Altenar's online sportsbook solution will be a component of this partnership. Altenar's sports betting solution manages over 100,000 live events monthly and provides customisable front-end management, risk management tools, and a bonus and promotional engine.
Commenting on the deal, Charlie Williams, Commercial Director at Altenar, stated: “Our new partnership with LVC Diamond represents a significant period of European growth for us via our debut in the Hungarian market.
"It’s a privilege to be going to market with a leading casino group such as LVC Diamond and we look forward to building a long-lasting relationship with their team. We aim to be a driving force in the continued growth of sports betting in the region."
This partnership reflects Altenar's continued expansion efforts into the European market.
One example of Altenar's previous partnerships is with Winpot, a Mexican operator. This collaboration allowed Altenar to increase its presence in Latin America, where the sports betting industry has been growing.
In addition to expanding into new markets, the company ventured into the Netherlands market after receiving certification for entry into the region.
Gergely Koppány, Sports Betting Director at LVC Diamond Kft, expressed his enthusiasm: "We are delighted to greet Altenar among our business partners and look forward to a long-term cooperation.
"The sportsbook solution fully meets the requirements of our new sports betting product, and this contributes to achieving our goal to become a strong and competitive participant in the Hungarian market."
