The digital division of US casino operator Rush Street Gaming has been issued an online gambling license in Colombia.

Last Friday, Colombian gaming regulator Coljuegos announced that a newly established local subsidiary of US-based Rush Street Interactive has been issued the country’s tenth online gambling license. The company intends to offer online sports betting and casino games in Colombia under the Rushbet.co domain.

Coljuegos said Rush Street’s new license was valid for a five-year term, for which the company has agreed to pay COP14.2b (US$5m). That’s the highest sum Coljuegos has imposed to date on an online licensee and a significant premium to the COP7.85b that Spanish operator Sportium paid for its five-year license in March and the COP11.2b that Spanish operator Luckia paid for its diploma in February. (Pays to be Spanish, apparently.)

Coljuegos president Juan B. Pérez Hidalgo said Rush Street’s license “confirms the great interest of the private sector” in the Colombian market, which became the first South American jurisdiction to formally regulate online gambling in 2016.