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Decree 2106 from 2019, and that simplistic the brand new political procedures, provided Post 56. Alterations in the location of the doing work area might also want to have past acceptance and you can meet up with the standards founded from the betting legislation. By 16 October 2024, the fresh operator have to follow the newest responsible gambling standards and you will legislation. On the web betting controls cannot establish a finite quantity of licences, nor a particular period if licences arrive. In the case of pony-race betting, after the particular legislation, the brand new concession might possibly be to possess 10 years. To own AML, the modern legislation are essential to switch to help you upgrade AML preventions according to GAFI advice plus range that have what’s needed for financial entities inside Colombia.
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The fresh control from adverts within the playing drops inside the remit out of Congress, as stated in the Post 333 of one’s Structure. It’s contended you to Coljuegos’ solution encroaches on vitality arranged to your legislature. Headlines always supplement the brand new Colombian on the internet gambling field, and you may rightfully very. The brand new projected turnover to have 2024 is USD9.9 billion, with a terrible gaming cash (GGR) away from USD650 million and you can betting requirements near USD71 million. However, indeed there stays a risk you to gambling on line inside the Colombia would be subject to VAT in the 2025.