Home Altenar and Data.Bet partner to revolutionize global esports betting solutions

Altenar and Data.Bet partner to revolutionize global esports betting solutions

Altenar has entered into a significant partnership with Data.Bet, an esports betting provider. This collaboration aims to enhance Altenar’s esports offerings by providing customizable solutions to licensed operators worldwide. As part of this partnership, Data.Bet will provide tailored odds and live score feeds for over 30 esports disciplines and more than 2,000 markets according to GamblingInsider.com.

Otto Bonning, Head of Sales at Data.Bet, commented: “The partnership with Altenar is a tremendous opportunity to showcase the potential and technological advancements of the esports sector globally. We appreciate the trust placed in us and will continue to enhance the functionality of our solution to strengthen our partners’ competitiveness in the market.”

Stanislav Silin, CEO of Altenar, stated: “Product personalization, flexibility, and reliability are the primary focuses of our company in delivering solutions that elevate operators’ business. Partnering with Data.Bet underscores our commitment to choosing providers with premium solutions that power our portfolio.”

These resources, managed by a 24/7 in-house trading team, will enable Altenar to offer broader content coverage and adaptable widgets for esports titles. Both companies view this collaboration as a long-term commitment to innovation in the esports sector as it continues to grow in popularity worldwide.

This strategic partnership follows Altenar’s expansion into the Greek market, where they secured a B2B license and Data.Bet’s expanded partnership deal with Grid in February.

Altenar is a leading provider of sportsbook software and services for licensed gaming operators. Their offerings range from “software-only” products to a fully managed sports betting platform stack.

In 2019, worldwide revenues generated in the esports market amounted to $957.5 million, and this figure is estimated to exceed $1.6 billion by the end of 2024. The revenue primarily comes from sponsorship and advertising, which brought in almost $641 million in 2021.

Featured Image: Ai-generated by Ideogram

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Paul McNally
Gaming Editor

Paul McNally has been around consoles and computers since his parents bought him a Mattel Intellivision in 1980. He has been a prominent games journalist since the 1990s, spending over a decade as editor of popular print-based video games and computer magazines, including a market-leading PlayStation title published by IDG Media. Having spent time as Head of Communications at a professional sports club and working for high-profile charities such as the National Literacy Trust, he returned as Managing Editor in charge of large US-based technology websites in 2020. Paul has written high-end gaming content for GamePro, Official Australian PlayStation Magazine,…

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.