β—† iGaming Market

πŸ‡¨πŸ‡΄ Colombia

Regulated Β· LATAM Benchmark Regulator: Coljuegos β†—

Colombia holds the most mature iGaming market in Latin America. Coljuegos has regulated the sector since 2016 and has issued over 20 online gambling licenses to international operators such as Betplay, Codere, Rivalo, and others.

Coljuegos License Requirements

  • Company incorporated in Colombia (S.A.S. or S.A.)
  • Minimum paid-up capital of COP 1.500M (~$350K USD)
  • Certified technological platform integrated with Coljuegos systems
  • Responsible gaming policy tailored to the Colombian market
  • License fees: fixed fee + variable consideration (17% of GGR)

Why Colombia First

For operators looking to enter LATAM, Colombia is the most predictable entry point: stable regulation since 2016, an operator-friendly environment, a growing player base, and a benchmark for future regional expansion.

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