growing claims that the companies had worked together in order to divide 12 casino licences amongst themselves and another local operator – Marina del Sol. Tese claims have all been strongly denied by the operators.
COLOMBIA
Colombia put in place regulations for online-based gaming in 2016. Te gaming board (Coljuegos) has gradually begun to liberalise the market and has increased the number of products on offer. For instance, Coljuegos gave the green light for live dealer casino games in April 2020 and only in April this year did the board approve the regulation of online instant win games as well. Investors have also been encouraged by a clear set of rules when it comes to entering the Colombian market.
While illegal gambling is still widespread (it now stands at around 30 per cent of the market according to the ex-president of Coljuegos, César Augusto Valencia Galiano) the government has made sustained headway in its efforts to combat illegal gambling via pacts with local governments.
In addition, the gambling industry made a strong comeback after the pandemic and is still showing signs
P66 WIRE / PULSE / INSIGHT / REPORTS
According to DANE the online gaming sector has grown by as much as 123 per cent in the last five years. The sector plays an especially crucial role in
Colombia as it funds the public health service. Health
reform is on the agenda of President Gustavo Petro who took office in 2022.
Now nearing the end of his first year, his coalition majority is increasingly fragile.
of increased growth, especially in the online sector. According to Te National Administrative Department of Statistics of Colombia (DANE) which published its latest findings in April, gaming now accounts for around 1.7 out of every 100 pesos of GDP, more than the manufacture of textiles, clothing and footwear industries combined. In addition, it is the economic sector that has grown the most. According to DANE the online gaming sector has grown by as much as 123 per cent in the last five years.
Te sector plays an especially
crucial role in Colombia as it funds the public health service. Health reform is on the agenda of President Gustavo Petro who took office in 2022. Now nearing the end of his first year, his coalition majority is increasingly fragile.
In February, Petro presented his health reform proposals to lawmakers. However, he has struggled to push these reforms through. In April, the president asked for the resignation of a number of ministers, due to their failure to support his health reform bill. Amongst them was Roger Carrillo, a member of the
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