Colombia's Gambling Market Continues to Grow Stronger

Author: Live Casino Direct
 
Colombia's Gambling Market Continues to Grow Stronger
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Colombia's gambling market is well-regulated and continues to grow. Colombia saw total gambling revenue of over $1 billion in September.

Colombia's gambling revenue topped $1.09 billion in September. Since the beginning of the year, the country's gaming revenue has surpassed $8.3 billion.

Colombia received $13 million in tax revenue for September. Since the beginning of the year, the country has received more than $132 billion in taxes. Online gambling is responsible for $33.88 billion of this amount.

Colombia's gambling market is growing. Sports betting is forecast to grow in Latin America. The LatAm market will grow to $3.4 billion by 2025. Online gambling will reach $59 billion in 2026.