Colombia adds Live Casino to regulated iGaming offering18th May 2020 10:29 am GMT
Licensed online gaming operators in Colombia are set to launch live dealer casino games following the publication of enabling regulations.
The Live Casino regulations were approved in late April and published by Colombian gambling regulator Coljuegos on Friday.
They allow the country’s licensed gambling operators to offer live casino games from casinos or studios located within Colombia or overseas, subject to the certification of games by an approved testing house.
Coljuegos said that live casino will complement the existing regulated offering and serve to drive visitation to land-based casinos, while also helping to combat unlicensed operators who are already targeting Colombian players with live casino games.
It also noted the benefit of internet-based live casino games during the COVID-19 pandemic, both in terms of social distancing and funding for Colombian health care.
Live casino games must offer a rate of return to players of at least 83 per cent, and land-based venues involved in the broadcast of games must ensure that players who are physically present at a table cannot also participate in the same game remotely.