Wednesday, January 16, 2019
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Tag: Colombia

Colombia’s gaming industry looks to the future

Colombia gaming industry politics
In an abridged version of his keynote address at the Gaming: An Innovative Industry forum, Evert Montero Cárdenas, president of trade body Fecoljuegos, highlights the progress Colombia's gaming industry has made in recent years and identifies the challenges still ahead. On this occasion the business people in the industry, headed by Fecoljuegos, want to use this forum to show the...

Colombia’s gaming industry calls upon government to address tax concerns

TAXATION, Colombia, tax, gaming
Speaking at the second edition of Gaming Market Colombia this October, Evert Montero Cárdenas, president of trade body Fecoljuegos, called on the government and the regulator to take a fresh look at the current tax rate for gaming operators. “We urgently need to revise and consider a tax rate to help this business to become both more competitive...

Asojuegos appoints new president

The Colombian Association of Gaming Operators (Asojuegos) has appointed lawyer and politician Juan Carlos Restrepo Escobar, as its new president. A former senator, Restrepo Escobar, served in the Colombian Congress for 16 years as representative for the Cambio Radical party, and has maintained close ties to the gaming industry. “We want to extend our most sincere congratulations to Dr. Juan Carlos...

Juegos Miami initiative brings industry round a table

Juegos Miami Round Table
‘One of the most significant gatherings of gaming thought leaders in the region’ is how Greg Saint, Director responsible for Juegos Miami described the Country Round Table initiative, which took centre stage on the opening day of the Miami based event...

Colombia set to inspire at Juegos Miami

Evert Montero Canderas Juegos Miami Colombia
The Colombian market will take centre stage at this year’s Juegos Miami, the unique C-Level event for the Pan Latin American and Caribbean gaming industry with the conference organiser’s, Clarion Gaming, set to present the country with the title Jurisdiction of the Year...

WPlay to focus on responsible betting at Juegos Miami

Julio Tamayo, MD at
As the first operator to acquire an online licence in Colombia, WPlay holds a unique position in the country and across the Latin American region and has stated it will focus on “responsible, safe and transparent” betting at Juegos Miami

CasinoFlex Systems has ‘promising debut’ at the FADJA show in Colombia

Tim Klok
Casino management systems developer, CasinoFlex Systems International, said it had a “debut to remember” at the FADJA show in Colombia. Visitors came from all over Latin America and the Spanish company said it made great use of the chance to network with operators and show its latest offerings. “Systems was the buzz word at the show and we were very proud...

WPlay: Juegos Miami key to Colombian online revolution

Julio Tamayo, MD at
The pioneering, the first operator to acquire an online licence in Colombia from Coljuegos, believes that one of the main talking points at this year’s Juegos Miami (May 30 – June 1, Biltmore Hotel, Miami), on what is already a comprehensive agenda covering the Pan-Latin American regions, will be the success of regulatory changes and social acceptance in...

Zitro to bring latest products to Fadja expo

fadja zitro
At Fadja Colombia booth 57, Zitro will be showcasing the latest of its growing and successful range of products for Casinos operators. Under its brand of Video Slots BRYKE, Zitro will showcase its latest progressive banks, all of which are multi-games, and are designed to offer the widest range of experiences to the players and the highest profits for operators. These...

Evert Montero Cardenas looks ahead to Juegos Miami

Evert Montero Canderas Juegos Miami Colombia
Evert Montero, non-executive Chairman of Juegos Miami and President of Colombian trade body, Fecoljuegos, sets out the key objectives of this year’s event, why Latin American is a continent full of surprises, and his aspirations for Juegos Miami to become the biggest event in the world. Have you set out any objectives for your term of office as Chairman of...

Overtaxed: Tax burden on Colombia’s land-based sector unlikely to lessen in 2018

ICR 185 LATAM COLOMBIA tax Evert Montero Cárdenas
Evert Montero Cárdenas, president of Colombian trade body, Fecoljuegos explains how the tax burden on the land-based sector continues to put operators under pressure.   While the Colombian economy looks set to recover from the downturn in crude oil prices, the government’s need to fill a hole in public finances means that the tax burden on land-based casino operators is...

