Colombian gambling regulator Coljuegos has issued its latest igaming licence to operator fullreto.co, owned by Bogota-based Grupo Vinnare SA.
The operator becomes the 18th to receive authorization from Coljuegos to launch an online betting and gaming offer in the country, joining the likes of wplay.co, betplay.com.co, colbet.co, codere.com.co and rushbet.co.
Under the terms of the licensing agreement, fullreto.co will be able to offer its services for a three-year period, with the regulator expecting to collect US$653,000 in gaming duties from the operator.
According to Coljuegos, there are currently 2,630,000 active users across authorized igaming platforms, something the regulator believes “underlines the rise of Colombia as a fast-growing igaming market.”
The regulator added that the gaming sector had contributed more than US$123m in gaming duties so far this year, with igaming representing 9.8 per cent of the total. It also noted that these gaming duties have paid for the healthcare of 47,000 Colombians.