Why Is It Advantageous to Buy Online Casinos in Colombia?

The South American market has always attracted many operators due to its numerous advantages: high activity of the local audience, loyal conditions for doing business, simple licensing, etc.

Colombia is one of the few countries that allows many gambling activities. Find out more about the strengths of this state and the methods of starting a gaming start-up here.

The Analysis of Strong Points

Doing business in Colombia has several undeniable benefits:

1. Lots of potential clients. Most South American countries prohibit their residents from visiting entertainment establishments and online resources. Therefore, people from Brazil, Guatemala, Nicaragua, Peru, and other states visit land-based gaming clubs located in Colombia or use local virtual portals.
2. Various profitable niches. The gambling business in Colombia includes many areas. Gamers from this country like slots, roulette, poker, sports betting, draws, and other activities.
3. The high lucrativeness of the industry. According to researchers, Colombia's entertainment industry revenues made up more than $460 million in 2020. The number of gaming establishments and virtual projects is constantly growing.
4. Government support. Colombian gambling laws are pretty loyal. The authorities facilitate the smooth operation of legal projects. Law enforcement agencies are constantly combating the activities of underground establishments and online resources that do not have licences. This contributes to the creation of a better working environment for conscientious operators.

Colombian Gambling Laws

You can find slot machines released in the 50–60s of the 20th century in different cities. They are proof that the gambling business in Colombia has been developing for a long time. For a considerable period, the gaming area was run by illegal paramilitary groups.

The first attempts to regulate the sphere were undertaken back in 1991. The state organisation ETESA (Empresa Territorial Para la Salud) was created, and some changes were made to the Colombian gambling laws. The situation in the country did not change until 2001.

The then-president, Alvaro Uribe Velez decided to improve legislation and give the government full control over the entertainment industry. As a result, Law No. 643 was adopted. It described the specifics of gaming clubs, casinos, and bingo draws operation in detail.

By 2009, the government managed to stabilise the entertainment sector. In 2011, the Coljuegos organisation took over powers previously held by ETESA. This body is still working in the country.

Restricted Casino Providers in Colombia

Being one of the first regions in South America with a regulated online casino industry, the country also creates favourable working opportunities for suppliers. There are numerous popular brands legal in Colombia, offering their software to platform managers. However, not all providers can operate in the region.

Gaming companies that are limited in Colombia:

• 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 main task of such a renowned aggregator as 2WinPower lies in granting our clients the cherished legality and security of operation. We offer products only by officially allowed providers in the targeted areas. While some suppliers are not available in Colombia, we collaborate with dozens of other acclaimed creators of gambling components.

Order relevant software selection and integration from 2WinPower and make your platform a legal and enjoyable place to access.

The Legalisation of a Gambling Business in Colombia

Coljuegos issues permits to entrepreneurs wishing to open casinos in Colombia, launch bookmaker projects, organise bingo draws, and other activities.

Each operator has the right to receive an unlimited number of permission documents. Licensing of projects in this country has several advantages:

• a small package of required documents;
• adequate tax rate — 17%;
• simple licence renewal.

In addition to working with a permit issued by a local regulator, operators can open online betting sites in Colombia or launch casinos registered in offshore zones. The activities of such international projects are not controlled by the state. That is why most entrepreneurs prefer to work in the internet segment.

The Stages of Opening a Business

To start a profitable project in this country, you have to plan every step properly. Here is an approximate algorithm for implementing a start-up:

Why Should You Order a Turnkey Casino in Colombia?

The development of a web project is a painstaking process. It can become much easier and faster if you enlist the support of professional programmers, lawyers, designers, marketers, and other experts.

Buy an online casino in Colombia from specialists to get the following benefits:

• easy obtaining of a local or offshore licence;
• the purchase of gambling software on favourable terms;
• the possibility to control every stage of the project implementation;
• counselling on any questions regarding business activities;
• technical support and help in troubleshooting;
• the assistance in resolving disputes with clients.

Order a turnkey casino in Colombia from experts, if you value your time and resources.

The Main Things about Entering the Colombian Market

This country is in demand both among gamblers and operators wishing to open their projects here. The launch of a start-up in Colombia will help you enter the South American business arena quickly and attract lots of prospective clients from different Hispanic countries.

To open a money-making project in this country, you should:

• analyse the market and create an effective strategy;
• buy decent content from top producers;
• organise an efficient advertising campaign;
• or buy an online casino in Colombia to speed up the launch.

Order a turnkey casino in Colombia, and our team will help you create a lucrative project. Besides, we offer a broad range of products and services for owners of working businesses wishing to enter this up-and-coming market.