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.
htmlWhen the World Cup returns to the Azteca Stadium in Mexico after forty years, the Latin American betting market has also reached an unprecedented turning point. The 2026 tournament will be the first World Cup after the legalization of gambling in Brazil, allowing Brazilian bettors to legally pl
Latin America continued to be one of the most dynamic growth regions in the global gaming industry in the first quarter of 2026. From Brazil's regulatory adaptation period to stable output, to Mexico and Peru continuing to act as performance engines for multiple operators, this gaming market spannin
Colombia's gambling regulatory body Coljuegos announced a milestone set of data this Thursday. Since the current President Gustavo Petro took office in 2022, the gambling industry has transferred over 4 trillion Colombian pesos (approximately 1.07 billion US dollars) in special taxes to the national
Gaming supplier Zitro held its first "Zitro Experience" customer experience exhibition in Colombia at the iconic Gaira Café in Bogotá on April 16, where industry leaders gathered and the fully booked event itself became the best footnote for the brand's regional appeal. That evening, Zitro showcased
Colombian President Gustavo Petro signed an emergency decree last Thursday, re-imposing a 16% consumption tax on online gambling deposits to address severe flooding in eight provinces. This tax applies to all online operators providing services locally, regardless of whether their headquarters are i
Codere Online set a record for net gaming revenue of 224.1 million euros in the fiscal year 2025 and is now looking towards further expansion. However, CFO Markus Arielson made it clear that they will only choose markets with the "right elements" — budget, local partners, suitable regulation, and th
For licensed gambling operators in Colombia, the nearly year-long high tax rate "tightening spell" is expected to be lifted at the end of the year. Congress recently voted down the "Financing Bill" aimed at making the 19% gambling VAT permanent, meaning this temporary tax is likely to automatically
In the third quarter, the online gambling market in Latin America showed some fluctuations, with Brazil's growth not as fast as expected, and Colombia's tax issues adding a lot of uncertainty. Various operators have released their performance reports, let's take a look at their specific performance
This weekend, the gambling industry has several dynamics worth noting: Kambi Group has signed a multi-year agreement with Dutch Holland Gaming Technology to provide sports betting solutions; EveryMatrix has partnered with UK's BetGoodwin to launch a sports betting platform; Pragmatic Play is investi
The Ministry of Finance's proposed tax reform plan plans to impose a 19% VAT on online gambling platforms, causing widespread concern in the industry. The measure will take effect in February 2025, and operators criticize it for causing a decline in medical system revenue and threatening the sustain
The Colombian government has decided to maintain a 19% VAT rate on online gambling and set it as a permanent policy. This measure, included in the latest tax reform bill, has sparked strong opposition from domestic gambling operators.Industry Association Criticism: Fundamental Error in Tax Base Sele
Colombia's administrative department, through the Ministry of Finance, has submitted a new tax reform bill to Congress, planning to impose a 19% value-added tax on casinos and online gambling. This bill is a continuation of last year's failed financing bill, aimed at funding the 2026 budget while ma
Sergio Entrena, the Minister of Finance for Santander Province in Colombia, recently warned in an interview with La Opinión that over 80% of gambling activities in the region are conducted through informal channels, leading to significant tax revenue losses that should have been allocated to the hea
In the ongoing crackdown on illegal gambling, the Colombian gaming regulatory authority Coljuegos seized 628 illegal gambling devices in Atlántico and Meta provinces, preventing an estimated annual loss of about 520 million Colombian pesos (approximately $129,184) to the healthcare system.Coljuegos
As most operators have announced their Q2 financial results, the performance of the Latin American gaming market has attracted significant industry attention. Despite the continued boom in Brazil's online gaming market, tax pressures in Colombia and Peru still pose significant challenges to operator
Colombia—The Medellin Lottery recently released the first lottery ticket designed by artificial intelligence to commemorate the 203rd anniversary of the issuance of Colombia's first legal lottery. This special edition ticket will be launched on August 8 (Issue 4795), with a grand prize of 16 billion
