Esports or betting on horse racing … Altenar has helped countless operators to achieve new levels of success.

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It’s In The Numbers

From 2019 to 2021 the total number of bets placed via Altenar’s sportsbook showed some interesting percentages.

In 2019 the percentage of bets placed held at 159.7% which was slowly increasing as the move to online betting instead of in-land betting climbed to new heights.

As of 2020 the betting percentage dipped just over 40% due to the pandemic, however, with an initial decrease the sports betting market recovered exponentially in 2021 with a percentage of 149.9%, slowly recovering from the hit of the pandemic.

Interestingly, the pandemic might have initially witnessed and caused a decrease in betting but the shift to at-home living, working and entertainment drastically increased the need for online gambling and sports betting which is predicted to reflect in Altenar’s 2022 annual data.

However, against the number of bets placed the percentage of new clients for Altenar didn’t see the same percentage dip, in fact, client numbers rose throughout the same time period; 2019 – 2021.

New Clients, New Success

From 2019 to 2021 the percentage of new clients increased by 56%, over half, and that is outstanding because it demonstrates that the global need for online sports betting is in high-demand and continually growing as well.

Altenar are well-equipped for expansion and change and this is how the stability-meets-flexibility mantra-holding sportsbook provider has survived many years on the iGaming market.

In 2019 Altenar held a percentage of 110.9% of new clients, which grew to 127.3% in 2020 and grew exponentially in 2021 to 266.5%. These numbers showcase the ever-growing need for online access to sports betting.

A Projection Of Altenar’s Future

With Altenar growing year by year and a healthy return, resurgence and new-adoption of the online sports betting industry, the growth potential for Altenar is astronomical.

The world adopts sports betting in new ways and it’s sportsbook software providers, like Altenar, that create a unique and sustainable product for operators and their customers.

You can find Altenar via their website, where you can request a demo of their sportsbook software and speak to a passionate and knowledgeable professional to start your journey with Altenar.

In the words of Altenar ‘let’s talk!’

Latest News

Spielbanken Bayern and Stakelogic Launch brand new Live-Casino Offering

Published

31 minutes ago

July 11, 2025

Zoltan Tundik

Reading Time: < 1 minute

Pioneering the next chapter of regulated iGaming in Germany, Spielbanken Bayern and leading live-casino specialist Stakelogic have gone live with brand-new online live casino solutions.

On 28 May 2025, spielbanken-bayern-online.de rolled out a set of Automatic Roulettes. The launch marks the inaugural step in a phased roadmap that will soon see more Roulette and Blackjack.

Bavaria became Germany’s first state to introduce online live-casino games in April 2024. Since beginning 2025, Spielbanken Bayern has worked hand-in-hand with the Bavarian regulator and Stakelogic to craft a best-in-class solution that combines strict compliance with an engaging, secure, and reputable gaming offering.

Stephan van den Oetelaar, CEO at Stakelogic, added: “It is both an honour and a privilege to develop further with Spielbanken Bayern on Germany’s first legal online casino. The timeline was ambitious, but our combined teams delivered. In the coming months, we will continue to optimise and enrich the portfolio with additional premium content.”

This landmark collaboration cements Spielbanken Bayern’s position as Germany’s online live-casino trail-blazer while underscoring Stakelogic’s reputation for marrying regulatory rigour with next-generation player experiences.

The post Spielbanken Bayern and Stakelogic Launch brand new Live-Casino Offering appeared first on European Gaming Industry News.

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DoubleDown Interactive Enters into Agreement to Acquire German Social Casino Operator WHOW Games

Published

2 hours ago

July 11, 2025

Zoltan Tundik

Reading Time: 2 minutes

DoubleDown Interactive, a leading gaming company delivering exceptional player experiences across multiple genres, announced that it has entered into a Share Purchase and Transfer Agreement with Azerion Tech Holding to acquire WHOW Games GmbH, a social casino developer headquartered in Hamburg, Germany.

The initial consideration for 100% ownership interest in WHOW Games is €55 million (approximately $64.7 million). An additional earn-out payment of up to €10 million, payable to Azerion at €5 million annually, is contingent upon WHOW Games meeting certain performance targets during each of the first and second year following the closing date. The acquisition will be financed through DoubleDown’s cash reserves and is expected to close during the third quarter of 2025.

