Click here for english version

  What has Coljuegos achieve as gambling regulator during the pandemic 




What has Coljuegos achieve as gambling regulator during the pandemic
Publicado: 2020-07-28

When it comes to the relationship between businesses and regulators, it is crucial to maintain an open dialogue. The communication between operators, suppliers, and the authorities there have been refreshingly fluent, and the result is the open and competitive environment we now see.


Coljuegos’ agile response to the COVID-19 outbreak has moved to regulate products such as virtual sports to help the industry continue to drive revenue even amid the disruption to live sport.

The body continued to regulate online gambling products even amid the coronavirus crisis, with a framework now in place for scratch cards, bingo and live casino.

The move allowed the industry to continue driving revenue for the national economy at the time when it was most urgently required. In South America there are not too many regulated jurisdictions and it was the right step to bring a growing market under a regulatory regime and they found the best way to blend a healthy taxation rate with room for growth, so all parties, including the government, share in the success.

 

Como te pareció este material?
¿Cómo te pareció esta noticia?

me encanto el articulo de Mundo Video

0%

Me encanto

me gusto el articulo de Mundo Video

100%

Me gustó

no me gusto el articulo de Mundo Video

0%

No me gustó

punto de venta online mundovideo

No te puedes ir sin leer estas noticias!


The imminent regulation of gambling in Brazil, could affect enjoys sale. 

What has Coljuegos achieve as gambling regulator during the pandemic

The sale process of Enjoy is still in the early stages, but it already has several interested parties in its assets.

According to the Chilean press, Logrand Entertainment, the main target as a possible buyer in recent months, is interested in acquiring the operator's positions. However, the rooms in Viña del Mar, Coquimbo and Pucón would be left out of the equation.

 

 

 

 

According to Diario Financiero, the company considers the prices paid for these permits “stratospheric”, so it would be more profitable to pay the guaranteed notes. In this way, other operators such as Dreams and Marina del Sol would have the opportunity to invest there.

 

On the other hand, Enjoy's perhaps most relevant asset, the Punta del Este casino, is the one that generates the greatest interest in international companies. There would already be advanced negotiations with five potential buyers, despite certain negative projections in this regard.

 

The imminent regulation of gambling in Brazil, which could include physical casinos, would be detrimental to the Uruguayan operation, whose main clients come from that country.

 

However, the Plaza Esteña is relevant beyond its games room, as it is a central destination for tourism in the region. In this way, it is very likely that it will remain one of the most important assets of the Chilean company.






Brazil one step away from being First World because of all the technology we have here, The Brazilian iGaming Summit 2024. 

What has Coljuegos achieve as gambling regulator during the pandemic

 

This Wednesday the Brazilian iGaming Summit 2024 / BiS SiGMA Americas 2024 Congress began at the Transamérica Expo Center in the city of Sao Paulo.

 

 

The opening speech was given by Alessandro Valente and Carlos Cardama, co-founders of the event, together with Eman Pulis representing the SiGMA Group.

 

We have held a fair that really is an example for all Latin America, I don't know if for the whole world. But, with great humility, we thank you all for your participation,” said Cardama,

 

Who also highlighted the current moment in Brazil “which is one step away from being First World because of all the technology we have here.”

 

The Congress will take place on April 24 and 25 with presentations from iGaming industry experts and large companies to explore new advances in technology and strategies.

 

 






SPA of Brazil met with authorities of the Buenos Aires Lottery (LOTBA). 

What has Coljuegos achieve as gambling regulator during the pandemic

Representatives of the Secretariat of Prizes and Betting (SPA) of Brazil met with authorities of the Buenos Aires Lottery (LOTBA), taking advantage of their visit to Buenos Aires during the CIBELAE 2024 Conference.

 

 

 

 

Simone Vicentini [pictured] , deputy secretary of the SPA, had a meeting with Jesús Acevedo, president of LOTBA, and his team, a meeting in which executives from Gaming Laboratories International (GLI), a certification company approved in both jurisdictions, also participated.

 


The participation of SPA members in the Cibelae 2024 Conference revolved around this year's central theme: "Sports Betting in Latin America: approaches to a developing market." The SPA, created in February of this year to regulate sports betting and online casino games, plans to develop and implement a regulatory framework for online gaming, payment methods, strategies for responsible gaming and prevention of money laundering.

 

All these areas are of reference for the LOTBA, and the meeting also served to share that experience.

