Online Casinos Colombia

Colombia is one of the fastest-growing gambling markets in Latin America. Rogue casino operators have no room here, which has resonated well with many local players. This leaves room for only the best casinos in Colombia.

But how does the government ensure no illegal casinos operate in the country? Well, the strict regulations that control the market do the trick. They create a safe gaming environment.

However, not all online casinos in Colombia will live up to your expectations. That’s why we have a comprehensive guide for you.

Here, we will cover everything you need to know about online gambling in Colombia. As a tip, we will recommend the best casinos in the country. Keep reading to learn more.

Colombia Casinos
Colombia Casinos

Best 5 Online Casinos in Colombia

Welcome bonus

100% up to 500 Euro + 200 Free Spins

Highlights

  • Wide variety of gaming activities
  • Many promotions and a VIP Club
  • Great choice of payment options
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Welcome bonus

€400 + 150 Free Spins

Highlights

  • Hell good games
  • 2022 Launched casino
  • Fast payouts
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Welcome bonus

€400 + 150 Free Spins

Highlights

  • Fast payouts
  • VIP club
  • High withdrawal limits
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Welcome bonus

€200 + 200 Free Spins

Highlights

  • Huge game library
  • Decent welcome bonus
  • Mobile friendly
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Welcome bonus

€100 + 100 Free Spins

Highlights

  • Wide variety of gaming products
  • Crypto Friendly
  • New brand
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Legality Of Online Gambling

Are online casinos legal in Colombia?

Gambling, in general, has been legal in Colombia since 1991. It wasn’t fully legalized as it is now, so there was the caliber of all operators.

Back then, it wasn’t easy for players to differentiate between reputable and scam casinos. As such, swindling was a common practice, as it is in most South American states. Despite all these, the gambling market was rapidly growing, which caught the government’s attention.

As much as the government tolerated this activity, they saw the need for its regulation. Possibly through this, they could capitalize on its liquidity to fund social initiatives and programs. So in 2001, the Gambling Act was established.

The Act sought to filter all operators through licenses, subjecting them to paying taxes. Coljuegos was founded to enforce this Act. And it is still responsible for licensing and regulation of all gambling activities in Colombia.

This Act touched mostly on land-based gaming rooms, but the changing market dynamics forced review to accommodate online gambling.

In 2016, the eGaming Act was established and legalized online casinos. Each online casino must be licensed and regularly tested for fairness.

So, to answer the question, yes! Online casinos are legal in Colombia.

 

Best 3 Colombia Casinos Reviewed

There are many casinos in this country, but like any other market, some outdo the rest. Here are our top picks for the best casinos in Colombia:

Review by: Gerry

Updated: 21-05-2024

Regardless of what the name might suggest, Ice Casino is never cold. In fact, it’s always fire-blazing with the best bonus deals, interesting games, and more. That’s why it’s among our top picks for the best three Colombian casinos.

From its interfaces to the games offered, you will love this casino. The site is easily navigable, making it easy to locate your favorite games.

icecasino.com - Website Review

Speaking of games, over 5,000 titles are available here. And they are all sourced from the top and leading gaming providers across the globe. Whether you prefer slots, table games, or poker, this casino has them all.

As an international gambling site, Ice Casino is available in multiple languages. Among them are English, Spanish, and Portuguese. This makes it convenient for Colombian gamblers.

On payments, you can choose between tens of banking options. Bank transfers and credit cards will work great here. The same applies to withdrawals.

Best thing: You can use the Colombian Peso. There’s no need for currency conversion.

In terms of customer support, King Billy Casino is responsive to every complaint raised. The support team is dedicated to assisting players with any inconveniences they may encounter. Players can reach out through multiple channels, such as email and live chat, ensuring that any issues will be promptly addressed and resolved.

