The president of Colombian gaming regulator Coljuegos, Juan Perez Hidalgo, has confirmed that Rush Street Interactive Colombia has been granted an online gaming licence to operate in the country. The newly formed subsidiary of Chicago-based Rush Street Interactive has paid circa $14.2m for licence which will run for five years and operate via the portal.  

According to Hidalgo, Colombia already has 10 operators active in the online gaming space. He noted: “Colombia is the first country in America to regulate this type of online gaming. There are already 10 websites that offer online betting in a legal manner. These companies certified the fulfillment of the financial, legal and technical requirements indicated, with which both the operators and Coljuegos guarantee that those Colombians and those who wish to bet with foreigners will be sure about their bets.”

He added the view that the entry of more online gaming operators will broaden the offer for bettors interested in novelty games, particularly at the beginning of the World Cup where the existence of 10 operators catering for different tastes and bets will generate a more competitive market. “At the same time, it ratifies the great interest of the private sector in the market of games of chance in the country,” he said. “We have worked as an entity to have a regulation that provides those who meet the established financial, technical and legal requirements, to open up opportunities in the industry.”

Rush Street Interactive Colombia is an online betting company domiciled in the United States, with an interest solely markets that are entirely regulated.