Colombia has one of the most booming online gambling markets in South America. Local authorities are taking effective measures to ensure regulation of the industry. According to experts, about 59% of the country’s residents are interested in gambling. Ensuring their protection from fraudsters is one of the main goals of the Coljuegos regulator.
Our experts have prepared a review, which presents their opinion on what to expect from online gambling in Colombia in 2024. In addition, we will briefly review a few of the big brands operating legally in the country. For example, 1win (https://1winpro.co/).
How Did it Start?
Gambling in general became legal in Colombia in 1991, and in 2001 the Gambling Act was established. Its purpose was to require licensing of land-based casinos and levying taxes on them. The rapid growth in popularity of online gambling led to a natural step – the inclusion of online casino regulation in the legislation.
Colombia in 2016-17 became the first country in South America to introduce a system of online gambling regulation. The move was motivated by the local authorities’ desire to legalize offshore operators. The Coljuegos regulator compiled a list of 325 sites operating to Colombian players without a license. They were asked to obtain a license and provide local audiences with their services legally. The work to block operators who do not want to work honestly continues.
Expected Trends 2024
With Colombia’s online gambling market booming, we should expect a lot of landmark events in 2024. We have tried to predict the main trends that await local players:
- Growth in the number of licensed operators. With the industry fully regulated in Colombia, it is more profitable for online casinos to have a license than to operate illegally;
- Investment in new technologies. The online gambling industry is booming, benefiting from the emergence and development of new technologies. We should expect casinos to incorporate elements of virtual reality and artificial intelligence into their operations;
- Growing interest in online gambling. The average age in the country is 30 years old. At this age, people already have a good income and they are more interested in gambling than older people;
- The growing popularity of modern casino games. In the last few years, crash games (Aviator, Lucky Jet, JetX, Space XY, etc.) have become very popular. They are created using Provably Fair technology. We believe that this technology will be used more often, and the popularity of crash games (and they are already insanely popular in South America!) will grow;
- Increased internet penetration. Colombia continues to bring internet penetration to people from different regions of the country. This means that more and more locals will have access to gambling;
- Growth in the mobile market. This trend is in line with the worldwide trend of growing popularity of mobile gambling. Almost everyone now has a smartphone, and the ability to thereby play casino games;
- Reinforcing the importance of Responsible Gaming. Legal online casinos warn players about the risks associated with uncontrolled gambling activities. We believe that this aspect will receive even more attention than before.
It is possible that we should expect other trends as well, as the online gambling industry is developing dynamically. We will be the first to tell you about it!
Some Pivotal Brands
Currently, as you may have realized from reading our review, only legally operating online casinos can reap the full benefits of operating in the Colombian market. Operators who do not want to get a license face active opposition from Coljuegos. Given the high literacy of the local population and their awareness of the risks associated with illegal gambling, players prefer the services of legal sites. Below we will give you some examples of such brands.
1win
The place to start is 1win. This brand is present in many countries around the world, and its desire to provide services in Colombia has been enthusiastically welcomed by local players. The operator is effectively developing both the betting and gambling components of its business. Its collection features over 9,000 games from 150+ developers. 1win casino strives to please both fans of games with simple rules and fans of entertainment, in which the result is influenced by the knowledge and skills of the player.
Please note that if after registration you enter the promo code 1WINPROCO and deposit the balance for the first time, you will be awarded a 500% bonus to its amount! 1win has many other promotions as well, including a generous Loyalty Program for regular players. The brand is known for its clean reputation and honesty. This not only means that its collection features games with guaranteed fair, unprogrammed results. It also means that the company pays out winnings and provides safe and secure withdrawals. For these purposes, you can use a large selection of traditional payment methods as well as cryptocurrencies.
We are sure that even without our recommendations, when looking for a reliable online casino in Colombia, you will pay attention to 1win. Such is the fame and credibility of this brand.
| Start of work | 2018 |
| License | Coljuegos |
| Games | Slots, Table Games, Lotteries, Crash Games, Video Poker, Live Dealer Games |
| Payment options | PSE, Tpaga, Visa, MasterCard, AstroPay, MoneyGo, Bitcoin, Ethereum, Tron, etc. |
| Mobile availability | Android app, iOS app, mobile site |
| Support | Live Chat, Email, Phone Line, Social Media |
Codere
This brand has been in the industry for many years. Codere is a Spanish company that is now present in many countries around the world. It employs more than 10,000 people, which allows it to provide high quality services in Spain, Italy, Mexico, Panama, Uruguay, Argentina and, of course, Colombia. The operator emphasizes that its main value is its customers. Therefore, all the company’s business development activities are aimed at making it all benefit the players. Therefore, the high popularity of Codere among Colombians is absolutely deserved.
| Start of work | 1980 |
| License | Coljuegos |
| Games | Slots, Table Games, Video Poker, Live Dealer Games |
| Payment options | Visa, MasterCard, PSE, PAyU, tpaga, efecty, Dimonex, Punto Red, Daviplata, Via Baloto |
| Mobile availability | Android app, iOS app, mobile site |
| Support | Live Chat, Email, Phone Line, WhatsApp |
Zamba
Despite the fact that Zamba is a relatively new online casino, its creators have done a great job of making it loved by Colombian players. You can easily see that this operator is focused on the local audience. Thus it has a Coljuegos license, and transactions on the site are conducted using payment methods that are familiar in Colombia. The support service provides assistance in Spanish. Thanks to this, you can always clarify the nuances of the rules of this or that game or understand the rules of wagering bonus.
| Start of work | 2020 |
| License | Coljuegos |
| Games | Slots, Card Games, Roulette, Video Poker, Live Dealer Games, Video Bingo |
| Payment options | Baloto, PSE, tpaga, efecty, etc. |
| Mobile availability | Android app, iOS app, mobile site |
| Support | Live Chat, Email, Feedback Form |
Betsson
Betsson is one of the most famous and respected betting and gambling brands in the world. It emphasizes its efforts on operating legally. In each country where this operator’s services are present, it obtains a local license. Colombian players can be assured of the highest quality of services, as well as the comfort and safety of gaming activities.
All Betsson Colombian customers can enjoy games from the casino’s collection on both desktop and mobile devices. A wide range of local payment options are available for transactions. The support team provides reliable, quality and courteous assistance with any questions related to the site’s operation.
| Start of work | 1963 |
| License | Coljuegos |
| Games | Slots, Table Games, Crash Games, Live Dealer Games |
| Payment options | Visa, MasterCard, PSE, PAyU, tpaga, efecty, AstroPay, etc. |
| Mobile availability | Android app, iOS app, mobile site |
| Support | Live Chat, Email, Phone Line |
Our Prediction
The online gambling market in Colombia has excellent prospects. The local authorities are making the right decisions to improve the industry and protect the rights of their players. More and more operators are offering their services legally. There are reasons to believe that this trend will continue in 2024. Stay with us and you will be the first to know about everything!