How to Buy an Online Casino in Colombia: Advice from iGaming Experts

Latin American countries have been attracting careful attention from operators over the past several years. This region has many favourable conditions for launching entertainment projects.

Starting a gambling business in Colombia is one of the most optimal solutions for entrepreneurs. Let us take a closer look at the advantages of this market.

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The Peculiarities of Colombian Gambling Laws

This state was the first to legalise gaming on the South American continent. The legislative act 643/2001 was adopted in 2016. The promulgation of this law was the beginning of a new era in the history of the gambling business in Colombia.

A lot of operators have transferred into the legal sector. Thousands of foreign investors have started to put their money in the local entertainment industry. Wealthy tourists from Brazil and other Latin American states have begun to visit Columbian land-based casinos.

Start-Up Licensing

The control over the gaming business and the issuance of licences is the task of the Coljuegos government agency. Permits granted by this organisation allow businessmen to open online betting portals in Colombia, launch casinos, start poker or lottery projects. The Colombian licence is a universal document that enables administrators to operate in numerous fields at the same time.

Online projects working in the shadow segment are monitored by law enforcement agencies and blocked. Therefore, it is imperative to apply for a local or offshore licence for an entrepreneur to avoid problems with Colombian gambling laws.

The Relevant iGaming Fields

Similar to the situation in other South American countries, the most popular area of the gambling business in Colombia is the sportsbook industry. More than 90% of gaming enthusiasts from this country prefer to bet on their favourite soccer teams.

Other sports are practically not in demand here. It is noteworthy that Colombians are real patriots. They mainly follow the competitions between local soccer teams.

Besides online betting, users prefer:

• lottery draws;
• casino games;
• live entertainments.

Real dealer content is one of the most lucrative and promising niches in this market. They experienced a meteoric rise in popularity in 2020 due to the closure of land-based establishments. Millions of residents and foreign users have started visiting live casinos to feel the spirit of luxury Colombian establishments.

Restricted Casino Providers in Colombia

The South American region is currently one of the quickest in the development pace of iGaming regulation establishment. Colombia was a pioneer in finishing this process back in 2016, and since then platform managers and providers are looking for efficient ways of entering the region.

Keeping in mind the compliance aspects regarding local standardisation of content, these restricted software brands currently do not have access to the market:

• ELK;
• Evolution Gaming;
• Greentube;
• Habanero systems;
• Nolimit City;
• Blueprint;
• Ezugi;
• Quickspin;
• Relax Gaming;
• Revolver Gaming;
• Skywindgroup;
• Spinmatic;
• Ezugi;
• BTG (Big Time Gaming);
• iSoftBet;
• Espresso Games;
• Lightning Box (Games Global (former Microgaming)).

The knowledge of the local sphere and the necessary opportunities for situation monitoring allow Online Casino Market to keep our clients alert about every subtle change. It concerns general legality in the region as well as the availability of new vendors. Our operators receive the most relevant information and products.

Order proficient software support at Online Casino Market and ensure your entertainment capabilities match the established standards.

How to Launch a Strat-Up in this Country?

To open a casino in Colombia, you should complete these tasks:

Opening Turnkey Casinos in Colombia: What is Included in This Service?

One of the most demanded techniques of starting an entertainment business is purchasing a ready-made project.

This solution consists of such options:

1. Assistance in receiving a licence. A prerequisite for buying an online casino in Colombia is obtaining a permit. Highly qualified employees will help you fulfil all the requirements of the gaming commission and collect the necessary documents as quickly as possible.
2. A package of up-to-date casino software in Colombia. When buying a turnkey online portal, you will get a collection of demanded content from leading developers. As a rule, such a selection includes video slots, card games, real dealer solutions, and other popular options.
3. The creation of an original logo and relevant site design. Surprise your potential customers with the pleasant and stylish look of your online portal. A user-friendly interface and easy navigation will help beginners understand the functionality of your resource very quickly.
4. The integration and configuration of programs. Experts will set up gaming software in the shortest possible time to make the interaction with customers and management of your online platform simpler and more convenient.
5. The connection of payment modules. To gain the respect and trust of a broad audience, you have to install high-quality financial casino software in Colombia. Program products from such outstanding developers as Finstrum, Moneygrator, Click2Pay, UKash, and others will let your clients conduct fast, secure monetary operations.
6. The protection of a virtual resource. To prevent user data leakage, cyberattacks, and fraud, it is necessary to integrate top-notch safety systems. When purchasing a turnkey casino in Colombia, you will receive worthy software based on automatic multi-level user verification and reliable data encryption methods.
7. Technical support. Any operator sometimes encounters issues. To find a way out of such situations, an entrepreneur should consult with experienced specialists. Professional advice will help you solve any task as fast as possible.

This is a basic package of products and services available for businessmen wishing to develop turnkey casinos in Colombia. Complementary options, for example marketing instruments, can be ordered at an additional cost.

The Main Things about Starting a Gambling Business in Colombia

The opening of an entertainment start-up in this country is an opportunity to enter the promising Latin American market legally. Buy an online casino in Colombia to reach a broad audience of local and foreign gambling enthusiasts and achieve financial stability.

Running a gaming business in this region is characterised by such features:

• high demand for betting services and the gradual development of other profitable areas;
• loyal legislation and the possibility to obtain a prestigious Colombian gambling licence;
• a wide selection of entertainment content of different themes and genres from the best producers.

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We bring to your attention a huge assortment of casino games, security systems, payment modules, and other useful products and services for the iGaming business. Contact our manager to learn more about the terms of cooperation.

Author

Karen Fill

Gambling business expert at Online Casino Market