According to a recent report from World Casino Directory, international gaming provider Altenar has partnered with local operator Spinbet to launch its platform in the New Zealand market . This marks Altenar's entry into the fast-growing interactive gambling space in New Zealand.
Under the new agreement, Spinbet will leverage Altenar's full suite of online casino games and sportsbook solutions. The deal provides Spinbet access to hundreds of slots, table games, live dealers, and thousands of betting markets.
Altenar brings extensive experience as a B2B gaming supplier across Europe and Latin America. The company sees significant potential to expand its footprint in the Asia-Pacific region, starting with New Zealand.
The partnership enables Spinbet to diversify its iGaming offering to players beyond its current focus on sports betting. By integrating Altenar's casino and live dealer games, Spinbet can better compete with larger New Zealand online operators.
For Altenar, the Spinbet deal represents a milestone first entry into the New Zealand iGaming industry. Altenar can now market its content and platform to other local operators seeking to enrich their gaming catalogs.
The New Zealand online gambling market generated over NZ$332 million in revenue last year and continues to see strong double-digit growth. Altenar's launch and its planned future B2B partnerships can capture a share of this fast-rising sector.
Industry analysts view the Altenar-Spinbet tie-up as the start of further expansion of regulated online gambling in New Zealand. International gaming providers are expected to follow Altenar's lead by partnering with local operators.
Altenar's move into New Zealand via Spinbet marks an exciting new chapter for the country's online gaming landscape. Both companies appear well-positioned to capitalize on burgeoning consumer demand for iGaming. However, the increased competition also raises responsible gambling considerations that regulators will monitor.