QUA 19 DE FEVEREIRO DE 2020 - 04:01hs.
US$195m in 2019

Colombian Gaming Control Board announces record year of license fees

The President of the Colombian Gaming Control Board (Coljuegos), Juan Pérez Hidalgo, has announced that the entity has collected a record US$290m since 2012 in license fees, an increase of 124% since that year. “In 2019 alone, money raised amounted to US$195m, a 16.2% compared to 2018; likewise, between December 2015 and 2019, it increased by 75%,” said Pérez Hidalgo.

Casinos, bingos and slot parlours accounted for 57% – equivalent to US$111,781,546. This was followed by lottery games Super Astro with 14% (US$26,628,191) and Baloto and Revancha with 12% (US$24,390,115), in 2019. The online gambling segment contributed 10% (US$20,029,201).

“Land based games (not including lotteries) grew 11% in revenue in the last year, going from US$101m in 2018 to US$111m in 2019, in signed agreements , with 2,752 establishments operating throughout the country and 88,546 slot machines available,” said the President of Coljuegos.

A similar result was obtained by the Baloto and Revancha lottery game in terms of collection for exploitation rights at the end of 2019, as it experienced a growth of 12% reaching US$24 million, compared to the US$22 million collected in 2018. Meanwhile the online sector recorded a very large increase of 81% compared to 2018.

The Super Astro game recorded a 15 per cent increase in money raised, from a total of US$23m in 2018 to US$26m in 2019. “In 2019, the operator selection process for this game advanced for the next five years and it is expected that during the term of the new concession contract, approximately US$104m will be collected for operation rights,” said the President of the agency.

Source: GMB