Colombia – Coljuegos grants online betting and casino licence to FullretoBy Phil - 1 October 2019
The Vinnare SAS Group has been granted an online licence for its Fullreto brand from Colombia regulator Coljuegos for three years.
Fullreto takes the number of online operators in the country to 16. It will be able to offer bets on real sporting and non-sporting events, slot machines and games of chance, including roulette and black jack on its Fullreto portal.
President of Coljuegos, Juan Pérez Hidalgo, said: “According to the latest statistics, provided by operators as of August 31, 2019 there are about 2,630,000 active accounts registered among the different operators in Colombia, showing that the gambling sector is increasing. With this new online platform, the country is consolidating its position as a benchmark in terms of online games and national and international entrepreneurs who see in Colombia as a strong and reliable scenario to invest in this market.“
The Colombian online sector has been live for over three years. At the end of August 2019, Coljuegos had collected over 437.3m pesos in licence fees, of which internet-operated games contributed 9.8 per cent, more than 42.8m pesos.
“These funds are transferred to the health sector for the care of more than 47,000 people,” said Mr. Hidalgo.