Gambling regulation
Gambling in the country:
Licensing
Local License:
Coljuegos
Population growth:
Internet users:
Urbanization:
Population - 82.4%
Urbanization - 1.01%
Languages in the country:
Spanish - 98.9%.
Root - 1%
Portuguese - 0.1%
Age structure:
0-14 years - 22.3%
15-64 years old - 66.5%
65 years and older - 11.2%.
Middle age:
Total - 32.7
Men - 31.5
Women - 34
Literacy:
Total - 95.6%
Men - 95.4%
Women - 95.9%
Real GDP:
2021 - $906.034 billion.
2022 - $972.073 billion.
2023 - $978.007 billion.
Real GDP growth:
2021 - 10.8%.
2022 - 7.29%.
2023 - 0.61%.
GDP per capita:
2021 - $17,700
2022 - $18,800
2023 - $18,700
Top brands in the country
Top 20 iGaming Brands (November 2024)
(search volume in parentheses)
Top payment systems
Top Payment Methods (October 2024):
Слоты по доли рынка
Top Slots
Top 3 favorite topics in slots (March 2024):
The best game manufacturers (March 2024):
Affiliates receiving traffic
About blocking and liability
Medium
Legislation:
Coljuegos actively regulates advertising and marketing by setting limits and requirements for advertising
The activity of the authorities:
High
Risk of harassment of non-residents:
Low
The risk in entering the country:
Low
Risk of extradition to the country:
Low
Precedents (against non-residents):
Yes (regulatory measures and interlocks)
Comment on the level of risk:
Colombia is one of the most regulated markets in Latin America; Coljuegos strictly controls marketing and advertising budgets. Foreign partners should comply with Coljuegos regulations and avoid promoting unlicensed operators. The risk of extradition to the country is low and inquiries are rare.
Blask.com data - index and top brands
Indicates the aggregate level of engagement and interest in all brands in a country. This indicator serves as a barometer for the iGaming industry and combines various indicators to give an overview of trends and changes in the market.
Top brands in the country according to the Blask.com service
| BetPlay | 68.3% |
| Rushbet | 14.35% |
| Wplay | 8.83% |
| YaJuego | 1.69% |
| Betsson | 1.08% |
*BAP (Brand's Accumulated Power) - accumulated brand power, reflects the brand's share of consumer interest in the online gambling market. The relative presence of a brand in a country. The BAP graph is presented below:
Data for the section is provided by the analytical service Blask.com.. At the moment, the service's database contains information on more than 80+ countries and more than 2500 brands.
Gambling in the country
The national government had earlier proposed a new VAT of 19% for online gambling operators, and as of today (November 2024) it is known that the bill has been approved. This will be a heavy burden for operators as they already pay 20% on healthcare and 15-17% on gross gaming revenue (GGR).
It is predicted that players' income will drop from around 93% to 71-75%, which is likely to force them to turn to illegal platforms that are not subject to taxation. As a result, this will lead to an overall decline in the sector's revenue, not to mention that such changes could scare away foreign investors.
Over the past year, the country's authorities have blocked over 5,000 illegal gambling sites, and given future conditions, the shadow market will obviously continue to grow.
Gambling regulation
Gambling in the country:
Licensing
Local License:
Coljuegos
About the population of the country
Official Language:
Spanish
Believers:
82 %
Second Religion:
Basic information about the country
Name of country:
Colombia
Code (2-digit):
CO
Continent:
South America
Capital:
Bogotá
Area of the country:
1,138,910 square kilometers.
Phone Code:
57
Currency (currency code):
Colombian peso (COP)
Geographical features of the country
Department (32): Amazonas, Antioquia, Arauca, Archipelago San Andrés, Atlántico, Bolívar, Boyaca, Valle del Cauca, Vaupés, Vichada, Guaviare, Guainia, Guajira, Caquetá, Caldas, Casanare, Cauca, Quindio, Cordoba, Cundinamarca, Magdalena, Meta, Nariño, Norte de Santander, Putumayo, Risaralda, Santander, César, Sucre, Tolima, Huila, Choco.
Capital District: Santa Fe de Bogota.
The modern territory of the country was partially or completely occupied by the states: Inca Empire, Spanish Empire, Great Columbia, New Granada.
Colombia is washed by seas: Caribbean Sea.
Columbia has access to the lakes: Pajaral, Sarate, Tota, Massi.
There are rivers running through the area: Amazon, Orinoco, Rio Negro, Japura, Putumayo, Magdalena, Guaviare, Cauca, Arauca, Meta.
Colombia owns the islands: Margarita, Gorgon, Tierra Bomba.
Mountains within the country: Cristobal Colon, Ritacuba Blanco, Ruiz, Nevado del Huila, Nevado del Ruiz, Tolima, Concavo, Quindio, Santa Isabel, Purase, Pan de Azucar, Galeras, Tatama, El Nevado, Saliente del Rio Guape, El Viejo, Farallones de Cali, Farallones de Sitara, Patascoi, Bordencillo and others.
Volcanoes are present in the area: Nevado del Huila, Nevado del Ruiz, Galeras.
Famous caves in the country: Ermosura.
Discussions on country characteristics
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