Colombia

Colombia has historically not been the go-to place for casino enthusiasts and operators, thanks to the country’s tryst with terrorism, drug violence and civil war in the past. However, things are getting better and the country has been witnessing good economic growth in the past few years. The government of Colombia takes a lot more interest in gambling than most other countries in the world. It, in fact, declared all casino games as state monopoly, which means revenues generated from games of chance would get relegated for social causes.

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2001 Gambling Act

According to the 2001 Gambling Act, the government of Colombia conducts games such as bingo, physical casinos, sports betting, and also certain variants of betting and online lotteries such as lotto and keno. And out of the 32 Colombian departments, 15 have their territorial lottery setups. As far as online casinos are concerned, the regulations are not sufficient and updated.

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