Columbia Online Gambling undergoes shake up
Last week the Columbian Government endeavoured to control gambling. The shake up was an attempt to profit from and control Columbia online gambling.
The national gambling regulator, Coljuegos announced a blackist of 325 gambling websites which would be banned by Federal Government. That followed a failed attempt by government to get the online casinos to sign up for an online gambling licence at a cost of $160,000 dollars. The government is taking a tough approach to legalisation of online casinos in Columbia. The online casinos remain withdrawn from applications at the moment.
In addition to the licencing fee the government introduced a 16% VAT tariff on player deposits which might also have been a bridge to far for the online casinos. It has since been marginally reduced by 1%.