In the recent edition of the SBC Summit Barecelona, which is one of the most important events in the industry of games of luck and chance worldwide, especially in the old continent. Colombia's effort was highlighted for its work in regulating internet gambling, entering the International Sports Betting Hall of Fame as the pioneer country in regulating internet gambling throughout the continent.
"We are very happy for this recognition of a country's leadership, which seeks to innovate and consolidate this sector as a generator of employment and that contributes more and more to the financing of the health of Colombians," said the president of Coljuegos.
According to the organization, SBC Summit Barcelona, this is a recognition that pays tribute to the most influential people in the history of the gambling industry, since together with Pérez Hidalgo, recognized business leaders such as Ralph were included. Topping, former CEO of William Hill; Victor Chandler, founder of BetVictor; Bill Mummery, pioneer in Online Gambling and Asian Market and Giovanni Garrisi, CEO of StanleyBet.
In retrospect, the regulation process led by Coljuegos, began in mid-2017, the operation of online games could begin, which to date have generated resources for health for $ 147,128 million COP and have more than 3.9 million players registered on the 16 authorized platforms.
For 2018, the regulator estimated the return rate at 89% thanks to the bonuses offered by the different online casinos that operate legally in the country. This generated that the total bets by the players exceeded 500 million dollars.
It is estimated that online games currently represent approximately 1.5% of Colombia's GDP and the trend is on the rise thanks to the constant strengthening of regulations and avoiding the proliferation of illegal sites. These facts obviously convey confidence, solidity and guarantees to both local and foreign investors.
