On March 12, the Colombian government implemented emergency measures in response to severe flooding, introducing a 16% consumer tax on both local and offshore iGaming operators based on their Gross Gaming Revenue (GGR).
This decision aims to generate additional revenue to support recovery efforts in the affected regions. The tax will apply to all iGaming operators operating within Colombian jurisdiction, regardless of their location.
As the country grapples with the aftermath of the floods, this move highlights the government's commitment to both addressing the immediate crisis and regulating the iGaming sector more effectively.