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  Coljuegos was quoted for second time to respond for accusations 




Coljuegos was quoted for second time to respond for accusations
Publicado: 2016-11-18

Colombia. This Wednesday, November 16 2016 Coljuegos was quoted in the Third Committee of the House of Representatives to give answers on the alleged collection
that takes away Baloto to lotteries and chances.

 

In this regard, Perez said that Baloto does not take away that collection and that the contributions of these games to health must be maintained.

 

In regards to the correlation that Baloto has with the chance and the regional lotteries, the official assured that it does not exist, or at least to a great extent. "Even now, when very high prizes were accumulated,
in September Baloto accumulated $ 63,000 million, lottery and chance sales increased, this shows that there is no correlation, the profile of the player is different, the odds are different, To win the current Baloto, there is a chance in eight million,
while the chance is one in 10,000," he said.

Likewise, he indicated what Baloto does is to attract new players when the prizes accumulated are of bulky amounts.

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Coljuegos destroys more than 400 illegal machines and has 4,500 more ready. 

Coljuegos was quoted for second time to respond for accusations

In recent months, Coljuegos has dismantled illegal betting houses that would have stopped transferring nearly usd $20million annually in exploitation rights.

 

 

A total of 445 gambling elements such as slot machines, computer equipment, roulette wheels, televisions, among others, were destroyed by Coljuegos in the municipality of Itagüí, Antioquia. All these items were used in illegal gambling and were valued at nearly usd$500k.

 

 

We have another 4,600 illegal elements of games of luck and chance that will be destroyed in the coming days in municipalities such as Cali and Bucaramanga.”

 

 

Likewise, during the destruction of the items, $23,751,050 ( usd $4,500 )in coins and bills were found that were inside the electronic slot machines. These resources are constituted as a judicial deposit in the name of Coljuegos and may be transferred to health.






Rodrigo Pacheco announces senators to join the CPI sports betting commission. 

Coljuegos was quoted for second time to respond for accusations

Senator Rodrigo Pacheco (PSD-MG), president of the Senate, announced the senators appointed to join the Parliamentary Commission of Inquiry (CPI) on Sports Betting.

 

The CPI’s purpose is to investigate and clarify issues related to allegations and suspicions of match-fixing in Brazilian football.

 

The collegiate has scheduled its first session for Wednesday, where it will elect the president, vice-president and possibly the rapporteur. The complaints being investigated by the CPI cover players, managers, and betting companies. The creation of the CPI was announced on March 12.

 

Sports betting CPI: investigation and objectives

Senator Romário (PL-RJ) requested the CPI, which will have 11 full senators and 7 substitutes, lasting 180 days. In the application (RQS 158/2024), the senator emphasizes that sports betting represents a significant financial movement today.

 

 

It is important to highlight that football is a vital economic activity for the country. Thus, it generates tens of thousands of jobs and drives significant income generation. Therefore, it is the responsibility of the State to regulate and supervise its activities in favor of the public interest”, argues the senator.






Renowned Brazilian social media icons, Negrete and Ronald Lopes, are set to grace the BiS SiGma Americas event. 

Coljuegos was quoted for second time to respond for accusations

Hosted at the prestigious Transamerica Expo Centre in São Paulo, this two-day expo and conference marks a triumphant return after a successful inaugural launch last year. With renowned brazilian social media icons, Negrete and Ronald Lopes. Negrete, with a staggering four million Instagram followers, has captivated audiences with his comedic sports videos, particularly his uncanny player imitations, propelling him to social media superstardom.

 

 

Lopes’ impact on the industry is evident, as evidenced by his back-to-back wins for Best affiliate of the year at the Bis Awards in 2023 and Best affiliate influencer at the SiGma Awards 2023.

 

Originally aspiring to be a footballer, Negrete’s trajectory took an unexpected turn when he assumed the role of Pelé’s stunt double in an autobiographical movie about the football legend. Adding to his accolades, Negrete clinched the coveted Best Influencer 2024 award at the SiGma Eurasia Awards held in Dubai this February, further solidifying his status as a trailblazer in the influencer landscape.

