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New pari mutual sports betting offer For Coloumbia
Wednesday November 5,2014 : COLOMBIAN SPORTS BETTING LAUNCHED
Keno, Virtual sports and racing in the pipeline
A new pari mutual sports betting offer has launched into the Colombian market, the first in over ten years.
Colombian state-operated offer Las Deportivas is licenced by regulator ColJuegos and powered by Corredor Empresarial. It currently offers football betting but is expected to expand its portfolio as the regulatory framework’s modernization continues.
According to Coljuegos president, Cristina Arango, the gambling sector delivered its strongest growth in August 2014 primarily from the casino, bingo and slot game verticals:
- Slot machines showed a 7 percent growth
- Bingo increased 13 percent
- Other localised games rose almost 26 percent
- Concession contracts rose from 366 in 2013 to 384 at August 2014, a 5 percent growth.
- Taxes revenues derived from popular games such as Baloto, Revenge and Super Astro increased 22 percent in September 2014 compared to the same period last year.
The president of Federación Colombiana de Empresarios de Juegos de Azar (Colombian Gaming Employers Federation), Baltazar Medinahis, said in the past that unlawfulness, legal uncertainty, insufficient supply and a "lack of interest by the State in the sector" were all factors holding back an industry that has wide potential.
Gaming regulator Coljuegos, developed in 2012, said its aim to modernise the market are making strides with the launch of Las Deportivas while developing strong standards of operation.
Coljuegos' Arango confirmed the State expects to finalise regulations that include technical specifications pertaining to three new games; betting on racing and virtual sports by end 2014 and Keno within the first half of 2015.
"The idea is to have a wider choice of games that have proven successful in other countries, so that consumers have different options and income for health increase," Arango said.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgaming’s customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sunday’s 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at –115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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