Colombia’s playing regulator, Coljuegos, has launched an in depth regulatory framework establishing the authorized, monetary, and technical necessities for authorising expertise operators within the raffle sector. The decision, drafted in coordination with the Nationwide Council for Video games of Luck and Probability (CNJSA), goals to formalise the systematised operation of raffles, enhance oversight, and guarantee stability within the sector. The draft is open for public remark till August 20, 2025, through [email protected].
The framework covers necessities for home and overseas authorized entities, utility procedures, monetary requirements, and enforcement mechanisms, with authorisations granted for a most of 5 years and topic to renewal.
Authorized and Company Documentation
To qualify, firms should current a Certificates of Existence and Authorized Illustration issued inside 30 days of utility, displaying that the corporate’s length matches or exceeds the time period of the licence sought and that its company objective immediately pertains to offering technological companies for raffles. A company decision is required if the consultant lacks express authority to use.
Different necessary paperwork embrace copies of ID for the authorized consultant, accountant, and statutory auditor; proof {of professional} registration for the auditor; an up to date shareholder composition certificates itemizing final pure particular person homeowners; and proof of social safety and parafiscal funds for the previous six months. The latest revenue tax return or a justification for exemption have to be submitted.
Overseas firms with a Colombian department should present native registration paperwork, whereas these with out should current official certification from their dwelling jurisdiction confirming existence, powers of illustration, and company objective.
Monetary Viability Requirements
The decision introduces particular monetary indicators that candidates should meet, verified by Coljuegos’ monetary administration division. These embrace:
- Liquidity ratio of a minimum of 1.60
- Debt stage not exceeding 60%
- Working capital of a minimum of COP 6.35 billion
- Curiosity protection ratio of 1.80 or increased
- Constructive return on fairness and return on property
Monetary statements have to be ready in step with Colombian accounting requirements (NIIF), licensed by the authorized consultant and accountant, and, the place relevant, audited by the statutory auditor. Statements have to be dated as of December 31 of the prior fiscal 12 months, or preliminary statements for brand new entities.
Technical Certification and Transition Interval
In keeping with the CNJSA decision, expertise operators should guarantee their platforms meet the Central Recreation System (SCJ) certification requirements, verified by accredited laboratories. Operators can have as much as six months from approval to acquire this certification.
A 12-month transition interval will permit the continued use of bodily tickets and guide gross sales whereas platforms are upgraded to adjust to the brand new technical necessities. Coljuegos’ Know-how Workplace will conduct the technical analysis through the authorisation course of.
Utility Course of, Length, and Sanctions
Purposes have to be emailed to Coljuegos with all supporting authorized, monetary, and technical documentation. As soon as all standards are verified, Coljuegos will challenge an administrative act granting authorisation for as much as 5 years. Renewal requests have to be submitted a minimum of three months earlier than expiry.
Coljuegos could revoke or amend an authorisation if a breach of obligations below the decree, the technical necessities annex, or the authorisation act is confirmed, following the process in Article 47 of Legislation 1437 of 2011.
In line with the regulator, these measures are designed to “assure the operational and financial viability of expertise firms that run raffles in Colombia” and to take care of public belief within the systematised operation of video games of probability. The mixed authorized, monetary, and technical requirements are anticipated to modernise the raffle sector whereas guaranteeing accountable and clear operations nationwide.
Supply:
Coljuegos abre a observación proyecto de resolución para operadores tecnológicos en rifas, coljuegos.gov.co, August 2025.
