Sportsbook technology provider Altenar has entered the regulated sports betting market in the Philippines through a partnership with DigiPlus Interactive Corp., under which it will supply sportsbook technology for ArenaPlus.
ArenaPlus is DigiPlus' flagship online sportsbook platform, licensed by the Philippine Amusement and Gaming Corporation (PAGCOR).
Under the agreement, ArenaPlus will migrate its sportsbook operations to Altenar's fully managed sportsbook platform. The solution includes localized betting options, live and in-play wagering capabilities, risk management tools, and compliance features designed for a mobile-focused market.
The platform also incorporates Altenar's in-house statistical model and automated pricing technology, providing player proposition betting markets for Philippine Basketball Association games. The tools will support faster odds updates and expand the available betting offering for ArenaPlus users.
The partnership represents Altenar's latest expansion into a regulated market in Asia and adds the Philippines to its list of jurisdictions where its sportsbook technology is deployed.
"Partnering with DigiPlus to power ArenaPlus marks a key step in our entry into the Philippines, a highly engaged and rapidly growing regulated market. Our fully managed, localised sportsbook delivers the performance, stability, and compliance required in this market,” said Dinos Stranomitis, COO at Altenar.
"This agreement reinforces our ability to support ambitious operators and establishes a solid foundation for long-term growth," Stranomitis added.
Erick Su, head of ArenaPlus, said the company selected Altenar's platform to support the next phase of its sportsbook operations.
"Altenar provides the technical strength and reliability needed to elevate the ArenaPlus sportsbook experience. Their fully-managed solution aligns with our strategy for continued growth in the Philippines, particularly amid the rising demand for live and in-play sports betting,” said Su.
"With Altenar's technology in place, we can continue enhancing the player experience while building a partnership focused on long-term and sustainable growth," he added.
ArenaPlus is the flagship sportsbook brand of DigiPlus Interactive and operates under a PAGCOR license in the Philippines. The migration to Altenar's platform will provide the operator with sportsbook management, trading, and pricing services, alongside compliance and risk management capabilities.