Colombia to overhaul slot machine regulation in 2024

Colombia to overhaul slot machine regulation in 2024

Article brief provided by SBC News
  • Ted Menmuir, SBC News
December 11, 2023 7:40 PM
  • Ted Menmuir, SBC News

Coljuegos, the Federal Gambling Authority of Colombia, has published plans for a ‘regulatory project’ to overhaul the rules on owning and operating electronic slot machines (ESMs).

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The regulator plans to initiate the project in 2024, a move deemed critical as Coljuegos seeks to terminate the ‘illegal economy’ of unauthorised ESMs operating across Colombia’s 32 federal territories.

The project is accompanied by a ‘public comment period’ open until 14 December, to allow industry stakeholders and interested parties to submit feedback on initial proposals.

According to Coljuegos, the project aims to promote “territorial development with the replacement of illegal economies with legal ones, considering the productive capacities of intervened areas.”