Oleg Krasotkin on Building Altenar’s Sportsbook and the Realities of Leadership
Oleg Krasotkin, Director of Software Development and Head of Altenar’s Russian office, discusses the evolution of Altenar’s sportsbook product, leadership in open-plan offices, and the enduring value of responsibility over hierarchy.

Key Takeaways
- Oleg Krasotkin has headed Altenar’s Russian office since 2014, guiding its sportsbook development and team expansion.
- Altenar’s technology team grew from a handful of developers to over 300 employees in Russia, with global headcount exceeding 800.
- The company promotes an open workspace culture, with leadership often present in the main office area rather than separate offices.
- Responsibility, initiative, and internal promotion are core principles underlying Altenar's staff retention and growth.
- Effective sportsbook development at Altenar is driven by organisational flexibility and a commitment to collaboration.
Oleg Krasotkin, Director of Software Development - Sportsbook and Head of Altenar’s Russian operation, has played a central role in building the Altenar sportsbook and scaling the company’s technology team from a handful of developers to an office of over 300 in Vladimir. Krasotkin’s approach focuses on technical involvement, visible leadership—often from a desk in the shared workspace—and an emphasis on responsibility rather than hierarchy or titles.
From Early Start-Up to Established Sportsbook Provider
Krasotkin’s journey with Altenar began in the early 2010s when a project connected developers in Vladimir with a Malta-based team. Valery Sandler encouraged Krasotkin to join a product development effort for a client managed by Stanislav Silin. These beginnings predated Altenar’s incorporation. As initial clients appeared, the growing workload required expanding the Russian team, and by 2014, Krasotkin was asked to take responsibility as director of the Russian office. "I had never set out to become a director," he notes. Krasotkin instead focused on technical growth, contributing directly to code and system architecture while building out the sportsbook’s foundations.
Today, Altenar operates globally with more than 800 employees, supported by a Russian office exceeding 300 staff. The sportsbook offering—which now powers multiple clients internationally—remains a core achievement, both in product terms and for the internal culture that enabled flexible growth.
The Focus Keyword: Altenar Sportsbook Development
Krasotkin highlights that developing the sportsbook was as much an organisational challenge as a technical one. Technical work was complemented by building new departments, refining processes, and carefully growing the team. “Success consists of many things: the commitment of numerous people, the decisions made along the way and, to some extent, luck.” He credits internal advancement as key to Altenar’s success, observing that many employees progressed from junior roles to senior leadership positions as the organisation scaled.
Growth, however, outpaced even Krasotkin’s expectations. "I did not even imagine that we would reach 100 employees." The expansion was organic, shaped by new client wins and increased project scope.
Responsibility, Initiative, and Internal Promotion at Altenar
Altenar’s retention of early staff is linked, Krasotkin says, to the company’s culture of fostering both initiative and personal responsibility. Freiheit and decision-making are encouraged, but employees are expected to assume the accompanying consequences. Leadership prefers to promote from within wherever possible, giving existing staff opportunities for advancement as new positions emerge—a policy that benefits both the employee and the business.
“When the business grows, new responsibilities appear. When that happens, we first look at people already working inside Altenar,” - Oleg Krasotkin
This approach supports a dynamic environment, with continual development not only in headcount but also in project scale and client base. Krasotkin emphasises that the company’s trajectory has remained upward, even in unpredictable industry conditions.
Sportsbook Leadership Without the Private Office
Krasotkin remains an active presence on the development floor, choosing not to occupy a private office even as the company outgrew its startup constraints. Initially, the office lacked the physical space; later, as facilities improved, he maintained an open-desk policy to keep communication direct. He argues that this practical proximity solves small issues quickly and fosters an open, accessible culture for both new and long-serving employees. He rejected the idea that directorial roles require physical or procedural separation, instead preferring the same rules for all staff.
Managing Managers and the Shift Toward Collaboration
The scale of Altenar’s Russian operations means Krasotkin now manages through other managers rather than directly supervising technical teams. This adds complexity: as the chain of command grows, trust becomes the critical currency in leadership. "If you intervene carelessly, you may solve one immediate issue while creating a larger management problem," he observes. Krasotkin's leadership values fairness in decisions—a principle not tied to seniority.
He also stresses that, as the team has grown, communication and collaboration have become as important as technical skill. In earlier stages, individual brilliance could drive a project in isolation. Today, interdependencies between teams mean that an employee's ability to coordinate and communicate is as vital as their technical expertise.
Onboarding, Training, and Culture in Sportsbook Development
Krasotkin outlines a structured approach for onboarding and developing employees:
- Maintain an open environment where questions are encouraged
- Ensure information and documentation is accessible for self-guided learning
- Hold regular one-to-one meetings for direct feedback and support
He sees hiring skilled candidates as the best shortcut to effective onboarding but warns that even strong specialists require context, support, and approachable leadership to integrate successfully.
Personal Perspective: Work-Life Balance and Motivation
Daily life for Krasotkin involves balancing family responsibilities with the demands of leading a major technology division. He finds motivation in both work and family, with little spare time outside those commitments. Travel with family and following mixed martial arts are among his main interests.
As for his greatest project, Krasotkin points to raising his children—an endeavour, he notes, with less predictable milestones and a longer horizon than any software rollout. Reflecting on his career growth, he sees no single critical mistake but underlines the importance of learning from the past and striving to minimise harm both professionally and personally.
Internal Growth and the Altenar Sportsbook Roadmap
The long-term development of Altenar’s sportsbook remains unfinished by design, as technology, regulation, and market expectations continue to evolve. Internal development, staff retention, and an emphasis on shared responsibility underpin both the product strategy and organisational stability. For industry counterparts and talent considering Altenar, the message is clear: responsibility, communication, and collaborative initiative matter as much as technical expertise in sustaining product and organisational growth.
Frequently Asked Questions
How did Altenar's sportsbook development begin?
Altenar’s sportsbook development started in the early 2010s as a project linking Vladimir-based developers with a Malta team, preceding the company’s formal founding and initially involving just a few people.
Why does Oleg Krasotkin avoid a private office?
Oleg Krasotkin chooses to work in the open-plan space to maintain approachability and direct communication, believing that visible leadership and equal rules for all staff support faster problem-solving and a better work culture.
What is Altenar’s approach to staff advancement?
Altenar prefers to promote from within, offering advancement opportunities to current employees as new roles open up, which benefits both company stability and personal development.
What qualities does Altenar prioritise when hiring for sportsbook development?
The company values responsibility, initiative, and communication skills, as collaboration now outweighs individual brilliance in the complex, interconnected teams powering Altenar’s sportsbook.
How does Altenar support onboarding and continuous development?
Onboarding at Altenar emphasises open communication, accessible documentation, and regular one-to-one meetings, enabling new employees to integrate quickly and existing staff to develop further.
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About the author

Marcus Webb
Industry Deals Correspondent
Marcus Webb covers the deal flow of the gambling industry — operator strategy, M&A, market entries, and product launches from sportsbook rebrands to full platform migrations. The reports name the companies, valuations, and jurisdictions exactly as disclosed and separate the announcement from its market impact. When a group consolidates a brand or a challenger launches into a new state, Marcus Webb explains who gains, who pays, and what closes next quarter.
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