Ice Casino Welcome bonus

€1500 + 270 Free Spins

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Online since:

2022

License:

Curacao

Webiste::

icecasino.com

Highlights

  • Supports over 30 payment methods
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Review by: Gerry

Updated: 16-05-2024

The next casino on our list, 20Bet, has already captured the hearts of players. We begin our review with its modernized website.

The interface will wow you with its stunning graphics and intuitive systems. Navigation here is simple; you will have no problems locating your favorite games.

Talking of games, here you will find an indisputable game selection. There are over 3000 titles hosted by this revolutionized casino. Slots are the majors here, with other games like table games following.

You’ll also find live casino games spiced up with jackpots. So whatever your gaming preferences may be, this top-tier casino has it all covered.
Why did we list this casino? First, it has everything a gambler would want. Secondly, it is multilingual, with Spanish and Portuguese being among the options. Convenient for Colombian players, right?

Games at 20Bet Casino

20Bet accepts payments from multiple processors. E-wallets like PayPal and Skrill will work great. The same is also true with bank transfers and credit cards.

Precisely, it will all depend on your convenience.

Also, you can use the COP here!

With 24/7 customer support services, 20Bet is committed to addressing any concerns or inquiries you may have. Email or live chat, rest assured that your message will be promptly received and attentively responded to.

20Bet Casino Welcome bonus

€120 + 120 Free Spins

18+ | New Players Only | T&C Apply

Online since:

2020

License:

Curacao

Webiste::

20bet.com

Highlights

  • Amazing variety of gaming activities
  • Very good bonus conditions
  • Outstanding customer service 24/7
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Review by: Alex

Updated: 31-05-2024

Our final pick for the best casinos in Colombia is Bets.io. We just can’t end the list without a crypto casino, can we?

Bets.io has established an outstanding reputation in the industry. It has secured a sizable market base, that’s to its exceptional ability to connect with customers on a personal level. It just truly understands players’ preferences and expectations.

The games portfolio here is large, with over 3000 games. Slots, as you can expect, top the list, with table games and live dealer games following closely.

Promotions at Bets.io Casino

Navigating is easy, thanks to the clean layout. If English isn’t your strong suit, change the language to Spanish or Portuguese. They are both available.

On payments, crypto is the language. This specialization is probably why Bets.io is one of the top Bitcoin casinos across the globe.

Note: You cannot use fiat currencies like the COP, USD, or EUR.

Of course, you don’t expect a crypto-oriented casino to be licensed by the MGA or UKGC. So it is licensed by Curacao.

The customer support here is more than reliable. Players can reach out via email, live chat, or social media platforms like Facebook and Twitter. One of these should deliver your message perfectly well.

 

Bets.io Casino Welcome bonus

20% Daily Cashback

18+ | New Players Only | T&C Apply

Online since:

2021

License:

Curacao

Webiste::

bets.io

Highlights

  • Crypto Support
  • Large Game Library
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How to choose the right Colombian online casino?

Struck in choosing the right casino for your gambling needs? Our above list could be a good start, but we would love to help with your preferences. Perhaps you need a casino that specifically addresses your needs. One with specific bonuses, promotions, or unique features. Here’s how to go about it:

License
1

Is the casino licensed?

Foremost, the casino’s reputation is indisputable. For every casino site you bump into on your endeavor, licensing should be your number one metric. Always pick a fully licensed gambling site (UKGC, MGA, Curacao, etc).

Bonus terms
2

Are the bonus terms fair?

Which casino offers the best bonuses? Are they realistic or clickbait? These and many questions will guide you in choosing the right casino for your needs. From there, check the wagering requirements and settle for casinos with the lowest requirements.

Find The Games You Want
3

Find the game you want

Does the casino offer your favorite games? Is the portfolio diverse enough to accommodate your ever-changing gaming demands? If yes, congratulations, you have identified the right casino for your needs.

Choose a mobile payment method
4

Currency and payment method check

Next, check what payment methods and currencies are supported. As a Colombian player, go for casinos supporting the COP and local payment methods like bank transfers and credit cards like AMEX.

