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Colombia: all our coverage

22 articles on Colombia, newest first. For the regulator, licensing, tax and legal status, see the Colombia profile.

Betsson Shares Plunge as Regulatory Costs and Regional Slump Hammer Profits
Corporate

Betsson Posts a Record €326.5m Quarter as Casino Grows 14% but EBIT Falls 31%

Latin American revenue rose by more than half and casino carried a weak sportsbook to Betsson's highest quarter yet, but gaming taxes and a shrinking B2B line took almost a third off operating profit. The record also rests on the region where Brazil has already shut its market and a Buenos Aires senator wants to do the same.

Peru Regulator Reports Significant 40% Drop in Illegal Online Gambling Supply
Regulatory

Peru Bill Would Raise the Selective Tax on Online Bets From 1% to 5%

A proposal filed in Peru's Chamber of Deputies would multiply the consumption tax charged on every online stake by five, on top of the 12% tax on operators' net revenue. Operators say it could absorb more than half their gross gaming revenue; the bill's own revenue table says it is not a forecast.

Canadian senator pushes for national ban on all sports betting advertising
Regulatory

Stake Targets 12 October Alberta Launch, a Day Before the Grey-Market Cut-Off

Stake Canada Ltd. is now on the regulator's register and says it expects to be fully operational on 12 October, provided it signs an operating agreement with the Alberta iGaming Corporation. The date sits one day inside the 13 October limit for operators moving out of Alberta's grey market.

Codere up for sale with 23 billion price tag
Corporate

Codere's Seventh Straight Better Quarter Lands With Its Sale Still Unresolved

Group gaming revenue up 5.8% to €352.5 million, adjusted EBITDA up 14.1%, and the online arm's best quarter yet on World Cup stakes 180% above 2022. What the market wants is not the numbers but the answer to a strategic review that has been running since the first quarter, with Jefferies and Macquarie engaged.

Casino slot machines floor
M&A

Primero Buys Win Systems' Gaming Division and 3,000 Positions in Latin America

The Georgia manufacturer has bought the gaming operations arm of Win Systems, including its Gold Club electronic-roulette business, taking on an installed base across Mexico, Peru, Colombia, Puerto Rico and Panama. Terms were not disclosed, and the deal turns a US regional supplier into a Latin American one overnight.

Stake Goes Live in Mexico With One Eye on the World Cup
Corporate

Stake Goes Live in Mexico With One Eye on the World Cup

One of online gambling's most recognisable crypto brands has planted its flag in one of Latin America's fastest-growing regulated markets. With the World Cup arriving in Mexico this summer, the timing is no accident.

Codere up for sale with 23 billion price tag
Corporate

Codere Up for Sale with $2.3 Billion Price Tag

One of Europe and Latin America's most recognisable gambling operators is on the block. With advisors hired and a summer deadline in sight, the race to acquire Codere is already taking shape.

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