Gambling in Colombia Continues to Be Big Business
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Latin America is ripe for expanded gambling. Colombia has seen a massive growth of its gaming industry over the last year. According to Coljuegos, the country’s gaming regulator, gambling in Colombia was worth over $5 billion for the first six months of the year, which is a big business for ColjegOS.
Colombian gaming sector recorded $5.03 billion in the first six months of 2021. This is a 99.3% increase on the previous year. The iGaming segment recorded a 148% growth. The increase came from the cancellation of sports games. There was also an increase in RNG games (random number generator)
Gambling in Colombia is big business. Several companies have entered the scene over the past year. Coljuegos introduced new controls to combat match-fixing and illegal operators. Latin America is starting to take the subject seriously and introduce their own robust markets.
