Regulator partners with financial sector to oust unlicensed operators
Colombia's gaming authority working on measures to put an end to illegal gambling operations
The head of Colombia's gaming authority, Juan Hidalgo, is committed to excluding unlicensed operators from its newly-regulated online gambling market. In a Finance Ministry briefing this week, he announced a number of measures to achieve his goal.
2017-09-01
Reading time 31 seg
The head of Colombia's gaming authority, Juan Hidalgo, is committed to excluding unlicensed operators from its newly-regulated online gambling market. In a Finance Ministry briefing this week, he announced a number of measures to achieve his goal.
Regulator Coljuegos has already revealed a blacklist of illegal operators, and has begun blocking online gambling sites which do not hold a local license. However, it admits that it has experienced some technical difficulties in that regard.
Hidalgo said that a second option – disrupting financial transactions between Colombian online players and illegal online gambling operators – is also planned, and that Coljuegos has partnered with the nation's financial sector to find an effective way of implementing this tactic.
Coljuegos has reported a 27% y-o-y increase in payments to the national health fund at USD 170M.
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