Tag Archives: Colombia

The office of Colombian President Gustavo Petro has announced the appointment of Marco Emilio Hincapié Ramírez as the new President of Coljuegos – Colombia’s National Gambling Authority.  The appointment was confirmed via a decree published by the governing Colombia Humana Party, nominating new executive governors to lead government agencies. The former General Manager of the Bogota Lottery, Hincapié Ramírez is …

Roger Carrillo Ocampo has officially resigned as President of Coljuegos, the gambling authority of Colombia.  Carrillo Ocampo was among senior civil service officials to reject President Gustavo Petro’s plans to overhaul Colombia’s public healthcare system, which remains stuck in Congress. A Conservative Party member and experienced administrator, Carrillo Ocampo was appointed by the Ministry of Finance to serve as President …

The World Cup is always one of the most popular events in the sporting calendar – and in some countries this popularity is particularly evident in the number of bets placed throughout the tournament.  But does this popularity translate into betting volume, when the country in question doesn’t qualify? In Colombia, the answer is a firm yes.  Last year’s World …

The government of Colombia has appointed Roger Carrillo Campo as new President of national gambling authority Coljuegos.  The appointment was confirmed by the Ministry of Finance, which oversees Coljuegos’ management and oversight of both online anad land-based gaming in Colombia. A qualified economist from Universidad Autonoma de Colombia (UAC), Carrillo Campo has held senior civil service positions within the Bogota …

Codere Online has announced that Moshe Edree has chosen to step down as CEO of the Global Nasdaq Spanish online gambling group.  The disclosure follows Codere Online announcing its Q4 results, which saw the company complete its first full-year trading as a Global Nasdaq business.  A ‘better than expected’ Q4 trading period saw Codere Online generate period revenues of €34m, …

FIFA’s Qatar World Cup will significantly increase sports betting revenue in Colombia, according to a new report from El Tiempo. The tournament is not only bolstering the number of daily bets but also the average spend per transaction. César Augusto Valencia, President of regulator Coljuegos, explained that November and December will experience a growth “driven by sports betting”, which normally …

Speaking ahead of a panel at next week’s SBC Summit Latinoamérica, Kambi Sales Director Juan Barrachina shares his view of the opening LatAm sports betting and igaming market and the need for operators to launch a deep, high-performing offer there. SBC: Could you begin by telling us about Kambi’s work in and plans for Latin American markets? JB:  The momentum …

Betsson AB has expanded its technology partnership with Gaming Innovation Group (GiG), which will serve as the lead platform provider for its burgeoning Colombian business.  In the summer of 2020, Betsson entered Colombia’s regulated online gambling marketplace, acquiring a 70% stake in market-leading sportsbook operator ColBet – an asset subsequently rebranded to Betsson.co.  GiG has supported Betsson’s Colombian market expansion, …

Gaming Innovation Group (GiG) has inked an additional agreement with an unnamed existing partner, via its subsidiary Sportnco Gaming, to provide its sportsbook in Colombia.  Alongside its sportsbook launch, GiG’s player account management (PAM) will also be launched in Colombia, making it the third regulated market that provides both software and services to the client.  Hervé Schlosser, Managing Director of …

Colombia’s gaming regulator Coljuegos has shared the financial figures for the first quarter of 2022, a period in which the local industry saw record revenues of $44.1m, or a 17% increase when compared to the previous year. According to the President of Coljuegos, César Augusto Valencia, casinos and bingo halls contributed $19.4m, while online gambling was responsible for $12.9m of …