A relevant sportsbook and iGaming software provider, Altenar holds many regulatory licenses and certifications. In this sense, it’s important to understand the value these regulations have for players and operators. Some benefits come from being regulated, licensed and certified by adding monetary donations from tax to local hospitals and schools, as well as creating frameworks for greater risk management systems and bolstering security infrastructures for operators, players and providers.
In terms of security infrastructures and frameworks, readers should take a deeper look at these videos: in the first one, there’s an interview to Konrad Pizzuto (Director of Technology Operations of the company) about Altenar’s agility in software; the second shows Denise Vella (Head of Information Security) speaking on Altenar’s security and the importance of holding a ISO certification.
The above videos shed an informative light on the significance of regulation, not only as a tool to increase safer gaming aspects, but also to create and breed a culture of security within a provider’s or operator’s team.
In the following article, there are different elements to better understand the key benefits of adhering to regulations and licenses.
DIFFERENT SPORTS BETTING MARKETS AND REGULATORY RULES
Many iGaming markets will adhere to new and changing laws around what is acceptable or not on this subject. Considering the advancement of online gaming regulation in different territories, some of them will often imitate other examples. For instance, the UK licensing system (such as ISO 27001) has generated a standard for many other countries, operators and providers to strictly adhere to.
Regulations, licenses and certifications ensure data protection and business continuity for many providers and operators in the iGaming world.
SECURING NICHE MARKETS
For Altenar, being able to secure niche iGaming markets ensured that not only was their software adaptable to change, but also their security infrastructures. This has made possible the sportsbook software provider to achieve success in famously niche markets, such as Spain, Sweden and Italy. Any operator can discuss entering these markets with a trained and experienced professional by contacting Altenar today.
Many providers and operators want to be looked upon favorably by clients and governing bodies. This often ensures these governing bodies that operators and providers are taking the necessary steps towards safer gaming, better security measures and more.
Providers like Altenar are able to maintain certain licenses like the aforementioned ISO. This indicates that they are strictly adhering to what is required of them, and for this reason, many operators choose Altenar to take them into global markets.
BEING CONSIDERED ASSETS
When it comes to revenue and gaining regulated status, finding success in many markets means that a provider or operator might need to be considered an asset to the country it’s applying to. For instance, when Altenar was granted its Ontario license, a large part of this achievement was attributed, by the governing body, to Altenar’s presence in other regulated regions like Europe.
For this reason, choosing a provider with a wealth of regulatory experience and achievement throughout its history is an asset to operators. If you’d like to learn more about Altenar and how it can adapt to your needs, please contact their team of passionate professionals.