{"id":8496,"date":"2024-03-12T00:00:00","date_gmt":"2024-03-12T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/coljuegos-street-machines-a-business-opportunity-for-colombia\/"},"modified":"2024-03-12T00:00:00","modified_gmt":"2024-03-12T00:00:00","slug":"coljuegos-street-machines-a-business-opportunity-for-colombia","status":"publish","type":"gambling","link":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/coljuegos-street-machines-a-business-opportunity-for-colombia\/","title":{"rendered":"Coljuegos, street machines, a business opportunity for Colombia."},"content":{"rendered":"<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Aptos,&quot;sans-serif&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.mundovideo.com.co\/assets\/feria24\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl.png\" style=\"width:100%\" \/><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Aptos,&quot;sans-serif&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">According to the president of the entity, Marco Emilio Hincapi&eacute;, 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.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\"><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/international\/coljuegos-street-machines-a-business-opportunity-for-colombia2.jpg\" style=\"width:100%\" \/><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Aptos,&quot;sans-serif&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">&ldquo;In addition to the operations to seize machines and destroy them later, we are telling people that, in accordance with the &#39;Total Peace&#39; program of our president Gustavo Petro, we formalize the electronic slot machines that, for the moment, may be operating without<\/span><\/span> <span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">authorization,&rdquo; said Hincapi&eacute;.<\/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:Aptos,&quot;sans-serif&quot;\"><span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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.<\/span><\/span> <span style=\"font-size:14.0pt\"><span style=\"font-family:Arial\">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.<\/span><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>this strategy aims to promote legal betting and the formalization of nearly 100,000 slot machines that operate in Colombian territory      illegally<\/p>\n","protected":false},"author":1,"featured_media":8497,"menu_order":302,"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":[4332,4331,254],"class_list":["post-8496","gambling","type-gambling","status-publish","format-standard","has-post-thumbnail","tag-colombian-territory","tag-legal-betting","tag-slot-machines","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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