Altenar Partners with LVC Diamond’s Vegas.hu for Sports Betting in Hungary
Leading sportsbook and iGaming software provider Altenar has entered into a partnership with LVC Diamond, the operator of the online casino Vegas.hu.
This collaboration aims to strengthen Altenar’s presence in the European market, particularly Hungary, by providing LVC Diamond with a modern and comprehensive online sportsbook solution.
Altenar’s Comprehensive Sportsbook Solution
Altenar’s sports betting solution offers a wide range of features, including managing up to 100,000 live events per month. It also provides a competitive bonus and promotional engine, a customizable and flexible front-end management system, and efficient risk management tools.
LVC Diamond, the company behind Vegas.hu, boasts more than 30 years of experience in the Hungarian gambling industry. The operator currently runs five land-based casinos in Budapest and operates two online casinos, Vegas.hu and vipcasino.hu. In July 2023, Vegas.hu expanded its portfolio to include sports betting, making it a fully licensed offline and online operator.
For Altenar, this partnership represents its debut in the Hungarian market, signifying a period of European growth. The collaboration aims to leverage Altenar’s expertise to provide a competitive sports betting offering to Hungarian players.
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.”
Gergely Koppány, Sports Betting Director at LVC Diamond Kft, 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.”
Altenar’s Recognition and Licensing
Altenar has received numerous awards in the past year, including recognition from the MiGEAs, EGR Nordics, EGR Italy, SBC Latin America, and the Baltic and Scandinavian Gaming Awards. The company is licensed across 13 major global markets and holds certifications from reputable authorities such as the UK Gambling Commission (UKGC) and the Malta Gaming Authority (MGA).
Altenar’s partnership with LVC Diamond’s Vegas.hu marks an expansion into the Hungarian market, showcasing the company’s commitment to providing innovative sports betting solutions in Europe. This collaboration aims to enhance the sports betting experience for players in Hungary and contribute to the growth of the local market.