Coljuegos, presented this week its financial report that shows a good evolution in the performance of gambling industry in the reactivation process during the first month of the year.
The Colombian gambling authority announced that in 2021 it collected 613 billion pesos (USD156m) in 2021 through the tax Exploitation Rights - Monopoly Revenues, the goal for this year is to reach 740.447 million (USD188m).
As for January 2022, face-to-face gambling tops the list with 24.770 million (USD6.3m), followed by online gambling with 17.335 (USD4.4m). The accumulated collection in the first month of the year is 60,013 (USD15m).
On the other hand, cumulative gross sales in 2021 exceeded 45 billion pesos (USD11,457m), which is expected to be exceeded this year as the economy reactivates after the pandemic. Face-to-face gambling generated P28 trillion (almost USD7,129m) in total gross sales last year, while online gambling contributed P16 trillion (USD4,073m).
The trend of growth and recovery from the pandemic is registered in the year-on-year comparison, while in January 2021, gross sales were $1,596,065m COP (USD400m), in January 2022 that number rose to $2,719,141m COP (USD692m).
The same goes for online gambling, in January 2021 gross sales were $932.633m COP (USD237m), while in January 2022 they were $1,702.081m COP (USD433m).
Regarding the plans for 2022, according to what was reported by the local media La Patria, Coljuegos intends to "increase the number of METs by 3 percent and evaluate the proposals for complementary mechanics presented by the concessionaire of the novel game: Lotto". The main objective is the generation and development of more resources for health.
The authority assured that it plans to approve new gambling licenses to expand the offer, issuing the permits up to 10 working days after the new modalities are presented.
The second great objective of Coljuegos for this year will be to work even more for the promotion of responsible and legal gambling, which includes audits in face-to-face and online gambling halls. In this sense, reports will be created where "the main data of the operations of all the new games to be implemented in the betting houses will be included in a clear way, thus promoting the transparency of the sector".
On the other hand, it also foresees to reach new Covenants for Legality throughout the country, the blocking and closing of unauthorized operators and "to fulfill 100 percent of the Accounts of the Anticorruption and Citizen Attention Plan, as well as to implement a Risk Management System in all the existing operators of games of chance in the territory.
The last general objective will be "strengthening the management of Coljuegos". To achieve it, the following activities are planned: to execute an investment project dedicated to the digital transformation of Coljuegos and to carry out an analysis to improve all those aspects related to the security of the information systems.
In addition, they plan to execute the following plans: Annual Audit Plan, Anti-Corruption and Citizen Service Plan (PAAC), Information Security and Privacy Plan, Communications Plan and Information Security and Privacy Risk Treatment Plan.
They also intend to improve the satisfaction indexes of the internal users of the Coljuegos platform through a series of surveys and to identify all those processes of distribution of the resources of the new games that are implemented in the betting house, as well as to implement a payment solution for them. In this sense, manuals will be developed for the users, including a step-by-step description of the activities and each internal process of the betting houses.
