October 31, 2022 2 min read

Altenar Introduces Cash Out Feature for Italian Market

Altenar has become among the pioneers to debut its unique cash out sportsbook feature that allows players to assume more control over their active wagers and choose to withdraw part of an ongoing stake. As such, Altenar is seeking to innovate the experience for Italian sports bettors who will have the opportunity to benefit from a feature that is a defying part of the betting experience.

New Sports Betting Experiences Available to Italian Bettors

Cash out and auto cash are futures that are popular with Altenar’s platform and already used by sports bettors worldwide. They add to a flexible and user-friendly betting experience that yields better results for consumers, and also the sportsbooks that have chosen to extend the betting experience to feature such options in the first place.

Altenar is also keeping track of existing regulations, making sure that its product is 100% compliance-ready and it will adjust the minimum and maximum bet size from €1 to €50. With this, Altenar feels confident in the position it is going to hold in the Italian betting market. Altenar regional director Francesco Papallo welcomed the opportunity and said:

The introduction of this regulation change has been a long time coming, and we are thrilled to finally be able to offer the Italian market our industry-leading Cash Out product.

Altenar regional director Francesco Papallo

Papallo welcomed the opportunity to introduce cash out thanks to the latest regulatory changes in the way sportsbooks can run their offers. Altenar has been one of the most forward-thinking companies when it comes to breaking ground in new markets. The company secured an Ontario license by AGCO in Canada, and it further managed to launch in Latvia.

Presently, Altenar remains licensed in 14 global markets, including the UKGC and MGA. The company has also received various distinctions and it’s won the EGR Italy Awards 2022, hailed as the best Sports Betting Provider.


Stoyan holds over 8 years of esports and gambling writing experience under his belt and is specifically knowledgeable about developments within the online scene. He is a great asset to the GamblingNews.com team with his niche expertise and continual focus on providing our readers with articles that have a unique spin which differentiates us from the rest.

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