Colombia regulatory & commercial facts
Players 18-65 years
Gaming Tax
Expenditure Increase
Q1 2019


  • Colombia was the first regulated I-gaming market within LATAM, adopting an open-license, European styled regulatory regime.
  • One license covers all authorized verticals.
  • License costs for Operators are steep and regulation tailored towards more established operators, with both fixed and variable regulatory fees, yet the market is a lucrative one.
  • Gaming tax is 15% of GGR whilst RTP is 83%
  • The gambling population prefers a cash based, assisted betting system whereby payments are made through land-based shops. Wide reaching networks of this type already exist in Colombia.
  • The best point of entry to the market is via a sports-book product offering (this can be said of LATAM in general).
  • One domain is permitted per license. White-label arrangements are prohibited.
  • Percentage of population that plays/bets: 55% (online and land- based).
  • Turnover of online games specifically in Jan-Feb 2020 was 261 Million Eur.
    • 190 Million Eur from sports book and 71 Million Eur from casino
    • 24 million Eur from sports book
    • 2.6 Million Eur from casino
  • 3 strongest operators:
    • 41% W play
    • 40% Bet play

Colombia began its activity in the world of online gambling in 2017 and closed the year with a turnover of $60 million, 2018 closed with $555 million and the first quarter of 2019 reached $600 million with an annual closure of $1.4BN.

The projection is of an exponential growth that will reach a turnover of about 6 billion United States Dollars in the next 4 years.

The following games are permitted:

  • Poker
  • Black-jack
  • Bingo
  • Roulette
  • Baccarat
  • Slot machines
  • Virtual games
  • Sports related real events: sports betting, e-sports
  • Non-sports related real events
  • Live Casino
Facts - Igaming Colombia