“In the first four months of this year, the sector has registered total sales of 5.17bn pesos (US$1,390.85m), which means a growth of 54% compared to the same period of 2020, when sales amounted to 2.37bn pesos, thanks to the strengthening of online games, and at a time when localised games have been affected by the already known restrictions,” confirmed the President of Coljuegos César Augusto Valencia Galiano.
“Of this total, $76,762m (US$20.65m) has been generated by localised games where casinos and bingo halls are located, and $52,333m (US$14.08m) by online games. These contributions are destined for the health sector and are complemented with a VAT collection of approximately $515,000m (US$138.54m),” he added.
The Minister of Finance and Public Credit, José Manuel Restrepo Abondano, praised the gamin industry saying it would make an important contribution to the country’s economic growth.
“The sector has positioned itself as an industry example of transparency , as has been expressed by the Financial Superintendency and the UIAF, as a consequence of their preventive actions in matters of money laundering and terrorist financing, but also because of their strategy to combat illegality,” Restrepo Abondano commented,
“We have to promote economic growth in which the gambling industry will make a very important contribution and, thirdly, to achieve fiscal stability through a social investment project that contributes to the generation of jobs and poverty reduction,” he concluded.
Source: G3 Newswire
