Colombia is another market that has been recently regulated, but this does not mean that lots of unlicensed bookmakers have not keeping operating in the territory. All this though is about to change, since ColJuegos, which is the Colombian gambling authority is preparing to block around 300 unlicensed operators from operating in the market. Those bookmakers have not shown any interest on legalizing their operations yet and they have asked by the authorities to begin the process of blocking access to the Colombian market.
Juan Pérez Hildago, who is the ColJuegos president commented: «We are the first country in Latin America to regulate gambling, and we did it by reviewing not only legislation in Spain, France and the UK, the most advanced regulatory regimes in the industry, but also by assessing other technical elements and game trends. This [licensing] will allow us to obtain more resources for health and ensure that Colombians who use these operators are assured that they will not be taken advantage of and that operators will honor their premiums.».