 






Brazil: CBF establishes new rules and clubs can have betting house sponsorships on their uniforms 

What has Coljuegos achieve as gambling regulator during the pandemic

 

 

 

The Brazilian Football Confederation (CBF) published the new General Competition Regulations (RGC) of 20241. This document establishes the general norms and rules for the dispute of all championships organized by the entity. One of the most notable novelties of the new RGC is the regulation on betting house sponsorships on club uniforms. According to Article 114, the display of betting house brands on club uniforms is conditional on compliance with the requirements set forth in Law 14790/2023 and in the regulations of the Ministry of Finance.

 

Law 14790 on Sports Betting came into force on December 29. This rule and the regulation of the Ministry of Finance are fundamental for the implementation of the new rules on betting house sponsorships.

 

The new RGC also reinforces integrity actions and combats the manipulation of results. The CBF may request the production of a report by a company specialized in the detection of manipulation of results. In addition, sports betting companies must submit a declaration of non-involvement in any economic infringement or ethical violation related to the manipulation of sports results.

 

 






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

What has Coljuegos achieve as gambling regulator during the pandemic

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.





Soldardura SMD MundoVideo
ESTO LE PUEDE INTERESAR
Brasil debería copiar a Coljuegos Colombia para poner fin a la 'novela' regulatoria Thomas Carvalhaes, ayer en iGaming NEXT Valletta
https://www.mundovideo.com.co/casinos-colombia-noticias/brasil-deberia-copiar-a-coljuegos-colombia-para-poner-fin-a-la-novela-regulatoria-thomas-carvalhaes-ayer-en-igaming-next-valletta
Hablando en un panel centrado en Latam en iGaming NEXT Valletta 23 ayer (21 de junio), Car...
Las buenas prácticas regulatorias en la Industria del Juego
https://www.mundovideo.com.co/columna-opinion/las-buenas-practicas-regulatorias-en-la-industria-del-juego
Han pasado ya unos años desde que tuve ocasión de discutir este tópic...
What has Coljuegos achieve as gambling regulator during the pandemic
https://www.mundovideo.com.co/colombian-gambling-news/what-has-coljuegos-achieve-as-gambling-regulator-during-the-pandemic
When it comes to the relationship between businesses and regulators, it is crucial to main...
Colombian Gambling regulator with the best in the world in the Hall of Fame
https://www.mundovideo.com.co/colombian-gambling-news/colombian-gambling-regulator-with-the-best-in-the-world-in-the-hall-of-fame
In the recent edition of the SBC Summit Barecelona, ​​which is one of the most importa...
The Good Regulatory Practices in the gambling industry
https://www.mundovideo.com.co/opinion/the-good-regulatory-practices-in-the-gambling-industry
It has been a few years since I had the opportunity to discuss this topic with two of the ...
Philippine regulator body will not continue being an operator
https://www.mundovideo.com.co/asia/philippine-regulator-body-will-not-continue-being-an-operator
A Philippine House lawmaker has filed a bill that calls for the reorganization of the resp...
Talking about Japanese gambling law: Japan getting ready their casino body regulator
https://www.mundovideo.com.co/asia/talking-about-japanese-gambling-law-japan-getting-ready-their-casino-body-regulator
Two senior officials have been installed to steer the setting up of Japan’s casino a...
Bermuda authority together with New Jersey regulator to attack the problems in the industry
https://www.mundovideo.com.co/america/bermuda-authority-together-with-new-jersey-regulator-to-attack-the-problems-in-the-industry
The Bermuda Casino Gaming Commission (BCGC) has formalized a cooperative relationship with...
Cryptocurrency on Gambling:UK change the regulator body that regimes the binary options
https://www.mundovideo.com.co/europa/cryptocurrency-on-gambling-uk-change-the-regulator-body-that-regimes-the-binary-options
The UK Financial Conduct Authority will assume control over the regulation of the nation&r...
France is going out with a new gambling regulator
https://www.mundovideo.com.co/europa/france-is-going-out-with-a-new-gambling-regulator
L’Autorité nationale des Jeux (ANJ) is officially the new gambling regulator ...
Massachusetts gambling regulators denied a request of reopening poker rooms
https://www.mundovideo.com.co/poker-news/massachusetts-gambling-regulators-denied-a-request-of-reopening-poker-rooms
Massachusetts gambling regulators denied a request by two casinos to allow the resumption ...
INSCRÍBETE AQUÍ
TE MANTENDREMOS INFORMADO
Banner_lateral_derecho_link_new.jpg
Teléfonos​:

(57​​1) 7568829 - 3606414 - 3606415 FAX (57 1)​ ​3605027

Sedes:

Bogotá / Medellín / Cali / Pereira / Barranquilla

Bienvenid@ a Mundo Video Corporation
Diseñado y desarrollado por Keyframestudio.co
https://www.mundovideo.com.co/colombian-gambling-news/what-has-coljuegos-achieve-as-gambling-regulator-during-the-pandemic