Colombian gambling regulator Coljuegos predicts that revenue from the country’s licensed gambling market is set to rise to COL$370.6bn (US$111.4m) for the full 2015 year, ahead of a drive to modernise the industry in 2016 which has already seen draft regulations for online gaming published.

Coljuegos expects income from gambling to have risen 7.6 per cent year-on-year during 2015.

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