Sports betting technology provider Altenar recently entered into a partnership agreement with Brazilian operator RR Participações e Intermediações de Negócios, becoming the technology service provider for the Multibet sports betting platform. This partnership marks Altenar's further expansion into Brazil's regulated gambling market.
Background and Company Introduction
RR Participações e Intermediações de Negócios was established in 2015 and has long been committed to expanding its business in Brazil's regulated gambling market. Multibet, as its operated sports betting platform, focuses on enhancing user experience through technological innovation. Altenar, as a provider of sports betting technology, this cooperation will provide new opportunities for its development in the Brazilian market.
Technical Services and Platform Advantages
Through this cooperation, Multibet will adopt Altenar's sports betting technology solutions, including its customized betting functions and platform services. These technical services are expected to help Multibet better adapt to the requirements of Brazil's new regulatory environment and provide a compliant gambling experience for local users.
Statements from Executives
Altenar's Sales Manager Frederico Caputi said: "We are pleased to support Multibet's development in the Brazilian market and help it adapt to the new regulatory environment. Brazil is one of the most potential markets globally, and we look forward to providing a high-quality betting experience for local users."
Multibet's Chief Product Officer James Oliveira said: "We chose Altenar as our sports betting technology provider based on its expertise and successful experience in helping operators enter regulated markets. We look forward to jointly providing an excellent gambling experience for Brazilian users."
Market Significance and Development Prospects
This cooperation further consolidates Altenar's position in the Brazilian sports betting technology field. Brazil's gambling market has been undergoing regulatory transformation in recent years, and the cooperation between technology providers and local operators helps promote the industry's compliant development. Both parties expressed their commitment to providing products and services that comply with local regulations.
