Tag Archives: Colombia

The Senate of Colombia (upper house) has confirmed that tax measures on online gambling will be reviewed to support the government’s plans to overhaul the nation’s public welfare and healthcare systems.  Debates are scheduled to begin this week on Friday, February 16, led by Senator Antonio Correa of Partido de la Union. In 2016, Colombia modernised its Gambling Act (2001) …

Swedish betting operator Betsson has announced that it is now the main sponsor of Colombian football club Atletico Nacional. Strengthening the bookmaker’s footprint in Latin America, the new deal will see the company’s logo being placed on the front of the team’s men’s and women’s jerseys for the next three years.  Atletico Nacional was first established back in 1947, and …

Coljuegos, the Federal Gambling Authority of Colombia, has published plans for a ‘regulatory project’ to overhaul the rules on owning and operating electronic slot machines (ESMs). The regulator plans to initiate the project in 2024, a move deemed critical as Coljuegos seeks to terminate the ‘illegal economy’ of unauthorised ESMs operating across Colombia’s 32 federal territories. The project is accompanied …

Stake.com has announced its entry into the Colombian market through the acquisition of Betfair Colombia and its licence, which has been approved until 2025.  This marks a significant milestone in the online casino’s expansion strategy in Latin America and its commitment to delivering ‘top-tier entertainment’ to Colombian players. Brais Pena, Chief Strategy Officer at Easygo – the operating company of …

Colombia’s national gambling authority, Coljuegos, has proposed a resolution to adopt new advertising restrictions alongside changes to other licensing conditions. The potential reforms will need to be approved by Colombia’s Congress to be enacted, which if successful will see new requirements adopted by 1 January 2024. Regarding advertising, restrictions will follow a ‘tiered system’ whereby the more revenue an operator …

Coljuegos, the Federal Gambling Authority of Colombia, has warned that all licensed operators must comply with their tax duties.  This warning came after the publication of Colombian gambling’s accounts for the period of January-to-August 2023, overseen by Coljuegos. Year-to-date accounts showed a 16% increase in ‘tax transfers’ from licensed businesses to COL $564bn (€125m). Including tax takings, during 2023, Coljuegos …

Coljuegos, the Gambling Authority of Colombia, has sponsored a bill to better regulate gambling advertising and promote higher industry standards on marketing and communications.  The bill was submitted to the federal government on 29 September and sees Coljuegos aim to establish a series of new rules to “regulate the conditions under which authorised operators can promote advertising, sponsorship, marketing or …

The office of Colombian President Gustavo Petro has announced the appointment of Marco Emilio Hincapié Ramírez as the new President of Coljuegos – Colombia’s National Gambling Authority.  The appointment was confirmed via a decree published by the governing Colombia Humana Party, nominating new executive governors to lead government agencies. The former General Manager of the Bogota Lottery, Hincapié Ramírez is …

Roger Carrillo Ocampo has officially resigned as President of Coljuegos, the gambling authority of Colombia.  Carrillo Ocampo was among senior civil service officials to reject President Gustavo Petro’s plans to overhaul Colombia’s public healthcare system, which remains stuck in Congress. A Conservative Party member and experienced administrator, Carrillo Ocampo was appointed by the Ministry of Finance to serve as President …

The World Cup is always one of the most popular events in the sporting calendar – and in some countries this popularity is particularly evident in the number of bets placed throughout the tournament.  But does this popularity translate into betting volume, when the country in question doesn’t qualify? In Colombia, the answer is a firm yes.  Last year’s World …