DoubleDown intends to leverage WHOW Games’ proven expertise in the Europe market and partner-driven business model alongside its own operational strength, marketing capabilities and extensive gaming content to pursue growth opportunities in Europe, particularly in Germany. According to research from Eilers & Krejcik Gaming LLC, the European social casino market grew in 2023 and 2024 as compared to the overall market which has entered a mature stage. WHOW Games offers a versatile portfolio of social casino apps with proprietary brands such as MyJackpot and Lounge777 as well as third-party labeled social casino offerings including Merkur24 through strategic licensing agreements with prominent global brick and mortar casino companies.

In Keuk Kim, Chief Executive Officer of the Company, said: “This acquisition marks a significant step toward increasing our competitiveness in the growing German social casino market. Leveraging our combined operational expertise and enhanced scale, we aim to unlock valuable synergies. We are delighted to welcome the WHOW Games team to DoubleDown and look forward to working collaboratively on initiatives to drive growth across the business.”

Giovanni Valerio Valeriota, Chief Executive Officer of WHOW Games, said: “We are excited to begin this new chapter as part of the DoubleDown family. Their deep expertise in gaming makes them a natural fit for WHOW Games, and we believe that this partnership will accelerate our growth and innovation. I would like to express our sincere gratitude to Azerion, whose support and strategic guidance during our time together has been instrumental in shaping WHOW Games into the strong and dynamic company it is today.”

The post DoubleDown Interactive Enters into Agreement to Acquire German Social Casino Operator WHOW Games appeared first on European Gaming Industry News.

Latest News

Swintt Joins Forces with TOPsport to Capitalize on Lithuanian Market

Published

2 hours ago

July 11, 2025

Zoltan Tundik

Swintt Joins Forces with TOPsport to Capitalize on Lithuanian Market

Reading Time: 2 minutes

Swintt – the award-winning software provider behind recent slot sensations Big Max Pot Hunter and Big Fish – has announced it has formed a new partnership with established Lithuanian betting brand, TOPsport, that will see the studio further raise its profile in the country.

With the new deal now in place, Swintt is already live with 36 Premium releases on the TOPsport platform, with these giving players access to a roster of classically-themed games that combine the design elements of traditional land-based slots with exciting mechanics and bonus features.

Established in 2002, TOPsport is Lithuania’s first and largest gambling operator, boasting a strong bricks-and-mortar presence that includes 50 casino slot saloons spread across 26 towns in addition to its online enterprise. Given the brand’s rich land-based heritage, the SwinttPremium range seems to be ideally suited for its customers, who will enjoy the slots’ familiar look and feel.

Among the Premium options now available at TOPsport.lt, players will be particularly keen to try the acclaimed Extra Win X, which adds an innovative Bonus Wheel to the iconic fruit machine format, and Max The Winner, which features a unique gathering mechanic that sees the titular cartoon squirrel appear on the reels during the bonus feature to collect acorns and award prizes.

With these just being two of the standout examples from the new collection of Swintt slots that are now available at TOPsport.lt, the brand will be able to further cement its reputation as the country’s leading operator while Swintt continues to reach more players in the Lithuanian market.

David Mann, Chief Executive Officer at Swintt, said: “With TOPsport being Lithuania’s oldest and most-trusted betting brand, we’re delighted to be able to introduce our Premium releases to players on the platform. With all of these games offering themes and features that are inspired by traditional land-based slot machines, we’re sure they’ll prove a popular addition to their line-up.”

Linas Dargenavičius, Chief Commercial Officer at TOPsport, said: “With a diverse library of over 3,000 slot titles, TOPsport offers the most extensive selection of online casino games in Lithuania. The addition of SwinttPremium titles further strengthens our portfolio, bringing in games that resonate with players familiar with classic land-based machines. Their engaging mechanics make them a valuable extension of the experience we aim to provide.”

The post Swintt Joins Forces with TOPsport to Capitalize on Lithuanian Market appeared first on European Gaming Industry News.