Altenar, a leading sportsbook and iGaming software provider, has introduced a new Rewards System designed to increase player engagement and enhance the promotional capabilities of its partners.
The innovative system offers a progressive jackpot-style feature aimed at boosting traffic and generating excitement across various betting platforms.
The new Rewards System allows operators to create large prize pools linked to specific sports, championships, or events. Players who place bets on these pre-designated markets earn tickets that serve as entries into the prize draws.
At the end of each campaign, the prize pool is distributed according to rules set by the operators, giving flexibility in the payout structure. This could mean one large prize or smaller amounts shared among multiple winners.
One of the standout features of the system is its versatility, allowing operators to run cross-brand campaigns. This means that clients with multiple betting sites can combine prize pools, adding to the excitement and anticipation for players.
Additionally, participation in the rewards campaigns is free, giving operators a powerful tool to promote player loyalty and drive revenue growth.
Dinos Doxiadis, Sportsbook Product Development Manager at Altenar, commented on the launch: "We are staying true to our principles, which is to provide our operators with great tools that will help them grow. This project was designed to bring casino-style rewards to sportsbooks and give operators the flexibility to utilise them as they see fit."
He further highlighted the system's adaptability: "We support custom payout structures so our operators can create different types of campaigns—whether it’s one big winner or a large number of smaller ones. We've also included engagement thresholds for payout eligibility, encouraging users to bet more. It’s another reason why we stand out in the market."
The Rewards System marks another step forward in Altenar’s mission to provide its partners with the most innovative and effective tools for player retention. By offering the option to customise campaigns, operators can tailor their promotions to fit the unique needs of their player base. Whether aiming to reward high rollers or attract casual bettors, the system's flexibility makes it a game-changer in the competitive world of online sports betting.
The launch also aligns with Altenar's ongoing strategy to bridge the gap between the casino and sportsbook worlds. By incorporating casino-style reward mechanics into its sportsbook platform, Altenar is offering operators new ways to engage with players and enhance their overall gaming experience.
The introduction of engagement thresholds further incentivizes players to stay active throughout the duration of each campaign. This feature encourages sustained betting activity, making it a valuable tool for operators looking to boost player engagement over time.
The system’s ability to cater to various campaign styles—whether it’s a massive jackpot for one lucky player or a broad distribution of smaller prizes—gives operators the freedom to craft unique and effective promotional strategies.
Altenar’s new Rewards System is expected to become a popular feature among operators looking to differentiate themselves in a crowded marketplace. By combining innovation with flexibility, Altenar continues to solidify its reputation as a forward-thinking provider in the iGaming and sportsbook sector.
With the launch of its new Rewards System, Altenar offers operators an innovative way to drive player engagement and loyalty. The combination of large prize pools, flexible campaign options, and the ability to run cross-brand promotions makes this system a powerful tool in any operator’s arsenal.
As Altenar continues to innovate, its latest product reaffirms the company’s commitment to delivering cutting-edge solutions to the iGaming industry.
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