Colombia has issued its second official online gambling license to Corredor Empresarial S.A., the umbrella group for the nation’s 32 provincial lottery and chance game operators.
On Monday, the Coljuegos gambling regulatory agency announced it had issued the nation’s second online gambling license to Corredor Empresarial’s Betplay brand, which will operate sports betting, slot machines, roulette and other games of chance via the Betplay.com.co domain.
The move was widely expected after Corredor Empresarial inked online gambling technology deals with European tech providers Kambi Sports Solutions and R Franco Digital in June. In addition to its new online site, Corredor Empresarial operates 25k retail points of sale across Colombia.
Coljuegos president Juan B. Pérez Hidalgo said Corredor Empresarial’s five-year license was worth COP 3.3b (US $1.13m) to the regulator, and the monies the regulator earns via Colombia’s regulated online gambling market will contribute to health care funding.