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Betfair granted license to operate in Colombia

betfair-granted-license-to-operate-in-colombia

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he president of Colombian regulator Coljuegos, César Augusto Valencia Galiano, announced on Thursday an agreement with Betfair Colombia, under which the operator has been authorized to offer odds on real sporting and non-sporting events, as well as slot, roulette, and blackjack gaming.

In September 2021, it will be five years and four months since the local gambling regulator started authorizing third-party operators to offer online gaming within the Colombian territory. Valencia Galiano pointed out that the granting of the 17th online license is proof that the gambling industry has been consolidated as an appealing market for the local economy. The platforms have 3.8 million registered players in the nation.

The president of Coljuegos also highlighted the importance of playing through authorized platforms that allow Colombians to gamble in a safe manner. Revenue from taxes and license fees is used to fund the country’s healthcare system.

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