MAR 24 DE NOVIEMBRE DE 2020 - 06:16hs.
Juan B. Pérez

The president of Colombian gaming regulator Coljuegos resigned

Juan B. Pérez, president of the regulatory body for the gaming sector in Colombia, Coljuegos, submitted his resignation after four years and seven months in office before the Ministry of Finance, which was accepted this Tuesday. In his replacement would be appointed César Augusto Valencia, a business administrator from the Universidad del Norte and who has an MBA from Drexel University (Pennsylvania, United States).

After almost five years in office, the president of Coljuegos Juan B. Pérez resigned to his position, who will be replaced in an entity that handles billionaire sums for collections from the exploitation of games of chance in Colombia, which are redirected to the financing of the health in the country.

In replacement of Pérez would take over César Augusto Valencia, administrator of the Universidad del Norte and who has an MBA from Drexel University (Pennsylvania, United States).

This position is assigned through the nomination made by the Minister of Finance, and then the final decision is made by the entity's board of directors, which, 90 percent, is made up of representatives of the public finance portfolio in Colombia.

In its latest rendering of accounts, Coljuegos reported that it collected 2.8 billion pesos (US$770m) between 2015 and September 2020 for exploitation rights of the gambling sector in the country.

Source: GMB