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 Fantasy sports and eSports gambling games in Colombia, will born soon !




Fantasy sports and eSports gambling games in Colombia, will born soon !
Published: 2019-10-03

Coljuegos recently published on its website a letter where they give answer to a request to conduct a feasibility study of Fantasy and E-Sports gambling games under current regulations.

 

The entity carried out this legal and technical feasibility analysis to determine if the operation of the Fantasy and E-Sports games conforms to the current offer of the regulation of internet-operated games established in the Agreements 04 of May 24, 2016, modified by Agreement 02 of May 28, 2019.

In this document, Coljuegos explains that in E-Sports, the player bets against the game operator, obtaining the right to the prize in the case of guessing the forecast on which he bets and being the prize the result of multiplying the value of the bet, for the coefficient that the operator has previously validated for the forecast made, that is to say “bets of counterpart and cross or exchange bet”, which are defined in Article 3 of Agreement 04 of 2016

 

  


On the other hand, Fantasy games, unlike E-Sports, is a competition game between players, who must form their own team individually by choosing real athletes or athletes of any team sport, who play in a championship, tournament, cup, league or season. Here the player must pay an inscription to enter the competition with his team, and this inscription that must have a fixed value will be the bet issued in order to participate.

  


In addition, in this game you do not bet on the final result of a team (win, lose or draw), you bet on the real and individual performance of the athletes or athletes chosen in the matches that are part of the Fantasy event, which will be scored positive or negatively, according to the rules established by the operator, the winner will have the highest score at the end of the event.

Thus, and according to the analysis set forth in the document, Coljuegos considers the operation of the E-Sports and Fantasy games viable within the current offer of the game stipulated in Agreement 04 of 2016, modified by Agreement 02 of 2019.

Finally, it should be noted that as in the other games of the online offer, operators must certify before any of the laboratories accredited by Coljuegos, the functionality, safety and integration into their respective technical system of these games in the light of what that the entity establishes. In addition, the regulator stipulates in this document that the sending and reporting of the data will be done following the data model and provisions required by Coljuegos in the technical documents that are part of the regulation of the novel type games operated by the internet

Finally, we leave at your disposal the complete document in SPANISH.















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It only starts from scratch once 

Fantasy sports and eSports gambling games in Colombia, will born soon !

It only starts from scratch once

 

 

I am heartily glad to be sharing with all of you after these crazy months that we have lived, added to what the quarantine left us, this year brought us the shortage of raw materials; if we look ahead, next year, it might not look so good.

 

But here we are, we have been able to get ahead with our demons and angels, with our laughter and sorrows, with our ups and downs, with our reality!

 

It is what it is... and that's where we start from; We go wherever we want, towards a new project, towards a new life, towards a new adventure, towards our interior, towards improving what we have, towards being interested in others and their feelings.

 

When we stop along the way and embody our present, we take control of our future, based on the fact that it only starts from scratch once.

 

It only starts from scratch once, whoever has fallen and gets up knows what to do to avoid the next one; Those who want to change their destiny know which course to take so as not to continue on the same path. Those who have made a mistake know that by this simple fact their humanity has been revealed, which makes them equal to others and therefore full of opportunities, after everything, we are where we are because of our experiences, it only starts from scratch once.

 

We can no longer start from scratch, we lead lives becoming what we are today, a constant change, that is the universe and it is the duty of everything, the fear of change will come and test everything we have lived, moving us away from comfort from routine and facing the uncertain and then at that moment we would like to take refuge in the past that was better, but it only starts from scratch once, let life surprise us, we have the baggage.

 

When we stop along the way and embody our present, we take control of our future, based on the fact that it only starts from scratch once. After all, who wants to suffer again for the past if it no longer exists and knows what to do to avoid falling into the same thing?

 

If the only thing we have is our experience and the present moment, then we are rich! Rich in knowledge to modify what does not make us happy, we have the gift of making magic and bringing to our present what we choose and accepting what is as it is, with the understanding that we can change a lot when we start that change from ourselves.

 

I bring these lines from a very good friend who shared them with me and I leave them here so that they accompany us during part of our passage through this life:

 

"When you can't change something, change yourself.

When you can't choose, choose yourself

When you can't believe in anything, believe in yourself” … ¡ALWAYS!

 

It's always a good time to continue, not to start, because you only start from scratch once.



It is not a different Christmas ... We are the ones who have Changed 

Fantasy sports and eSports gambling games in Colombia, will born soon !

Merry Christmas 2020 ... how quickly it’s pronounced, and what a tremendous learning these fourteen letters and four numbers enclose for each of us ...

 

Yes, we have changed, we now appreciate the value of being alive

Yes, we have changed, we now appreciate the value of small

Yes, we have changed, we now appreciate not receiving and we do not worry about "giving"

Yes, we have changed, we now appreciate the pricelessness of a hug

Yes, we have changed, we now appreciate not giving value to the material more than to ourselves

 

Yes, we have changed, we now appreciate the blessing of the Universe to walk under the moon and take the time to feel the rain on our face

 

Yes, we have changed, we appreciate now that the rush is only ours, two planets aligned, without any effort ... just in time

 

Yes, we have changed, we now appreciate every moment that we share with those who are no longer present.

 

Yes, we have changed, we now appreciate the teaching of who left and whose departure left us a huge space to fill with millions of Thanks!

