{"id":13344,"date":"2025-08-20T13:24:10","date_gmt":"2025-08-20T13:24:10","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=gambling&#038;p=13344"},"modified":"2025-08-20T13:24:10","modified_gmt":"2025-08-20T13:24:10","slug":"online-gambling-contributions-to-health-plummet-amid-new-tax-in-colombia","status":"publish","type":"gambling","link":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/online-gambling-contributions-to-health-plummet-amid-new-tax-in-colombia\/","title":{"rendered":"Online Gambling contributions to health plummet amid new tax in Colombia"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Bogot\u00e1, August 2025<\/strong> \u2013 Contributions from online gambling to Colombia\u2019s subsidized healthcare fund have fallen dramatically\u2014dropping over 30% in the months following the implementation of a 19% value-added tax (VAT) on gaming deposits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Industry projections show that before the tax was introduced, operators were contributing over <strong>COP 40,000 million<\/strong> (approximately <strong>USD 9.9 million<\/strong>) per month to the healthcare system. However, in the four months after the VAT went live\u2014from March to June\u2014average monthly contributions declined to about <strong>COP 28,000 million<\/strong> (<strong>USD 6.9 million<\/strong>)\u2014a sharp reduction of around <strong>30%<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">These contributions come from \u201cexploitation rights,\u201d effectively a 15% levy on operators\u2019 net gaming revenue, specifically earmarked for funding public health coverage for vulnerable populations. In 2024 alone, this mechanism generated over <strong>COP 436,000 million<\/strong>, establishing legal online gambling as a key auxiliary funding source for the health system.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/tax-trap-colombias-gambling-industry-feels-the-squeeze-with-back-to-back-hikes\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tax Trap: Colombia\u2019s Gambling Industry Feels the Squeeze with Back-to-Back Hikes<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Stakeholders warn that sustaining this trend may jeopardize both public health funding and the financial viability of legal gaming platforms. Operators have absorbed much of the new tax burden themselves\u2014opting not to pass it along to players\u2014to minimize migration to illegal platforms. However, even with that cushioning, margins have compressed significantly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/petro-seeks-to-finance-his-reelection-with-a-new-tax-reform-that-causes-panic-in-gambling-companies-in-colombia\/\" target=\"_blank\" rel=\"noreferrer noopener\">Petro seeks to finance his reelection with a new tax reform that causes panic in gambling companies in Colombia.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the current model persists, legal gaming risks losing ground to unregulated alternatives, and the subsidized health system could face a widening funding gap. Industry leaders are calling for a reassessment of the tax framework to balance public finance and sector sustainability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stakeholders warn that sustaining this trend may jeopardize both public health funding and the financial viability of legal gaming platforms. Operators have absorbed much of the new tax burden themselves\u2014opting not to pass it along to players\u2014to minimize migration to illegal platforms. However, even with that cushioning, margins have compressed significantly. <\/p>\n","protected":false},"author":1,"featured_media":13345,"menu_order":78,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[3,9,102,105,4866],"class_list":["post-13344","gambling","type-gambling","status-publish","format-standard","has-post-thumbnail","tag-coljuegos","tag-colombia","tag-online-betting","tag-sports-betting","tag-vat","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Online Gambling contributions to health plummet amid new tax in Colombia - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"description\" content=\"Stakeholders warn that sustaining this trend may jeopardize both public health funding and the financial viability of legal gaming platforms. Operators have absorbed much of the new tax burden themselves\u2014opting not to pass it along to players\u2014to minimize migration to illegal platforms. 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