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Decree 2106 from 2019, and this simplistic the newest governmental actions, provided Post 56. Changes in the spot of one’s functioning place should also provides earlier approval and you may meet up with the requirements based by gaming legislation. At the time of 16 October 2024, the fresh agent have to follow the newest responsible gaming standards and legislation. On line betting control doesn’t identify a small number of licences, nor a specific several months when the licences appear. In the case of pony-competition betting, following particular laws and regulations, the brand new concession might possibly be for 10 years. To own AML, the present day laws and regulations are needed to change so you can upgrade AML preventions prior to GAFI guidance as well as in line having the requirements to own financial agencies inside Colombia.

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The newest regulation of adverts inside the gambling drops inside the remit out of Congress, as previously mentioned inside Blog post 333 of the Composition. It’s contended one to Coljuegos’ solution encroaches abreast of vitality reserved to your legislature. Statements consistently praise the brand new Colombian on the web gaming market, and you will rightfully so. The newest estimated return to own 2024 try USD9.9 billion, with a gross betting cash (GGR) from USD650 million and you will playing requirements near USD71 million. However, truth be told there stays a risk you to definitely online gambling inside Colombia would be subject to VAT inside the 2025.