Make a deposit
5

Make your deposit

Assuming you have signed up with the casino, proceed and make your first deposit. And there you go. That’s how you choose the best casinos in Colombia.

New Casinos

New online casinos in Colombia

Every year, numerous online casinos accepting registration from Colombia are launched. Some feature advanced gaming mechanisms, while others simply ride in the wave.

Regardless of the scenario, avoid being swayed solely by flashy appearances. Before hastily jumping in and out of any casino site, take the time to investigate its reputation.

Many of these sites are yet to be proven by time. So, exercising patience and waiting for them to gain traction can be worthwhile. Once they establish themselves, you can gather firsthand reviews from players and experts to gain a better understanding of their operation.

While we won’t delve deep into each of these casinos, we will provide you with a list of a select few that we consider reputable. Please note that we will continually update this page with additional information. So it pays to stick around here.

Check out the newest online casinos in Colombia.

The Newest Casinos in Colombia
#Casino nameGamesLaunchedVisit casino
1QuickWin Casino4000+2023 Read review
2PriBet Casino4000+2022 Read review
3Zodiac Bet Casino1000+2020 Read review
4IviBet Casino4000+2022 Read review
5BitVegas Casino4500+2022 Read review
6SpaceWin Casino4400+2022 Read review
7King Casino1500+2019 Read review
8NucleonBet Casino3500+2022 Read review
9KaiserSlots Casino1000+2022 Read review
10Hell Spin Casino3200+2022 Read review
Most Popular slots

Most popular slots in Colombia

Slots are popular globally. Every casino enthusiast will tell you this. Those game dynamics, themes, and storylines; ah, creative! They are a joy to most players, especially for their huge substantial payouts.

Enough said. Here, we unveil our top picks for the best slots in Colombia.

Panda Paradise

We’ll start with Panda Paradise, one of the most innovative slots ever created by Octavian Gaming and available in Colombia. The theme of this slot revolves around Asian Pandas, with a captivating wildlife setting.

As you look beneath the reels, you’ll glimpse a lake, hills, and a bamboo jungle. This creates an adventurous atmosphere that will surely satisfy your gaming needs.

In this game, your objective is to locate the Pandas. You’ll have the help of special features such as wilds, free spins, and scatters, which can enhance your gameplay and potentially increase your payouts.

Panda Paradise has a high variance slot. This means there are significant opportunities for both big wins and losses. So you will need to be extra careful when playing the game. Otherwise, things may fall apart.

The RTP stands at a fair 96%, which is above average. So, there’s the possibility of substantial returns on your bets.

Then ultimately, Panda Paradise welcomes both high rollers and low ballers. You can spin with a minimum of 0.3. The maximum amount per spin is 60 coins.

 

Play Dragons Queen

Play Dragons Queen

Our next pick is the Play Dragons Queen slot. Released in 2019, this slot has captured the hearts of many players worldwide. From its captivating dragon theme to special features like wilds and stacks, it holds a special place in the hearts of slot lovers.

The game has a layout of 5 rows and 3 reels with 25 paylines. With a medium variance and an RTP of 94.43%, it may seem slightly below average. But it still assures players of the potential return of their wagers.

Its medium volatility level means you can enjoy the game without excessive risk. As such, it is more favorable for players who prefer a more relaxed gaming experience.

With a minimum deposit of 0.25, you are good to spin away. And if you prefer, you can go up to the maximum bet of 10 and aim for bigger payouts. You could even win up to 2500x your wager.

Zombie Lab

Zombie Lab

Finally, Zombie Lab. This slot, released in 2016, has a thrilling Zombie theme that appeals to horror movie enthusiasts.

Immerse yourself in a world of survival as you navigate the impending zombie apocalypse. With no place to hide according to the slot’s settings, your luck and skills will determine your fate.

