iGC by Henk Wolff

All 49 licence regimes

Latin America

Colombia licence.

Coljuegos

~30 licensed operators. Bplay, Codere, Betsson, Betano, Wplay among major names.

What the regulator asks for

Year one cost

€250k+ annual

Annual fixed licence fee 811 monthly minimum wages (~€250k/year). 3-5 year licence term.

Timeline

4-6 months

Coljuegos was the first LatAm regulator (2016). Process is mature.

Gaming tax

Decree 240/2026 establishes a 16% national consumption tax for internet gambling on the specified GGR base during 2026, in addition to Coljuegos concession/operating fees. The earlier blanket '19% VAT on GGR from January 2026' statement is not a reliable current summary. Verify the emergency decree's continuing legal force and any court decisions before budgeting.

Marketing climate

Moderate. Bonus advertising regulated.

The market

Colombia operates a regulated online-gaming market under Coljuegos. Its 2026 tax framework has changed through emergency decrees: Decree 240/2026 introduced a 16% national consumption tax for online gambling on the specified GGR base. The older deposit-VAT discussion does not replace the operative law; obtain current DIAN and legal confirmation.

How the application runs

Coljuegos application via Colombian entity. Technical certification. Local hosting elements.

Ongoing compliance

Self-exclusion register. AML under Colombian framework. Real-time Coljuegos data feed.

What you can and cannot say

Moderate restrictions. Affiliate accountability with operator.

The honest read

What it means for your plan

First LatAm regulator and structurally credible. The deposit-VAT episode showed political risk but also showed the regulator can self-correct. Suited to operators with serious LatAm thesis.

For operators planning next steps

From a licence comparison to an operator launch plan

Fees and requirements alone do not establish eligibility or readiness. Confirm current regulatory conditions with the authority and then plan product, payments and implementation.

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Weighing up Colombia?

One sentence is enough. I read these myself and reply with three actions you can take.

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