Colombia issues more iGaming licenses

Columbian gaming regulator has issued two more iGaming licenses, making the number licensed online gaming websites to 12. The newly licensed companies are Alfabet SAS and Teclino SAS, who will provide the games on the websites www.betalfa.co and www.rivalo.co, respectively.

The license issued to Alfabet SAS is for 3 years and the contract estimate amounts to $ 2,103,843,000. The license given to Teclino SAS is also for three years, but the contract estimate amounts to $ 1,900,761,786.

“Colombia is the first country in America to regulate this online gambling modality. There are already 14 websites that offer online bets in a legal way: wplay.co, betplay.com.co, colbet.co, zamba.co, codere.com.co, mijugada.co, masgol.co, luckia.co, sportium.com.co, rushbet.co, aquijuego.co, apuestalo.co and now add betalfa.co and rivalo.co, “said Juan B. Pérez Hidalgo, president of Coljuegos.

He added: “More and more games operated by the Internet in Colombia, are consolidated as an activity of entertainment and technological reference, which has allowed national and foreign capitals have greater expectations about a market that provides a clear regulation and guarantees who meet the financial, technical and legal requirements open opportunities. This expands the portfolio of games, technologies, services and increases resources for the health of Colombians.”

Source: 5Star Media