 

Meanwhile, Ronald Lopes, a self-proclaimed financially retired iGaming luminary, is embarking on a mission to guide 300 Brazilians to multimillionaire status this year through the P4P market – an extraordinary journey he plans to share with delegates during the upcoming SiGma conference.

 

Lopes’ impact on the industry is evident, as evidenced by his back-to-back wins for Best affiliate of the year at the Bis Awards in 2023 and Best affiliate influencer at the SiGma Awards 2023.

 






Dominican Republic now rides the Online gambling with the publication of the regulation document. 

Coljuegos was quoted for second time to respond for accusations

The Ministry of Finance of the Dominican Republic has published a new resolution regulating casinos and online gambling authorization. The text establishes the requirements, administrative fees, and minimum criteria that operators must comply with to obtain a license.

 

 

Resolution 136-2024 regulates the authorization to operate the online modality of games of chance and sports betting and, as informed by the Dominican Government, such regulation will be supervised by the Directorate of Casinos and Games of Chance.

 

The publication states that the license for online casinos will be worth DOP 20,473,481 ($346,000), while that for sports betting will be DOP 15,355,111 ($260,000). A third license "for other online applications" is also indicated for DOP 10,236,740 ($173,000). Each license will be valid for five years and not transferable during the first three years.

 

Authorization of casinos and online gambling in the Dominican Republic has followed a diligent process that culminated on February 28, 2024, with the recommendation to the Minister of Finance by the Casino Commission, under the official letter DM-051-2024 signed by its president, for the issuance of the resolution that will set in motion the new regulated sector of Internet gaming and gambling in the country. 

 

The regulation contains 36 pages with seven chapters and 36 articles and was signed by Minister José Manuel Vicente.

 

 

Some of the provisions

The first chapter of the document includes a definition of each of the terms and words that characterize online gaming activity.

It also points out the requirements to be fulfilled to be an operator in the country (article 5) and details the Internal Control Procedures Manual, the requirements of the internet gaming platform, the administrative fees, and the operating conditions (article 8).

Likewise, the resolution covers all the pertinent parts of the authorization process to obtain the license, as well as operational and security aspects of the technological gaming and betting platforms, complying in Article 27 with the obligation of the operator to enforce a responsible gaming program, which includes a self-exclusion process.

 






Brazilian Ministry of Finance urged LOTERJ to cease the registration of lottery modalities. 

Coljuegos was quoted for second time to respond for accusations

The Brazilian Institute of Responsible Gaming (IBJR) issued a statement in response to the recent conflict between the Ministry of Finance and the Rio de Janeiro State Lottery (LOTERJ). The Ministry of Finance urged LOTERJ to cease the registration of lottery modalities operating agents that do not comply with the territorial restrictions established by federal legislation. LOTERJ, however, allows companies registered in Rio de Janeiro to operate throughout Brazil, violating federal regulations.

 

 

 

In addition, LOTERJ is applying tax values and rates different from those established by the Federal Government, raising concerns about a possible "tax war" between states and increasing legal uncertainty in the sector.

 

 

The IBJR has learned that LOTERJ has sent letters to companies requesting the immediate interruption of operations of platforms that are allegedly operating irregularly in Rio de Janeiro without a license granted by LOTERJ. Failure to comply with these requests has triggered the opening of administrative sanctioning processes, questioned by the IBJR.

 

This was answered by the Instituto Brasileiro de Jogo Responsável, IBJR after the provisional measure of sports betting

 

Although the states have the authority to operate lotteries as a public service, legislation on the subject remains the exclusive competence of the Union.

 

 

Therefore, the IBJR recalls that the Federal Law establishes that the Ministry of Finance will establish conditions and deadlines for the adaptation of companies to the provisions of the law.





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