Fecoljuegos warns Colombia’s 16% online gambling tax could weaken legal market
Colombia’s new 16% consumption tax on online gambling has drawn criticism from Fecoljuegos president Evert Montero Cárdenas, who said its treatment of deposits and gross gaming revenue creates legal and operational uncertainty. He warned that poorly structured taxation could weaken licensed operators and benefit illegal activity, and called for technical talks with the government.
The tax’s calculation basis could affect operators’ tax liabilities and the legal market, according to Fecoljuegos.