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Colombia Looking To Block Online Gambling Payment Providers

We reported in the past on Columbia becoming the first South American jurisdiction to formally regulate and legalize online gambling. This was fueled by the granting of the first online license to local operator In addition to the granting of a local license. Colombia’s gaming regulatory agency Coljuegos also blacklisted illegal international operators in an effort to create a level playground for local licenses which has not gone too smoothly. On Tuesday Juan B. Perez Hidalgo, president of the Coljuegos said at a an Event of Accountability at the Ministry of Finance that they plan on taking “step up actions against illegal games of chance.”

Hidalgo said that the regulator also planned to “intensify controls and we will seek the tools that the law allows us to reach people who are literally stealing resources for the health of Colombians.”

One of the measures looking to be implemented was the possibility of holding meetings with the financial sector that would block payments to international gambling sites that were not regulated and that were serving local punters.

Gomez believes that payment blocking will help a lot in making them more effective in the fight against illegal international operators.

Author: Victor

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