Colombia has issued its 16th online gambling license, while nearing the completion of its first inventory of all land-based slot machines.

Late last week, local media reported that Colombia’s Coljuegos gambling regulatory agency had issued an online gambling license to Servicios Distrired SAS, part of a Medellin-based group with a 15-year history of offering “mass consumption products aimed at the traditional Colombian market, mostly virtual.”

The company plans to offer sports bets via the Megapuesta.co domain, which currently offers up only a ‘maintenance’ page that contains the single word: “Soon…” The license is valid for a five-year term.

Coljuegos president Juan Pérez Hidalgo celebrated the regulator’s latest licensee, noting that the country’s licensed online gambling operators had generated revenue of nearly COP23b (US$7.4m) for the government in the first nine months of 2018. Hidalgo said this sum would help underwrite health care services for around 29,000 local residents.