Fecoljuegos warns that a 19% tax on online gaming deposits distorts the tax base, strengthens illegal operators and undermines Colombia's licensed betting.
The operator has expanded its sportsbook offering through a new content distribution agreement with BETER, bringing esports and short-format sports tournaments to multiple regulated jurisdictions in Europe, Africa and South America.
Yuri streamed several TaDa Gaming titles over the summer, with his Lucky Jaguar 2, Fortune Coins, Fortune Gems 500 and Lucky Tiger videos reaching five million total views.
Colombia's gambling regulator said the Swedish domain was blocked in 2021 for promoting illegal betting.
The online portal has been included on Coljuegos' list of websites which promote or operate illegal gambling since 2021, under the administration of former President Iván Duque.
Colombia's localized gaming sector has become the country's largest contributor of resources to the subsidized health system, according to data presented by Coljuegos during the IX National Compliance Meeting.
The regulator highlighted COP 9.5bn from online gaming VAT and strong transfers from monopoly rents supporting health and peace initiatives.
Betsson highlights safer gambling during European Safer Gambling Week while EstrelaBet debuts a fully AI-generated campaign.
Total revenue for the quarter reached €47.7m, while the company reported a net loss of €1.7m for the first nine months of the year - an improvement on the €3m net loss reported in Q3 2024.
Arildsson will succeed Oscar Iglesias, bringing over 25 years of financial experience to the company's board.