Coljuegos releases public consultation matrix on lottery operator regulations

Coljuegos, the Colombian gambling regulator, has published the results of a recent public consultation process.

The official matrix includes observations and responses on the resolution that sets legal and financial requirements.

It applies to third-party legal entities seeking authorization as technological operators in the systematized operation of games of chance and luck in the lottery modality.

The regulatory body is encouraging citizens and industry stakeholders to review this comprehensive document, which compiles all submitted observations along with the entity’s official responses to each concern raised during the consultation period.

According to the matrix, industry representatives raised questions about the proposed financial requirements, particularly regarding working capital and guarantees. Some argued that the obligations were disproportionate compared to other regulated services and that they could limit competition or discourage new operators. Coljuegos responded by emphasizing the importance of financial solvency as a safeguard for consumers and the system’s sustainability.

Another point of discussion involved the duration of authorizations. Stakeholders asked for clarity on the type of licenses to be granted and their validity period, noting that short authorizations might reduce incentives for investment. In its response, Coljuegos confirmed that the validity periods are defined within the resolution and emphasized that they are consistent with the regulator’s oversight framework.

Business associations also commented on how the draft defined third-party legal entities, requesting broader interpretations to avoid restricting market participation. Coljuegos acknowledged these concerns and noted that some suggestions would be reflected in the final text of the regulation.

Good to know: In April, Coljuegos published Keno draft specifications in SECOP II for review and feedback

Concerns about innovation and consumer protection were also highlighted. Some observers argued that strict requirements could limit entrepreneurial activity and technological development. Others questioned whether the proposed guarantees would be effective in protecting players. Coljuegos replied that the framework aims to balance innovation with responsible oversight and reiterated that guarantees are an essential instrument to ensure compliance and protect end users.

The matrix also records technical observations on financial indicators and their applicability. Stakeholders suggested that certain metrics may not reflect the operational realities of lottery-related businesses. Coljuegos maintained that the indicators are necessary for proper evaluation but indicated that comments will be taken into account in future regulatory reviews.

Through this process, Coljuegos sought to provide transparency and to incorporate industry feedback while maintaining its regulatory objectives. The final resolution, once issued, is expected to set the legal and financial conditions under which technological operators may participate in Colombia’s systematized lottery market.

Alex Rivera

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My goal is to explain how gaming, esports, and betting intersect in ways that readers can actually understand, without stripping away the entertainment that makes the space compelling.

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