International edition
September 24, 2020

Coljuegos awarded the company a 5-year term license

Sportium: the ninth authorized online operator in Colombia

Sportium: the ninth authorized online operator in Colombia
"By the end of 2018, we expect to have 17 licensed online operators in Colombia, based on the growing interest of the private sector in the market," said Pérez Hidalgo.
Colombia | 03/15/2018

President of Coljuegos, Juan B. Pérez Hidalgo, informed that Sportium Apuestas Colombia S.A.S. has entered into a gambling license agreement to operate sports betting through the domain www.sportium.com.co. The sum of the agreement amounts to $ 7,857,937,822 (almost USD 2.8 million).

P

érez Hidalgo highlighted that -three months ahead of the start of the 2018 FIFA World Cup- the online game portfolio is quite attractive and diverse for all types of players. The nine websites authorized by Coljuegos offer the possibility of betting on real sports events.

Colombia is the first country in the Americas to regulate this type of online gaming. Currently, there are nine websites offering legal online gambling: wplay.co, betplay.com.co, colbet.co, zamba.co, codere.com.co, mijugada.co, masgol.co, luckia.co and now add sportium.com.co.

"With the recent incorporation of www.sportium.com.co as the ninth authorized domain, players now have a wide range of offers, so the can choose the option that best suits their preference. By the end of 2018, we expect to have 17 licensed online operators in Colombia, based on the growing interest of the private sector in the market," said Pérez Hidalgo.

In addition, the president of Coljuegos remarked the importance of playing via the authorized websites, which provides both Colombians and foreign citizens greater safety when placing their bets, as well as prize payment guarantees, a proper and safe management of personal and financial information, and problem gambling control through the implementation of individual limits. He also explained that they still rely on the aid of the Cybernetic Center of the National Police and the Ministry of Information Technology and Communications to manage the blocking of unauthorized websites and thus promote the incorporation of a larger number of legal operators.

"Online gambling regulations in Colombia allows those who meet the established financial, technical and legal requirements to enter the industry. Sportium Apuestas Colombia S.A.S. is a subsidiary of Sportium Apuestas Deportivas S.A., a Spanish company with 10 years of experience in sports betting which, in 2016, started its globalization in Latin America, with operations in Panama and in 2017 decided to arrive in Colombia, "explained Pérez Hidalgo.

In accordance with the latest statistics updated to February 2018, there is a total of 442,998 players registered in the different authorized online operators, of which 93.8% (415,512) correspond to active players. Within the first two months of 2018, online gambling licensing rights produced $ 2,791 million (almost USD 1 M).

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