ewgioco Group announced Tuesday that its wholly-owned subsidiary Virtual Generation Limited (VG) became the first certified provider of online virtual games in Colombia.
Colombia's national gaming authority Coljuegos has approved the use of VG products for online distribution through PC, tablet and mobile applications. This authorization allows VG’s partner operators including the previously announced agreement with aquijuego.co to begin offering virtual games online throughout Colombia effective immediately.
Newgioco’s newly formed team in Colombia was able to stay on schedule to accomplish this objective during difficult work from home restrictions. VG’s products offer high-definition pre-recorded real sports events built on its cost-effective betting engine.
“Colombia remains at the forefront of online i-gaming and sports betting regulation in Latin American countries. Reaching this regulatory accomplishment in such a short period of time is made even more rewarding considering the ongoing logistical challenges due to the global health and economic crisis,” stated Michele Ciavarella, Newgioco Chief Executive Officer.
“The temporary suspension of live sports has drawn appeal and captivation with the unique features virtual gaming and esports. Virtual sports impart characteristics of live competitions and bring the sensations and emotions that would be experienced in live events down to the most minute detail. We continue to strive to provide entertaining, feature-rich products and caring customer service during this sensitive time and are very proud of all of our teams accomplishments,” Ciavarella concluded.