Country Roundtables return for Juegos Miami

Juegos Miami Roundtables
Juegos Miami, the unique invitation only, C-Level event for the Pan Latin American and Caribbean gaming industry, taking place at The Biltmore Hotel, Miami, May 30 – June 1, will be providing delegates with an unrivalled opportunity to engage with the region's key decision makers courtesy of a series of country specific roundtables.   The initiative will bring together regulators from...

EGT land new installation deal at Codere’s Colombian casinos

After a year and a half of multitude installations the office of Euro Games Technology in Colombia has made another large-scale delivery for Codere in the country.   The world-famous casino operator and long-term partner of the manufacturer has again opted for EGT machines for ten of its gambling establishments this time adding some new product solutions to the traditionally preferred...

Colombia regulator issues first online licence

Casino Review - Colombia iGaming regulation
Colombia’s national regulator Coljuegos has awarded the country’s first online gaming licence to Aquila Global Group.   The Medellin-based company will launch, aiming to build  user base of over a million during the term of the contract, creating around 3,000 jobs. Analysts believe the Colombian online gaming market could be worth as much as $8bn in revenue in its first year....

EGT installed across Winner Group CIRSA venues

ICR - EGT Winner Group CIRSA
Winner Group CIRSA, one of the largest operators in Colombia, has selected EGT’s P-24/24 Up slot cabinet for four of its gaming establishments in the region.   The casinos, located in Bogota, Medellin, Cali and Buga, received recently 15 machines of the bestselling EGT model. EGT supplied Orange and Green multigames of Collection series, and claims the Premier Fruits mix and the...

The importance of business friendly regulation is the drum beat at Juegos Miami

Juegos Miami - Day One
The 2017 edition of Juegos Miami is living up to its vision to be a cockpit for gaming debate with an audience of thought leaders providing expert insight on the opportunities and challenges in the region.  The importance of achieving progressive regulation which is business friendly was a constant theme which underpinned many of the discussions.   Ewa Bakun, Clarion Gaming’s...

LatAm gaming needs a strong Juegos Miami to really progress, states Zuum Gaming, Director

ICR - Zuum Gaming Juegos Miami Igor Cimerman
"A strong Juegos Miami is essential if we are to have a strong and really vibrant industry in the region" argued Igor Cimerman, Director of electronic table games developer, Zuum Gaming.   As Zuum which has a strong presence throughout the majority of countries in Latin America, prepares to attend the bespoke business event, he explained: “It’s invaluable for gaming interests in LatAm...

Cigar sponsorship tells a memorable story at Juegos Miami

Cigar sponsorship tells a memorable story at Juegos Miami
Online IPS, which provides payment solutions to business owners struggling with the routine merchant services, will be making its presence felt at Juegos Miami in a creative fashion. The company’s Brazilian Co-Founder, Witoldo Hendrich Jr., discusses the central role of Juegos Miami to the development of gaming in the region, the importance of engaging with governmental decision makers and what inspired them to sponsor...

Merkurstar is set to shine brightly in Colombia

ICR - Merkurstar Colombia
In true Merkur Gaming Colombia fashion the company held a spectacular and creative launch event for the Merkurstar, held exclusively for a gathering of A-list operators.   Before they even had the chance to see Merkurstar for themselves, a group of leading Colombian operators had been royally entertained as they set about solving a series of puzzles that led them to locate...

Win Systems reflects on successful showing at FADJA 2017

ICR - Win Systems FADJA
Leading technology and gaming supplier, Win Systems, continued its expansion in 2017 with a successful exhibition at FADJA 2017 in Bogota, Colombia.   The company claims it experienced “unprecedented footfall” at its stand over the two days at FADJA where Win showcased a number of gaming machines, including its immersive S2 and S3 slots, which were prominent throughout the exhibition. In addition,...

