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Colombia’s Online Gambling Revenue Increases 63% in H1 2019

Published

6 years ago

August 6, 2019

Niji Narayan

Colombia’s Online Gambling Revenue Increases 63% in H1 2019

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Coljuegos, Colombia’s gambling regulatory body, has revealed that the state’s share in the online gambling revenue market has increased by 63% year-on-year in the six months ending June 30.

Online gambling now contributes 9.4% to the overall revenue of Coljuegos. The online “casino & bingo” segment form the largest contributor at COP186.3m.

In March, Coljuegos released an online map that allows users to identify legal gambling facilities in any city across Colombia. With the new map, gamblers and players can now have access to all relevant information including name, address, and corporate identification number, along with the expiration date of the license acquired by the venue operator.

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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.