Surviving the game will earn you special rewards, boosting your final payouts. The game’s interface and design create a realistic atmosphere that truly engrosses players. Accompanied by a captivating soundtrack, Zombie Lab promises an exhilarating experience you’ll undoubtedly enjoy.

Of course, the slot machine boasts exciting features such as free spins and wilds. With these, you can increase your possible winnings.

A little about the technicals, the game has 10 paylines, medium variance, and a fair RTP of 95.6%.

Other popular casino games in Colombia

Apart from slots, there are other notable popular games in Colombia that you can always try your luck at. We briefly discuss them below.

Table Games

Table games

These are games played on tables, as their name suggests. They include classics like blackjack and baccarat, adored by many players globally. In Colombia, roulette is one of the most popular games in this category.

Poker

Poker

Poker enthusiasts here have a particular preference for Ultimate Texas Hold ’em. Rather than participating in live tournaments or Caribbean Poker, many Colombians enjoy the excitement and its strategic gameplay.

It’s a unique poker variation that adds twists and challenges, making it a popular choice among players. Players can also play live poker by registering for their favorite tournaments online.

Raffles (1)

Raffles

Colombians also love raffles. They revolve around the purchase of tickets, each with unique numbers. Later, a draw would be conducted, and the winning sets would be unveiled.

These games are often organized for special events or as part of fundraisers. This infuses a sense of anticipation and excitement. Participants eagerly await the results, heightening the overall experience.

Lottery

Lotteries

Lotteries, both in physical lottery shops and online lottery sites, have been popular in Colombia since the early 2000s.

The concept remains the same: participants purchase tickets with numbers. A draw is conducted to determine the winning combination. If your ticket matches the winning numbers, you can win substantial prizes.

Otherwise, you can hold onto the hope of winning someday, bearing in mind that it is a game of chance with no guarantees.

Bingo

Bingo

The people of Colombia also love Bingo. It is a social game that combines luck and concentration. Participants are given bingo cards with numbers arranged in a grid, and a caller draws numbered balls and announces them.

Players mark the corresponding numbers on their cards. Aiming to complete a predetermined pattern or fill the entire card for a win. Bingo halls provide a lively and interactive atmosphere where players can enjoy the thrill of chasing a win.

Sports Betting

Sports betting

Besides casino games, Colombians have a deep love for supporting their local sports teams, whether in football, athletics, or basketball. In short, every kind of sport holds a special place in their hearts.

However, football takes the crown as the most idolized sport in the country. People of all age groups enjoy the sport. Consequently, fans bet on their favorite leagues, including the Primero A, the English Premier League, and La Liga.

Horse and dog racing tracks

Horse and dog racing tracks

Apart from common sports like football and basketball, Colombians also bet on dog and horse races. For instance, in dog racing, players can bet on an individual dog to win or even its final position.

The same case is also true in horse racing. Spectators can place bets on horses to win, place, or show. They can also engage in more complex wagers like exactas (predicting the top two finishers in order) and trifectas (predicting the top three finishers in order).

Virtual Sports

Colombian Sports Betting Sites

Sports betting has a long history in the country. It dates back to early times when players could wager on activities such as cock fights and street soccer results.

However, the sports betting landscape underwent a significant transformation when the full legalization of online sports betting happened in 2016.

This milestone led to the establishment of Coljuegos, the regulatory agency responsible for overseeing gambling activities. Coljuegos monitors sportsbooks, issues licenses, conducts market surveys and ensures compliance with responsible gambling policies.

At present, the sports betting market in Colombia is experiencing remarkable growth. It has even tempted numerous iGaming investors to constantly enter this flourishing market.

Who are these investors? What are the most popular betting sites in Columbia? Check out the most reputable ones below to help you keep up with the rise of new sportsbooks in the country.

Similar Payment Methods

Most popular casino payment methods in Colombia

Popular payment methods in Latin America are quite different from those in Europe. Although 45% of civilians in Latin America have bank accounts, only 28% use credit/debit cards. As such, card payments here are less popular.

