{"id":2507,"date":"2022-03-01T00:00:00","date_gmt":"2022-03-01T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/colombia-the-reactivation-process-during-the-first-month-of-the-year\/"},"modified":"2022-03-01T00:00:00","modified_gmt":"2022-03-01T00:00:00","slug":"colombia-the-reactivation-process-during-the-first-month-of-the-year","status":"publish","type":"gambling","link":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/colombia-the-reactivation-process-during-the-first-month-of-the-year\/","title":{"rendered":"Colombia: the reactivation process during the first month of the year"},"content":{"rendered":"<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">The Colombian gambling authority announced that in 2021 it collected 613 billion pesos (USD156m) in 2021 through the tax Exploitation Rights &#8211; Monopoly Revenues, the goal for this year is to reach 740.447 million (USD188m). <\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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).<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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).<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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 &nbsp;COP (USD692m). <\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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). <\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">Regarding the plans for 2022, according to what was reported by the local media La Patria, Coljuegos intends to &quot;increase the number of METs by 3 percent and evaluate the proposals for complementary mechanics presented by the concessionaire of the novel game: Lotto&quot;. The main objective is the generation and development of more resources for health.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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 &quot;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&quot;. <\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">On the other hand, it also foresees to reach new Covenants for Legality throughout the country, the blocking and closing of unauthorized operators and &quot;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.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">The last general objective will be &quot;strengthening the management of Coljuegos&quot;. 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.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:&quot;Times New Roman&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Colombian gambling authority announced that in 2021 it collected 613 billion pesos (USD156m) in 2021 through the tax Exploitation Rights &#8211; Monopoly Revenues, the goal for this year is to reach 740.447 million (USD188m).<\/p>\n","protected":false},"author":1,"featured_media":2508,"menu_order":431,"comment_status":"open","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":[696,697],"class_list":{"0":"post-2507","1":"gambling","2":"type-gambling","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-the-colombian-gambling-authority-announced-that-in-2021-it-collected-613-billion-pesos-usd156m-in-2021-through-the-tax-exploitation-rights-monopoly-revenues","8":"tag-the-goal-for-this-year-is-to-reach-740-447-million-usd188m","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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