BMM Testlabs to attend FADJA as Colombia’s first licensed gaming lab

ICR - FADJA BMM Testlabs
Following its accreditation by Coljuegos last year as Colombia’s first gaming test lab to be licensed under new regulations, BMM Testlabs will be attending FADJA.   BMM Testlabs, the world's leading gaming testing laboratory and technical consultancy, will be presenting its full range of services at the upcoming FADJA 2017 taking place in Bogotá, Colombia on April 26-27, 2017. Marzia Turrini, SVP...

Fecoljuegos optimistic about iGaming but not single sites

Casino Review - Fecoljuegos
Fecoljuegos has claimed it is optimistic about online gaming possibilities, but not so enthused by Colombia’s single sites proposal.   Colombia is facing regulatory changes, most welcome, and some - well, not so much to the liking of the trade association Fecoljueogos. With the regulator under scrutiny due to corruption charges, and a banking system that simply won’t play ball, what...

LatAm operators look for a complete banker

Casino Review - LatAm operators
Minnesota economist Paul Westerburg once wrote, “if being wrong’s a crime I’m serving forever”. With Colombia’s banks under increasing pressure from international financial regulators, the country’s operators could face a tough task getting nervous bankers to re-evaluate their negative view of the industry. Edward Lowton asks who in this case is actually guilty of the crime of being wrong,...

Tax burden on Colombia’s casinos could make sector unsustainable

Casino Review - Colombia's market
Dedicated to defending the interests of Colombia's gaming operators, trade association Fecoljuegos has played an active role in lobbying both the regulator, Coljuegos and the National Congress. The association’s president, Dr. Evert Montero Cardenas, gives an overview of the Colombian gaming landscape in 2017.   A significant issue for Colombia's operators has been Coljuegos’ requirement that all gaming machines be connected...

Tom Horn to introduce its omni-channel solution for LATAM markets at FADJA

Casino Review - Tom Horn FADJA 2017
Tom Horn has confirmed it will be continuing its drive into the Latin American market as it returns to FADJA in April. Following a number of key networking meetings at ICE 2017 with operators in the region, the company explains why it is keen to consolidate its position in the LATAM market. Tom Horn Gaming has announced they will be...

Aristocrat to debut Zorro at Fadja exclusively for Latin America

Casino Review - Aristocrat Zorro Mighty Cash
Aristocrat has confirmed it will debut its latest slot game, Zorro Mighty Cash, designed exclusively for the Latin American market at Fadja 2017.   The leading gaming solutions provider, Aristocrat, will unveil its latest slot game designed exclusively for the Latin American market, Zorro Mighty Cash™, at this year’s Fadja Colombia show. Aristocrat has a successful history in Latin America, and the...

Alfastreet to strengthen position in Colombia at FADJA

Casino Review - Alfastreet Colombia Fadja
Alfastreet will co-exhibit with its exclusive distributor, Alfastreet Colombia, at this year’s Fadja to be held in Bogota on April 26th & 27th 2017.   The leading gaming manufacturer, Alfastreet, has confirmed it will be continuing its push into the Colombian market when it co-exhibits with its exclusive distributor in the region, Alfastreet Colombia, at this year’s Fadja exhibition. The company claims...

Colombia’s regulation rewired for iGaming

Casino Review - Colombia iGaming regulation
One of the most successful economies in South America, Colombia is emerging as an iGaming jurisdiction and the country’s first online operators could be up and running by April.   Home to 48 million people, Colombia has the third-highest population in Latin America, just over half of whom are internet users. “In general, regarding the Colombian population, our studies calculate that 59...

EGT makes strong entrance on the Colombian stage

Casino Review Euro Games Technology
Euro Games Technology (EGT) made a dramatic début on the Colombian market with the large-scale installation of 128 cabinets in over 20 casinos and gaming halls belonging to casino operator Codere.   The installations reflected EGT’s stated ambition to achieve a wide presence in Colombia, which the company sees as one of the countries with the highest gambling potential in the...

Euro Games Technology open new Colombia office

Casino Review EGT Colombia
Euro Games Technology opened a new office in Bogota, Colombia, after researching on the local market and finding high sales potential for its machines. The trade and service center is headed by Silviya Marinova – a professional with 12 years of experience in the gaming industry and part of the EGT team for about a year. Elaborating on the reasons that...