Tag: Coljuegos

Regulatory success shines light on LatAm’s lost opportunities

Regulatory success shines light on LatAm lost opportunities Colombia Paraguay
Strides ahead in its regulation of gambling offers, Colombia reports a doubling of revenues in the first half of 2021. Meanwhile, in Paraguay, progress towards the light is held back by crime, corruption and systemic shadow banking.

Coljuegos moves to regulate virtual sports

Coljuegos virtual sport
Colombian gambling regulator Coljuegos has updated the country’s gambling legislation to allow operators to take wagers on animated events, paving the way..

Colombian gaming revenue up ten percent

Colombian Gaming Revenue regulator Juan Perez Hidalgo
The Colombian regulator updated delegates to FADJA on another ten percent lift in gaming revenue, to $183m, in 2018. Coljuegos said the lift was down to..

Coljuegos finalises Rivalo approvals in bid for better betting

Coljuegos, finalises, Rivalo, approvals, bid, better betting
Colombian regulator Coljuegos has officially welcomed online gambling company Rivalo to the Colombian market, after authorising the firm’s application in 2018. Approved in September, the group was granted the country’s 14th online licence…

Coljuegos drives illegal gambling crackdown as Colombian market continues growth

Colombian regulator Coljuegos has announced its joint task force with the country’s Ministry of Finance has resulted in the seizure of over 2000 illegal slot machines. The authority’s president, Juan B Perez Hidalgo, detailed that during 2018 the partnership had ceased the operations of machines evading $433,000 in tax charges annually. A statement from Coljuegos described the drive as an “offensive...

BMM tests Colombia’s first Live Sports platform

Betting Business - Colombia igaming Colombia's quickfire
The international gaming testing laboratory, BMM Testlabs, recently tested the first Live Sports online gambling platform for Colombia's igaming market.   BMM Testlabs confirmed it had tested the online gambling platform for WPlay.co, owned by Aquila Global Group, and based on BMM's test report and certification, COLJUEGOS, Colombia's regulatory body, issued its first license for online sports betting operations to WPlay.co  BMM's...

Regulation in Colombia rewired for iGaming

Betting Business - Colombia igaming Colombia's quickfire
One of the most successful economies in South America, Colombia is emerging as an iGaming jurisdiction and the country’s first online operators could be up and running this month.   Home to 48 million people, Colombia has the third highest population in Latin America, just over half of whom are internet users. “In general, regarding the Colombian population, our studies calculate that...