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Why Is It Worth Opening an Online Casino in Colombia?

Licensing and licit activities

Loyal online gambling legislation

Wide demand for gaming services

Large selection of casino software

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Fast Licensing of Projects

We will help you prepare documentation and obtain a gaming license in the desired jurisdiction in the short term

Selection of Relevant Content

Our experts will advise you on the selection of gaming content that will meet the needs of your potential customers

Software from the Best Vendors

Casino Market cooperates with world-renowned, time-tested suppliers having extensive experience in Asian countries

Prompt Informational Support

We will be constantly in touch during the implementation of your gambling project. Feel free to ask any questions

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 1. Colombian Gambling Laws

 2. Turnkey Casino in Colombia

 3. The Main Things about the Internet Gambling Business in Colombia

Buy an Online Casino in Colombia for an Effective Start of a Business in Latin America

The massive amusement sphere in Colombia has been considered the most progressive in Latin America for years. When the local government has finally established regulatory standards for web gaming in 2016, the area became even more sophisticated in comparison to the bordering states.

Casino Market wants to introduce to you the peculiarities of the online gambling business in Colombia. Since the implementation of the legislation, a lot has changed in the industry. If you are studying the ways to open a casino in Colombia, keep on reading to find out the most efficient way to establishing a profitable gaming portal.

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Colombian Gambling Laws

Colombian gambling laws: statutory provisions

The modern era of the regional iGaming industry began in 2016. The regulator Coljuegos was established to act according to the Monopolio Rentístico JSA. This set of Colombian gambling laws indicates that all income the ministry receives from online gaming venues is direct for social needs. In this case, to the healthcare sphere.

The main statutory provisions of the local iGaming segment:

The legality-certification document

As reported by Colombian gambling laws, instead of licences, the regulatory body issues a special agreement between an operator and the government called Concession

Controlling act

Ley 643 de 2001 and its modern amendment of 2016 installed the monopoly for iGaming amusement by the regulator Coljuegos

Taxation system

All administrators who want to receive local working permits have to comply with the general fees of 17% of the GGR as well as subsequent 15% on launching new games with the RTP at least 83%

Operating environment

All managers who want to buy an online casino in Colombia are obliged to make the first language of their sites Spanish plus any auxiliary as per their needs

Payment gateways

Official ways of depositing and withdrawing installed by Coljuegos are such internet services as Visa, Skrill, MasterCard, Paysafecard, PayPay, Trustly, and Money Matrix

Illegal operation fines

As soon as the cybersecurity of the country detects an unlawful gaming establishment, they immediately block the site, restrict any of its operations for 5 years, and impose fines, according to the severity of the violation

Punishment for players

No visitors of illegal platforms are influenced in Colombia, since they bear all responsibility for their finances and the risk of being deceived by the service provider

The established regulations in the country provide the possibility to receive a legal working permit. Casino Market offers professional aid in obtaining the cherished document for your web gambling business in Colombia. Contact our customer support for any details about this and any other services as well as potential cooperation.

Turnkey Casino in Colombia

Turnkey casino in Colombia: benefits

The issue about the legality of the project in the country has been cleared out. In order to launch a web casino or to open an online betting portal in Colombia, an administrator still has to complete a lot of tasks besides receiving a permit. The setup process may be particularly complicated for novice entrepreneurs with no experience in the industry.

Casino Market proposes the simplification of the organisation through a favourable solution — a turnkey casino in Colombia:

  1. The best experts of our company will take on all bureaucratic responsibilities of the licensing issue. The legal advisors will file an application for the most suitable jurisdiction for your project if Colombia’s regulations do not suit your business strategy.
  2. Our web designers will prepare a functional site by shaping up perfect entertainment conditions for players. It will consider all peculiarities of the audiences from Bogotá, Medellín, Cali, and more regions. Reliable services and fail-safe hosting is assured.
  3. The gambling software in Colombia is abundant on the market. There are numerous world-recognised vendors, providing their products for operators. Microgaming, Greentube, Amatic, NetEnt, Novomatic, EGT are the most demanded and reliable vendors. Casino Market collaborates with them to ensure maximum efficiency for our clients.
  4. The online gambling business in Colombia also requires managerial support. Our company integrates all the necessary analytical instruments for monitoring player activity. Report-generating tools, payment gateways, security networks are also included in the standard order.
  5. Casino Market helps in hiring additional personnel for customer’s requests. If the scale of the gaming site is not big, a single operator is capable of coping with all tasks individually. Otherwise, it is reasonable to recruit a few managers and tech support representatives to ensure visitors receive the best aid in case of emergencies.
  6. As an additional service for the turnkey casino in Colombia, we propose the elaboration of a marketing plan. The popularity of a gaming establishment directly impacts the projected revenue of the portal. So, ensuring maximum awareness through available promotional means is obligatory. And with proficient assistance, reaching increased acquisition levels is only a matter of time.

Even though it is possible to complete all these steps individually, a turnkey casino in Colombia from our company guarantees decreased expenses and a shortened organisational period.

Cooperation with Casino Market ensures:

  • a quick entrance to the Colombian market;
  • a stable influx of new players and working methods of retaining established punters;
  • latest additions of gaming casino software in Colombia;
  • quick pay off period (just 3–6 months) from the launch to first net income;
  • customised designs of logo, branding, and the embellishment of the portal itself;
  • convenient management environment with the finest CRM system;
  • the possibility to organise cooperation on White Label or franchising terms.

Regardless of whether you are a successful entrepreneur with numerous gaming sites in different localities or a beginning operator, you can buy an online casino in Colombia from our company without the fear of any risks or failures.

The Main Things about the Internet Gambling Business in Colombia

Gambling business in Colombia: peculiarities

According to governmental statistics, in 2017, the total revenue earned from the newly established iGaming industry in the country equalled almost $7 billion. The profit continued to grow afterwards. In 2020, the influence of the Coronavirus pandemic and global lockdown increased operators’ revenue even more. So, the prospects for the high benefit of the gaming industry in Colombia are extremely positive.

If you are planning to join the sector in the nearest future, keep in mind the key peculiarities of the local market:

  • the country’s regulative body Coljuegos accepts applications for granting official gaming permits on the premises;
  • it is still possible to apply for an operating permit in other jurisdictions if the local working conditions seem better for your project elsewhere;
  • the marketing of casino software in Colombia is vast and versatile, hosting such top-renowned manufacturers as EGT, Amatic, Microgaming, NetEnt, Novomatic;
  • the possibility to order professional casino elaboration from an experienced aggregator simplifies the organisational process and saves a lot of resources for an administrator.

Casino Market has been working on the iGaming market of Colombia for years. We have established dozens of successful projects with slots, poker, bingo, sweepstakes venues, and bookmakers’ entertainment.

Our services include the advancement of live casinos and Bitcoin-based platforms. If our clients require hardware for their establishment, we also have a huge assortment of the necessary assets.

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