Altenar, one of the leading sports betting and iGaming software providers, has signed a partnership deal with the top tier Hungarian casino operator LVC Diamond to power up the operator’s online casino Vegas.hu. The B2C partnership will help the provider reaffirm its leading position in the European market, while the operator’s online arm will get the support required for its recent inclusion of sports wagering into the scope of its operations.
Sports Betting Solution Supply:
Under the terms of the agreement, Altenar will supply an up-to-date comprehensive sports betting solution to LVC Diamond to help the operator set its online vertical into full motion with the offerings now extended to online sports wagering product. The provider’s competitive technological solution is aimed to diversify the operator’s offering and expand its customer base. The Vegas.hu is now set to be an integrated casino and sports wagering platform and therefore expected to attract casino and sports betting players looking for an all-in-one online product.
The provider’s award-winning sports wagering solution is tailored to meet the operator’s goals. As it is capable of managing as many as 100,000 live events per month and offering an array of features, such as promotions, customization, front-end and risk management, it seems that the engine to drive the LVC Diamond’s visions is in line with the latest operator’s enterprise. The addition of online sports betting into the operator’s scope comes after more than 30 years of operations in the Hungarian industry having resulted in five casino properties in Budapest and two online casinos – vegas.hu and vipcasino.hu.
Provider’s Hungarian Debut:
The operator decided to launch an online sportsbook in July 2023. Altenar’s Hungarian debut is conceived as a long-term partnership if the forthcoming period proves the viability of the collaboration. The fact that the provider is certified for a total of 13 gaming markets and that it received multiple awards in the past year as a continuous recognition of its operations, it seems that the deal has been sealed to last.
Commenting on the deal, Charlie Williams, Commercial Director at Altenar, said: “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,” according to the company press release.
Gergely Koppány, Sports Betting Director at LVC Diamond Kft, reportedly said: “We are delighted to greet Altenar among our business partners and looking 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.”