Colombia Welcomes The 17th Online Gambling Licensee

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January 31, 2022
2 minutes

Adjustable market for gambling online games colombia has reached new heights in 2018. Recently, the 17th license was issued.

Colombia welcomes the 17th online gambling licensee

On monday, february 26, columbian regulatory gambling authorities coljuegos announced the issuance of the 17th license for gambling online games. Bogota games and betting sas, which plans to offer sports betting and casino from its betjuego’s domain.Co that has not yet been launched officially. Permission will be really for three years.

The colombian regulator issued a first license for gambling online games in july 2017, after the country became the first jurisdiction in south america, which approved the legislation on gambling on the internet. Of the 17 operating online licenses 10 received official permissions in 2018.

President coljuegos juan b. Perez hidalgo recently noted the growth of the regulated market for the first 19 months of its existence. Official data for 2018 show that tax deductions from the organizers of the gambling business in 2018 reached 37.9 billion copies ($ 12.26 million), which more than seven times exceeds the amount of 5.3 billion copies received in the second half of 2017 of the year.

At the end of 2018, online operators licensed in colombia recorded 1.9 million new accounts, and, according to coljuegos representatives, from january 31, 2019 their number exceeded 2 million.

In collaboration with the ministry of information technologies, cyberpolyting and local internet service providers of coljuegos blocked 2624 users of illegal online games serving customers from colombia without a license.

Recall: at the end of last year, betalfa received permission to work in the columbia market.

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