Columbian Pari Mutueltender Process Back On Track

Expected to go live pre-2014 Brazilian World Cup

Coljuegos, the Columbian Gaming Regulator has relaunched its stalled pari-mutuel betting software tender, saying it expects its sportsbook operation to be launched in time for the 2014 Brazilian World Cup.

Following a warning to unlicensed online gambling operators from ColJeugos in March last year, limited pari mutuel sportsbetting had been given the green light in the South American country but the public software tender that was subsequently launched was suspended following public consultation (see previous InfoPowa reports).

At the time, it was estimated that income received by the State from the introduction of pari mutuel sports betting would be in the region of $12 billion in the first year of operation, rising to $49 billion by year five.

However, Finance Minister Mauricio Cardenas said in a recent press statement that initial sales are projected to reach over $38 billion in its first year of operation, and that by the fifth year, cumulative sales of the game would reach an amount close to $300 billion, providing an additional $50 billion for the health sector.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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