Altenar unveils new rewards system to drive player engagement

The overall aim of the system is to help operators increase player traffic and engagement. 

altenarrewardssystem
Listen To Article

Key Points: 

- Altenar has added to its promotional tool offering with a new rewards system 

- Bets on certain events will be eligible for prizes 

- Campaigns can be run across multiple brands

Altenar has launched a new rewards system as part of its promotional tool offering.

Operators who utilise this new rewards system will be able to offer their players large prize pools with the aim of creating more traffic and increasing overall player engagement. 

To be eligible for prizes, bets will have to be placed on certain pre-specified sports, championships, events or markets, which can be awarded with tickets which are the equivalent to reward entries. 

Operators can then set certain payment structures with the prize pool based on if they want a single large one or several smaller prizes, while they can also  run campaigns across its portfolio of brands if it has more than one.

Good to know: Fast Track also launched a new Rewards product last week

Altenar Sportsbook Product Development Manager Dinos Doxiadis said: “We are staying true to our principles which is to provide our operators with great tools that will help them grow. This project was designed to bring casino-style rewards to sportsbooks and give the option to our operators to utilise them as they want. 

“We are versatile enough to support custom payout structures so our operators can create different styles of campaigns (one big winner, or a large number of small ones) and we’ve also included engagement thresholds for payout eligibility to encourage users to bet more. We consider it another nice innovation and another reason why we stand out.” 

In other company news last week, Altenar expanded its partnership with Data.bet to upgrade its esports offering. 

Premium+ Connections
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Gaming and Leisure Properties
Passport Technology
PrizePicks
Choctaw Casinos & Resorts
Follow Us

Facing Facts: Analysing North American sports betting and iGaming operators performance in 2024

How have sports betting and iGaming in North America been de...

Taking Stock: A guide to land-based operator and supplier prices

Gambling Insider tracks land-based operator and supplier pri...

Previewing G2E 2024 in Las Vegas

The Global Gaming Expo returns to the Venetian Las Vegas for...

Preview: Global Gaming Awards EMEA 2025

The gaming industry’s most prestigious Awards ceremony tak...