The gambling industry in Colombia is legal and regulated by the government. The Colombian gambling market includes various forms such as traditional casinos, lotteries, sports betting, and online gambling, and has experienced significant development in recent years.
About Brazil, the interviewee said the firm’s focus is on building long-term value and creating games that speak to local players, working closely with partners, and staying fully aligned with regulatory progress. Following its successful rollout in Europe, including new licenses in Greece and Denma
Playtech Sees Revenue Uptick from Continuing Operations in 2024The fast-growing platform, content and services provider, catering to the global gambling industry, Playtech, released its latest financial update, highlighting strong growth for the year ended December 31, 2024. The company’s latest rep
We turn our attention to Spanish-speaking major population areas such as Spain, Colombia, Argentina, Peru, and Chile to observe the development of the sports betting industry in these regions.As of January this year, Spain's population exceeded 49 million, with a GDP per capita of $35,789. Among the
In addition to presenting its sportsbook, casino, CRM, affiliates, and payment solutions, at next week's event Oddsgate will reaffirm its commitment to innovation in the region.Press release.- On March 19 and 20, the Hilton Buenos Aires in Argentina will host SAGSE LatAm 2025, one of the most import
Rodrigo Mendoza Vega took office replacing Octavio de Jesús Duque.Colombia.- On March 3rd, Rodrigo Mendoza Vega officially became the new manager of the Medellín Lottery, one of the most emblematic entities of the Antioquia department and the country. Appointed by Governor Andrés Julián Rendón, Mend
From the Colombian Federation of Entrepreneurs of Games of Chance and Luck, it was assured that uninformed generalizations only generate uncertainty in the market.Colombia.- The gambling industry is under scrutiny in Colombia and therefore, the guilds consider it important to defend a market that is
With a 6.4 percent increase in revenue and strategic expansion, the entity positions itself as one of the most prominent lotteries in the country.Colombia.- The Lotería del Risaralda closed 2024 with outstanding performance, recording revenues of COP26.381m (USD6.4m), exceeding the projections set f
According to a study by Playtech, a key aspect for Colombian players is the speed and reliability of payment providers.Colombia.- Playtech recently launched the third edition of the report "Responsible Gaming: Consumer Insights and Trends in Latin America". The new edition of the report presents sig
With more than 30 years of experience in the betting segment, the renowned certification firm Gaming Laboratories International (GLI) has joined as a sponsor. Expectations for the first edition of G&M Events Colombia grow day by day. After its successful run in Peru and Argentina, this format wi
The first half of this year has been a “whirlwind” for Booming Games, with new licences, new products and new partnerships all keeping the team busy. But according to Head of Sales Aaron Axisa, the second half of the year is going to be even more jam-packed with big announcements.Chatting to CasinoB
A Playtech investigation, however, showed that Chilean players bet less frequently than players from other countries in the region.Chile.- Playtech recently launched the third edition of its e-book on the gaming industry in Latin America. The new edition of the report presents significant fin
Playtech has launched the third edition of its e-book on the gaming industry in Latin America. This new report delves into player trends, their concerns, and main interests, providing expert information on responsible gaming to industry stakeholders in one of the fastest-growing regions globally.Thi
Online sports betting supplier Betby has appointed Entain’s former country manager for bwin in Colombia as its new Latin America regional director. Juan Pablo Barahona also spent three years as Betway Group’s head of Argentina and head of South America. At Betby, he will drive the company’s regio
The Colombian Gaming and Betting Trade Association (Fecoljuegos) has harshly criticized the government for imposing a 19% Value Added Tax (VAT) on gambling, warning that this move could lead to operators exiting the market.The Colombian government issued Decree No. 0175, temporarily removing the VAT
CIRSA has declared 2024 its “best year in business”, achieving a record €699 million [$731 million] in operating profits. This marks the third consecutive year of record-breaking performance since Blackstone acquired the company in 2018.Revenue rose 8% year-on-year, reaching €2.15bn, compared to €1.