GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

Colombia Regulates Online

South American country in search of new revenues

Proposed regulations for online gaming are under review by the Colombian gaming regulator Coljuegos and have also been released to the public for its feedback.

Three draft bills also cover technical requirements for internet games including roulette, slots, bingo, baccarat and blackjack, along with cash poker and tournaments. Real and fantasy sports bets are also part of the legislation, with parlay, exchange, and fixed-odds wagers included in the deal. Live in-play betting would be permitted.

According to the Public Gaming Research Institute, other provisions of the legislation cover Colombian domains, which must be established by operators. Those operators must pay an administrative fee of up to 1 percent of gross gaming revenues plus taxes from 15 percent to 17 percent of GGR. The regulator reserves the right to limit bonuses. Advertisement would be permitted.

Colombia is looking to digital games to help boost its economy, PGRI reported.

    Recent Feature Articles

  • Diverse Experiences Deliver

    Aristocrat’s journey to the top of the slot industry

  • The Giant Awakens

    With citizens who are known to be some of Asia’s most prolific gamblers, Thailand has emerged as Asia’s next gaming opportunity

  • Responsible Gaming: All Together Now

    Voices from the American Gaming Association’s Responsible Gaming Month on the importance of responsible gaming and how the casino industry is handling the issue.

  • Global Games 2022

    The world’s game-makers prepare to wow attendees with the first unrestricted, fully international Global Gaming Expo since 2019

  • Testing, Testing, Testing

    Want to know whether a product, promotion or event will succeed even before it happens? Market research is the answer, but it has to be more nuanced than it has in the past