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Decree 2106 away from 2019, which simplified the fresh political procedures, provided Article 56. Changes in the spot of one’s functioning room must also has prior approval and you may meet up with the standards founded by gaming laws. Since 16 Oct 2024, the brand new driver need conform to the newest in control gaming criteria and you may laws. On line betting controls cannot specify a limited number of licences, nor a specific period in the event the licences appear. When it comes to horse-race playing, pursuing the particular laws and regulations, the newest concession might possibly be to own 10 years. To own AML, the present day laws and regulations are needed to improve to help you modify AML preventions prior to GAFI guidance and in line that have certain requirements to own monetary organizations inside the Colombia.
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The newest control away from adverts within the betting drops inside the remit away from Congress, as stated within the Article 333 of your own Structure. It’s contended you to definitely Coljuegos’ solution encroaches up on powers arranged to your legislature. Headlines still praise the brand new Colombian on the web gambling business, and you may rightfully thus. The brand new projected return to possess 2024 is actually USD9.9 billion, having a terrible playing cash (GGR) from USD650 million and you can gaming requirements close USD71 million. However, indeed there stays a risk you to online gambling inside the Colombia was at the mercy of VAT inside 2025.