However, this doesn’t mean there is a reinvention of the wheel. Only that some methods are more prevalent in some regions than others. Here we discuss some of Colombia and Latin America’s most popular casino payment methods.

Prepaid Cards and Vouchers

Prepaid Online Vouchers

We start with prepaid online vouchers. And there are plenty of them available in Colombia. We briefly discuss some of them below.

  • Efecty – This is one of Colombia’s most commonly used voucher payment systems —widely accepted by almost any store. You can use it for online casino deposits. All you need to do is create an online account with Efecty and link it to your bank account. From there, you can conveniently transfer funds using PSE, regulated by ACH Colombia.
  • Surtimax – Local players can also make casino deposits via Surtimax. This is a supermarket-owned voucher payment system. It works almost similarly to Efecty, only that it is more cash-based. You will use your generated voucher to fund your casino account.
PSE

PSE

This is another commonly used banking method by many Colombians. It serves as an intermediary, particularly useful when transferring funds from banks to third parties. PSE allows you to conveniently pay almost instantly without unexpected delays.

The best part is that you won’t need a credit card for these transactions. Besides, several casinos in the country accept PSE payments.

Bank transfers

Bank Transfers

This is still the most reliable and secure payment system of all time, preferably for bulk payments. Unlike other payment methods, there is no intermediary here. However, payment delays here are inevitable though you can rest assured of 100% security.

Surprisingly, most Colombian players prefer bank transfers more than e-wallets. This is perhaps due to its safety.

 

Nequi

Nequi

E-wallets should never be overlooked as they are arguably the most convenient payment method globally. However, they are less popular in Colombia.

Nequi is a locally revolutionized digital wallet loved by many Colombians. According to Forbes, the payment method currently boasts over 9.7 million users, all Colombian citizens. So you can easily see the prevalence of this digital wallet in the country. It works out exceptionally in casinos as well.

The e-wallet used to be a subsidiary of Bancolombia, the largest bank in the country. However, they have since separated.

Creating a Nequi account is free, provided you are over 13 years old. Consequently, you will have to provide your phone number and your personal identification documents.

PayPal Casinos

PayPal

Early on, there were some concerns about casinos accepting PayPal in Colombia. They were few.

But as of now, most casinos have adapted to the norm, and players are slowly adapting to these e-wallets. They are simply realizing the convenience associated with international e-wallets like Paypal.

There are no weirdo steps when using PayPal. You only need to create an account and link back your bank details. From there, you can conveniently transact seamlessly to/from your bank or casino account.

Gambling Regulator

Gambling Regulator in Colombia

Coljuegos regulates all gambling activities in Colombia. Established in 2001 by law 643, the body oversees all gambling activities in the country. It reviews and provides licenses to all casino operators. Through this, they have been able to weed out rogue operators before establishing their dominance.

They also closely monitor all licensed casinos to make sure there is no chance of any of them deviating. Regular checks and audits will monitor and regulate the casino’s operation.

Through this, they have maintained the sanity of the Colombian online gambling industry. Attracting various foreign investors to tap into the fast-growing iGaming in Latin America.

Now, this is the criteria that Coljuegos use when issuing gaming licenses:

First, you will need to be a subsidiary of a Colombian company or perhaps a leaflet offshore company. You will then have to demonstrate your financial muscle capability.

How much is your working capital, your company’s worth, and possible debts? They will only consider you if you are backed by a financial institution like a bank. This is done to guarantee compliance and other costs.

Consequently, they will check your policies regarding money laundering and responsible gambling. They will be strict on this, so you will need to redraft your policies exceptionally to meet their demands.

Then finally, they will check the reliability of your casino infrastructure. How strong or versatile are the servers? You will also be obliged to create data safes specifically for Colombian players. That is, if your servers are offshore-based.

