Global sportsbook supplier Altenar has officially been welcomed as an associate member of CIBELAE (the Ibero-American Corporation of State Lotteries and Gambling).
This strategic alliance with CIBELAE allows Altenar to integrate more deeply into the institutional fabric of Latin American, Spanish, and Portuguese gaming sectors.
Navigating Ibero-American Complexity
CIBELAE, founded in 1988, serves as a vital bridge between public lotteries and private operators, promoting best practices and sustainable development across the Ibero-American region. As a member of the World Lottery Association (WLA), the organization provides Altenar with a platform to contribute to high-level innovation and policy discussions.
The Ibero-American region presents a unique paradox of high growth potential and high regulatory complexity. Operators in these markets frequently face fragmented legal frameworks and rapidly shifting compliance mandates.
Altenar’s sportsbook technology is specifically engineered to address these hurdles through a focus on flexibility, scalability, and hyper-localization.
Commitment to Flexible Compliance
Diego Salas, Sales Director at Altenar, emphasized that flexibility is the brand’s primary competitive advantage:
“Becoming an associate member of CIBELAE marks an important milestone for our business as we continue to expand our presence across regulated markets. We look forward to contributing our technology expertise, engaging with fellow members, and supporting the sustainable development of the industry throughout Latin America and beyond. Our strength lies in flexibility. We enable operators to adapt quickly to regulatory changes, tailor their offering to local markets, and scale efficiently while staying fully compliant.”
Salas further reiterated that the ability to “tailor offerings” and “stay fully compliant” is the core mission Altenar brings to the CIBELAE network, ensuring that partners can navigate the evolving landscape of LatAm with confidence.
