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Colombia aims to legalise liquidity pooling, live dealer and virtuals

Colombian gambling regulator Coljuegos has published a draft decree which aims to legalise a number of new iGaming products, as well as allowing licensees to pool poker and exchange betting liquidity internationally.

Coljuegos said that international liquidity sharing based on the close cooperation of international regulators would boost the local market, citing the Southern European poker liquidity agreement signed earlier this year by France, Italy, Portugal and Spain as an example.

It also noted that the UK, Denmark, Belgium, Estonia, Greece, Romania, the Czech Republic and the German state of Schleswig-Holstein have all been involved in discussions over player pooling.

The proposal would require all pooled liquidity games in the country to be played in Colombian Pesos, with licensees responsible for ensuring the correct exchange rate is applied to international players. Using virtual currency and cryptocurrency to play is expressly forbidden.

The draft decree also aims to expand the range of available games to include live dealer roulette, blackjack and baccarat games, virtual sports, keno and online scratchcards.

Coljuegos explained that it is necessary to expand the list of authorised games to ensure that licensed operators can remain competitive by catering to as wide a range of players as possible.

The new games were selected by the regulator following discussions with operators, and an analysis of the original list of approved products set out in May last year. To date, virtuals have only been allowed in the country's land-based market, while the original iGaming legislation only approved casino games powered by a random number generator (RNG).

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