Let’s get back to the duties of Coljuegos. Did we mention it ensures timely payment of taxes by the casinos? It does, and as per stats, this has significantly contributed to the country’s economic growth.

It is indeed “a boutique service provider,” as documented on its website. Coljuegos offers a wide range of services to casino operators. In Addition to licensing, it does marketing, regulatory processes, and consultation.

Gambling Restrictions

Colombia-specific Gambling restrictions

There are no Colombia’s specific gambling restrictions. Perhaps maybe on taxes where 20% is cut on all winnings. However, this is not a gambling restriction rather than an obligation.

As a player, you can play anywhere and as much as you want. And if you find casinos without limits, the better. No deposit, bet, or withdrawal limits unless you decide to set them yourself.

Fees And Taxes

Gambling taxes in Colombia

Like many gambling-friendly countries, Colombia charges taxes on casino winnings. They use these taxes to fund social initiatives, which is equally acceptable. Now let’s dig into details on these taxes.

Foremost, as the casino operator, the amount you pay isn’t a tax, although it is often referred to as gaming tax. It falls under royalties. Precisely, you are given the permit to run a business in Colombia.

Most gambling tax rules have remained the same since inception. Only a few amendments in Article 404-1 of the Tax Code have been made.

So all player winnings, less or equivalent to COP 1,824,192 or around USD 380, will be exempted from tax. Anything above that is taxable at a rate of 20%. This applies to all winnings as well as gambling capital gains.

Consequently, a few changes have been made in Article 306-1 of the Tax code. This specifically touches horse and dog race betting enthusiasts.

The exemption limit on race betting was set as high as 410 UVT (around COP 15,581,640 or USD 3,246). This is something the government has reviewed and perceived unattainable. It isn’t a regular income for most players.

So to close that loophole, all horse and dog race bettors will now be subjected to a 20% tax on all their winnings.

History of Gambling

History of Gambling in Colombia

To begin with, gambling in Colombia dates back to the 16th century. Spanish colonizers introduced gambling machines to the region, featuring popular games like blackjack and roulette.

Initially enjoyed by the Spanish elites as entertainment, these games unknowingly became a favorite pastime for many Colombians. However, the 19th century brought about a ban on gambling, much to the dissatisfaction of the locals.

Despite the ban, gambling continued to thrive, with many locals playing it for fun and others for money. By the 20th century, gambling would emerge as unstoppable, something that called for government intervention. So in response, the government would lift the ban and impose taxes.

They could generate income, fund development and other social welfare programs through taxes. Since then, the Colombian gambling market has significantly grown past expectations. From land-based establishments like betting shops to online sites where players can place their wagers.

To effectively regulate and ensure safe gaming practices for all players, the Colombian government established Coljuegos. This is an agency responsible for licensing and monitoring all gambling activities in the country.

Land-based gambling

Land-based Gambling in Colombia

If you prefer doing your thing physically, there are several land-based casinos in Colombia. They have been available since the 2000s when gambling was legalized. These are social gaming halls, betting shops, poker shops, and lottery shops.

However, most of these establishments were state-owned. So the government had control of their operations. This made it a way of raising taxes, not a profit-based business. But things would later change with the rise of online gambling.

The Colombian government later started approving offshore companies to run these establishments. This was a form of business, and they would get royalties in return as well as taxes on winnings.

Some of the most popular physical casinos in Colombia include:

  • Casino Luckia Bogotá – biggest poker room in Bogotá
  • Casino Rio Cartagena
  • Jack Diamond Casino Club
  • Gran Casino del Hotel Casino Internacional
  • Casino Dallas
  • Casino Hollywood Bulevar, and more
Gambling addictions help

Colombia Gambling Addictions Help

Coljuegos believes in responsible gambling. They advocate for fun, entertainment, and collaboration in preventing gambling addiction cases. From what we see, the energy they use to advocate for fair gaming practices is similar to the one for responsible gambling.

