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Grupo Orenes expands its Colombia betting strategy amid tax changes

Deals & M&A

Grupo Orenes entered Colombia by acquiring a 51% share in Zamba.co with Grupo Vicca one year before the report. Álvaro Remiro Chacón, the company’s country manager for Colombia, said a new tax on online-platform deposits has affected investment, hiring and long-term forecasts, and warned that higher costs could push customers towards illegal operators.

The deposit tax may affect operators’ investment, hiring and ability to compete with unlicensed betting businesses.

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Deals & M&A

Family-owned gaming firms seek growth without losing identity, congress panel hears

Reportedly, a panel at the XIX Congreso de Juego de Castilla y León in Soria discussed how family-owned gaming companies can professionalise management and plan succession while retaining their values. Speakers included Mónica Palomares of Grupo Cocamatic and Pedro García of Grupo Orenes. The debate covered defined responsibilities, shared knowledge and generational handover.

A panel at the XIX Congreso de Juego de Castilla y León in Soria discussed how family-owned gaming companies can adapt to new business demands while keeping their identity. The roundtable, titled "El futuro de la empresa de juego: transformar sin perder la esencia", was moderated by Ramón Cubián, director general de Suelo de the Comunidad de Madrid and delegate for the ordering and management of gambling. The speakers were Eduardo Estévez, director of Empresa Familiar Castilla y León; Mónica Palomares, general director of Grupo Cocamatic; and Pedro García, director of institutional relations, communication and corporate social responsibility and general secretary of Grupo Orenes.

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