Columbia
A staggering 82% of Colombians participate in gambling games of chance - a high engagement rate that underscores a deeply ingrained culture of gambling in society. Moreover, it goes some way towards explaining why the online gambling market in Colombia is booming, with revenue projected to reach USD 2 billion by 2026. This remarkable growth highlights the immense potential for operators entering the market.
Colombia was the first Latin American country to regulate online gambling, setting a precedent that has inspired neighbouring countries to follow suit. Since 2016, the country’s trailblazing approach has transformed Colombia into a thriving market for iGaming operators. Our market report for Columbia unveils the massive potential of this rapidly growing jurisdiction. It explores key aspects contributing to its ongoing success, the main revenue segments, and how each contributes to the overall picture. In addition, it gives an overview of the leading operators and market share distribution.
With its dual focus on current market conditions and future projections, the report explores upcoming trends and forecasted developments that will shape the Colombian iGaming industry in the years ahead. For iGaming operators, it aims to clarify where opportunities and challenges lie for operators considering market entry.
Read the full report today and equip yourself with the knowledge necessary for success in the burgeoning Columbian market.
