Colombia’s playing regulator, Coljuegos, has launched an in depth regulatory framework establishing the authorized, monetary, and technical necessities for authorising know-how operators within the raffle sector. The decision, drafted in coordination with the National Council for Games of Luck and Chance (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, by way of [email protected].
The framework covers necessities for home and overseas authorized entities, software procedures, monetary requirements, and enforcement mechanisms, with authorisations granted for a most of 5 years and topic to renewal.
Legal and Corporate Documentation
To qualify, corporations should current a Certificate of Existence and Legal Representation issued inside 30 days of software, exhibiting that the corporate’s length matches or exceeds the time period of the licence sought and that its company function immediately pertains to offering technological companies for raffles. A company decision is required if the consultant lacks specific authority to use.
Other obligatory 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 house owners; and proof of social safety and parafiscal funds for the previous six months. The most up-to-date revenue tax return or a justification for exemption have to be submitted.
Foreign corporations with a Colombian department should present native registration paperwork, whereas these with out should current official certification from their residence jurisdiction confirming existence, powers of illustration, and company function.
Financial Viability Standards
The decision introduces particular monetary indicators that candidates should meet, verified by Coljuegos’ monetary administration division. These embrace:
- Liquidity ratio of at the least 1.60
- Debt stage not exceeding 60%
- Working capital of at the least COP 6.35 billion
- Interest protection ratio of 1.80 or larger
- Positive return on fairness and return on property
Financial 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 yr, or preliminary statements for new entities.
Technical Certification and Transition Period
In line with the CNJSA decision, know-how operators should guarantee their platforms meet the Central Game System (SCJ) certification requirements, verified by accredited laboratories. Operators could have as much as six months from approval to acquire this certification.
A 12-month transition interval will enable the continued use of bodily tickets and guide gross sales whereas platforms are upgraded to adjust to the brand new technical necessities. Coljuegos’ Technology Office will conduct the technical analysis through the authorisation course of.
Application Process, Duration, and Sanctions
Applications have to be emailed to Coljuegos with all supporting authorized, monetary, and technical documentation. Once all standards are verified, Coljuegos will problem an administrative act granting authorisation for as much as 5 years. Renewal requests have to be submitted at the least three months earlier than expiry.
Coljuegos might 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 Law 1437 of 2011.
According to the regulator, these measures are designed to “guarantee the operational and economic viability of technology companies 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 making certain accountable and clear operations nationwide.
Source:
Coljuegos abre a observación proyecto de resolución para operadores tecnológicos en rifas, coljuegos.gov.co, August 2025.