 

Yes, we have changed, we now appreciate each situation to be solved, which before we called "Problem"

 

Yes, we have changed, we now appreciate each teaching that is manifested to us from the hand of the present

 

Yes, we have changed, we now appreciate that we are rulers of our destiny and that no matter what happens, everything comes to its time: Not before, not after

 

Yes, we have changed, we now appreciate those who have always been there and have helped us without waiting for business

 

Yes, we have changed, we now appreciate the greeting of someone who, after a piece of cloth, gives us a smile and reminds us that it was always the best gift

 

Yes, we have changed, we now appreciate that Christmas has always been with us and we can celebrate it regardless of the date, at the end of the day it is an inner state not a fashion

 

Yes, we have changed, we now appreciate that we are all the same ...

 

Yes, we have changed, we now appreciate the hubbub that confirms that life is imposed once again

 

Yes, we have changed, we appreciate the present that it is now ...

 

 

German +



Coljuegos: tax returns efficiency supports governance of the market 

Fantasy sports and eSports gambling games in Colombia, will born soon !

Coljuegos, Colombia’s national gambling regulator, revealed that gambling industry’s tax returns effiency amounted to $201944 USD last year, with a portion of the money set to be disbursed to the country national health service.

 

 

 

Last year’s figure represents about 16 percent rise over and above the $164839 USD tax returns efficiency in 2018.

 

A breakdown of revenues shows that local bingos and gambling halls generate close to 57 percent of last year’s returns, which is more than the $873268 USD mark collected for the health services since it became operational 8 years ago.

 

 

 

Online gambling tax revenues went up 81 percent, which represents a 10 percent in overall income.

 

While updating stakeholders, Juan Perez Hidalgo, the President at Coljuegos, stated the industry’s improved revenues and tax returns efficiency supported governance of the market.

 

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End of the year - the important thing- 

Fantasy sports and eSports gambling games in Colombia, will born soon !

In my time in this life I become increasingly convinced that the best gift is to serve and receive every action from the heart, at the end of the day what we receive is proportional to what we give.

  

There are few occasions when we inadvertently let custom impose itself on feeling, which sends the wrong message for not being honest and not expressing how we feel in an open way.

  

"It is author and is brought from far away, be very careful when you open it you can break it ... it's what hmm the kid gives him this year," the voice on the other side of the phone said with some anguish in a conversation I had yesterday about a gift I had been given.

  

To be honest I had to look for the answer very in the background and I could understand that the pressure of these dates made the Value of the Object prevail over the action itself; which gave rise to him sharing with you - who are from the house - this anecdote and from which I give some points:

  

  • Remember that others are a mirror where we surely see our own proceeding (clearly that's why I paid more attention to value, than to the action itself)
  • Let us thank the Universe for allowing us to be accounted for by other beings to pay homage to us, and whatever the present is, we must accept it from the heart.
  • Let us not try to see a background to a good deed, after all it is that: an action, and we are the ones who label it as good or bad as it suits us best.
  • Let's be honest with us themselves and express our feeling sendeanty in an open way, without bluntness without explanation, not everything has a why ... it just happens and that's it!

  

Over the years I have begun to understand that what is inside does not compare to what can be seen, and that the forms deceive but the essence does not.

  

It may not be the most convenient, but I liked to post this message and I hope that from it, you can take teaching, today I learned something too :

  

Reason See what's best for you,pride gagous, Heart See the important

  

On behalf of the entire Mundo Video Corp team and on my own, in this and as at any time of the year, I thank you for trusting us from the heart.

 

Happy Life!

 

German +

 



This is how the collection of operating rights to localized 

Fantasy sports and eSports gambling games in Colombia, will born soon !

Decree 2106 of 2019. The congress of the public republic on November 22, decree 2106 of 2019 through which I grant the National Government extraordinary powers to simplify or suppress or reform unnecessary procedures, processes and procedures that existed in the public administration.

 


Article 51
should be studied very thoroughly that although it does not talk about localized games, it deals with the provisional liquidation, which experts say may later be counterproductive for the gambling industry. Coljuegos is not given a deadline to issue the conditions for the suggested liquidation, which will aggravate the crisis in the sector and does not reveal in the short term an application of the PND.

In such a way, and specifying the gambling industry, these are the points that interest the aforementioned act, where there is also talk about independent betting placers:

ARTICLE 55: regime of the setter, destination of the parafiscal contribution of art. 56 law 643 of 2001 and registration The special regime of permanent bettors is maintained as enshrined in Law 50 of 1990 and the parafiscal contribution of art. 56 of Law 643 of 2001, which will be used to cover the old-age protection of independent underwriters through the creation of an individual Periodic Economic Benefits-Beps account.

Therefore, the concessionaire must consign Colpensiones in the individual account of the independent underwriter the 1% that retains it from its sale, and 3% of the exploitation rights generated by that sale.

However, placers who earn more than a monthly legal minimum wage are not accepted in Beps, in this case, they must be in the contributory regime of the social security system.

Now for Localized Games, this is the decree:

 


ARTICLE 56: liquidation of elements of gambling (located/ Slots)
For this article the decree establishes that the operators of gambling establishments must make the declaration, liquidation and payment of the monthly exploitation rights in the terms provided in article 59 of the PND.

However, it also establishes that if any authorized element (Slots) does not meet at least one of the conditions provided for in the same article, this element must be declared, settled and paid individually with the rates previously stipulated, that is, the provided in article 34 of Law 643 of 2001.

 


On the other hand, the suggested settlements that show negative values ​​will be equal to zero, that is to say that there will be no balances in favor of the operators for liquidation of exploitation rights for the following month.

However, the decree in question also refers to permanent bets, which are explained below:

ARTICLE 57: Express revocation of the advance. The advance conceived as an accelerated mechanism for payment of exploitation rights described in article 23 of Law 643 of 2001 ceases to apply. The exploitation rights (12% of your gross income) will be settled due month as it happens in all the modalities of game.

 


Next the complete document in spanish


































































































































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