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
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
Prompt Informational Support
We will be constantly in touch during the implementation of your gambling project. Feel free to ask any questions
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.
Colombian Gambling Laws
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.
Restricted Casino Providers in Colombia
The situation with legal iGaming entertainment in South America is slowly but steadily improving. Such destinations as Colombia are at the forefront of regulating highly demanded and innovative activities and creating favourable working conditions for managers and software vendors.
Standardised online gambling rulings form certain boundaries for some service providers, limiting their access to the Colombian market:
- ELK;
- Evolution Gaming;
- Greentube;
- Habanero systems;
- Nolimit City;
- Blueprint;
- Quickspin;
- Relax Gaming;
- Revolver Gaming;
- Skywindgroup;
- Spinmatic;
- Ezugi;
- BTG (Big Time Gaming);
- iSoftBet;
- Espresso Games;
- Lightning Box (Games Global (former Microgaming)).
Casino Market stays highly vigilant when it concerns monitoring the legality of our customers' operability. We supply only approved and licensed software from manufacturers who match the standards of Colombian iGaming regulations.
Our specialists track the slightest changes in vendors’ adjustment policies and inform about new market representatives if such appear on the radar. This guarantees up-to-date product obtainment and high levels of interest from the audience.
Order proficient assistance at Casino Market in software support, administrative systems configurations, payment methods elaboration, and many other possibilities.
Turnkey Casino in Colombia
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:
- 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.
- 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.
- 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.
- 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.
- 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.
- 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
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.
Reach out to our customers' support team to inquire about information on available solutions or specify order details.
Have questions or want to order services?
Contact our consultants:
- e-mail: manager@casino-market.com
- Skype: support.casinosupermarket
- feedback form.
Check the information used to contact us carefully. It is necessary for your safety.
Fraudsters can use contacts that look like ours to scam customers. Therefore, we ask you to enter only the addresses that are indicated on our official website.
Be careful! Our team is not responsible for the activities of persons using similar contact details.
