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Colombia offers online gambling license to Megapuesta

Published

6 years ago

October 17, 2018

Niji Narayan

Colombia offers online gambling license to Megapuesta

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Colombia has authorised to Servicios Distrired SAS, a Medellin-based group company, by issuing its 16th online gambling license. The company will offer the bets through the Megapuesta.co domain.

Coljuegos president Juan Pérez Hidalgo celebrated the regulator’s latest licensee, noting that the country’s licensed online gambling operators had generated revenue of nearly COP23b (US$7.4m) for the government in the first nine months of 2018. Hidalgo said this sum would help underwrite health care services for around 29,000 local residents.

Hidalgo added that they already have over 1.5m registered customers. He warned the online gambling operators who cater to the Colombian market without acquiring a Colombian license they could face significant financial penalties and up to eight years of imprisonment.

In 2016, Colombia became the first South American country to license online gambling, and Coljuegos issued its first online gambling license the following year. Hidalgo previously suggested that Coljuegos would issue 17 licenses before 2018 was in the books.

Source: CalvinAyre

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.