Isle of Man

Altenar strengthens Isle of Man foothold with office opening

Altenar has followed up a period of ‘continued worldwide growth’ with the opening of a new headquarters on the Isle of Man.

The B2B betting and gaming supplier, which is based in the Isle of Man’s capital Douglas, has cut the ribbon on the new centre to house its legal, compliance and finance teams.

Located at the Isle of Man Business Park in Douglas, the new office will be headed by the group’s Chief Financial Officer (CFO), John Quaye, and will focus on expanding Altenar’s team and training local talent.

Quaye remarked: “With the opening of our new offices, we embark on the next exciting chapter of growth in the Altenar story. 

“The investment we’ve made, gives our dedicated employees first class facilities and supports our aim to grow our workforce further in the Isle of Man, as is our aim across the entire Altenar group, providing comfortable and positive working environments.

“In a post COVID-19 world, a well designed office space has become more important as we encourage our employees to interact in person, sharing thoughts and ideas that can spark innovative solutions.”

Altenar stated that the development continues to strengthen its foothold on the island – which is home to many B2C and B2B betting and gaming firms as well as the widely regarded Isle of Man Gambling Supervision Commission regulator – after a period of global growth.

The summer has so far seen the firm sign a Bulgaria-focused partnership with Palms Bet and secure a Swedish B2B supplier licence under the country’s new framework, whilst most recently penning a global racing content distribution deal with Vermantia.

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