Players are at center stage when it comes to responsible gambling. They have the mandate to protect themselves.

Operators, in their case, should carefully monitor players’ behaviors while gambling. They should be in a position to tell when perhaps one of their customers needs help. And this is precisely what Coljuegos advocates for.

In advertisements, casino operators must include clauses about responsible gambling. Otherwise, Coljuegos will be on their neck.

As per Resolution 20214000036784 issued by Coljuegos in December 2021, every operator is instructed to have an employee designated for responsible gambling. This employee will ensure full compliance of the casino with responsible gaming practices.

Consequently, the operator will have to craft and submit a manual documenting how they enforce responsible gambling. And this, as per Coljuegos, touches all gambling establishments in Colombia, whether land or online-based.

Coljuegos does its best to protect the welfare of gamblers. However, the sovereign power rests on players. They can manage their gambling habits and prevent them from exceeding their expectations. Speaking of habits, here are a few alarming gambling signs you should watch out for;

  • Spending more than you can afford-Setting a budget and sticking to it can help you maintain control over your finances.
  • Chasing losses-Trying to recoup losses by continuing to gamble is a common red flag. So check on that.
  • Neglecting other responsibilities: You should have a healthy balance between gambling and other essential life aspects.
  • Difficulty controlling gambling sessions– Set time limits and stick to them to avoid obsession.

If you fall victim, a good place to start is to call 1-800-522-4700. This is a helpline dedicated to helping gambling addiction victims.

Did you know_

Did you know?

  • About 61% of all Colombians, most adults, gamble in one way or another.
  • Casino winnings exceeding COP 1,824,192 are subject to tax.

FAQs

Yes, online casinos were legalized in Columbia in 2001. But the full enactment came into effect in 2016 when the eGaming Act was approved. Since then, the industry has been booming. The government has been able to get good amounts of money to fund its social initiatives.

All gambling activities, including games of luck, are regulated by Coljuegos, an agency established in 2001. It licenses, regulates, and monitors all gambling establishments in the country. The agency is also responsible for enforcing safe gaming practices and taxes payments.

Yes, they are. All casino winnings above COP 1,824,192 are taxed in Colombia. You will have to pay up to 20% of your winnings as taxes. It is a law, so the operator must cut that percentage and channel it to the government.

Some of the most popular casino games include slot machines and poker. Slot machines, also known as “tragamonedas,” are the most popular though. There are also table games like blackjack and baccarat. Of course, sports betting is popular but not considered a casino game.

The biggest lottery award ever won was COL$117 billion ($32 million) in Balato – a popular lottery game with no jackpot cap.

As per various sources, there are over 7 million registered casino accounts in Colombia. This is just an estimate, as the number is projected to keep rising. By 2027, experts project the Colombian gambling market to reach a peak of US$1766.00m, a percentage growth of 13.11%

Final Verdict

Our Verdict

The love of gambling in Columbia is real, with many enjoying the experience. The lawmakers also embraced the activity and saw the potential to make a fortune out of it.

As a casino operator, the Colombian gambling market is your cup of tea if you are looking for Greener pastures. The regulations here are strict yet worth a while. You will get tons of players who will propel your establishment to higher heights.

The taxes are quite high yet suitable to eliminate mediocre operators. Players are well with the winning taxes, so you won’t have to test the market. It is already proven. You only need to abide by the regulation, and you are good to go.

As a player, you will be taxed. But there’s nothing to worry about since the casino will cut the amount before paying out. There’s nothing much required from your side.

For players, practicing safe gambling is inevitable. Use all the available resources in the casino to flee addiction, even if it means quitting gambling once and for all. However, if it happens that things fall short on your side, reach out to 1-800-522-4700 for help.

About the author

Stan / Casino expert

Stan is the one that founded CorrectCasinos.com back in 2018. He is really passionate about fair-play in online casinos, transparency and responsible gaming.