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You are here -> Home / colombian-gambling-news /

Sportsbooks in Colombia: very challenging

Published date: 2021-04-06
Sportsbooks in Colombia: very challenging

With the arrival of the pandemic, some forms of entertainment were closed, including casinos. This led operators to adopt new technologies as part of their core.

 

Online Casinos, today represents 70%, while sports bet 30%, for companies that reinvented themselves in Colombia due to the majority of sporting events last year. In a traditional bookmaker, 70% of the business is sports betting which puts them in a risky situation.

 

According to online gambling companies, the average sports bet is around $ 30,000 (10USD), casinos bets depends a lot on the volume of the game, there are players who in one day can win $ 70 million (20.000 USD) and lose them the next day, it is $ 70 millions that bookmakers win.

 

There are already bookmakers that are on the subject of e-sports, but there is no clear regulatory framework. Lack for people to trust.

 

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