SORA Lawyers argues Colombia prediction markets need regulatory reform
An opinion column by SORA Lawyers associate Juliana Duque argued that Colombia’s prediction-market rules may lead to further platform blocking without regulatory reform and debate. It cited Coljuegos’ 29 September 2025 order to block one platform, which the regulator classified as unlicensed gambling.
Operators in Colombia face uncertainty over whether prediction-market contracts fall under gambling rules and require prior authorisation.