The company that manages the income monopoly of games of luck and chance issued a resolution through which it seeks that small merchants who have electronic slot machines (MET) operating without the respective authorization of Coljuegos can legalize their operation.
According to the president of the entity, Marco Emilio Hincapié, this strategy aims to promote legal betting and the formalization of nearly 100,000 slot machines that operate in Colombian territory without complying with the requirements of the law.
“In addition to the operations to seize machines and destroy them later, we are telling people that, in accordance with the 'Total Peace' program of our president Gustavo Petro, we formalize the electronic slot machines that, for the moment, may be operating without authorization,” said Hincapié.
On the other hand, it is important to mention that METS owners who continue operating without authorization could incur fines that amount to 80 monthly legal minimum wages (about $104 million) for each of the machines. Furthermore, this activity constitutes a crime contemplated in article 312 of the Penal Code, which refers to the illicit exercise of monopolistic activity for profit.
