Altenar joins CIBELAE to expand presence in Latin American betting markets

Sportsbook technology provider Altenar has become a member of CIBELAE, as it seeks to strengthen its position in Latin America’s regulated betting sector.

CIBELAE, founded in 1988, represents state lotteries and regulated gaming operators across Latin America, Spain, and Portugal, and promotes collaboration, best practices, and responsible gaming standards among public and private stakeholders.

The organisation is also a member of the World Lottery Association, reflecting its links with established lottery and gaming authorities worldwide.

The membership marks a strategic step in Altenar’s expansion across Latin America and Europe’s regulated markets, allowing it to deepen engagement with institutional stakeholders and contribute to industry dialogue and innovation.

The move comes as Ibero-American markets show strong growth potential but remain complex, with fragmented regulation, evolving compliance requirements, and localisation demands posing challenges for operators.

Altenar’s sportsbook technology is designed to help operators navigate such regulatory complexity while maintaining compliance, citing flexibility and scalability as key features.

Diego Salas, Sales Director at Altenar, said: “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. We enable operators to adapt quickly to regulatory changes, tailor their offering to local markets, and scale efficiently while staying fully compliant.”