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Concessions to have horse-race gambling are good for up to ten years. Betting organizations can also be lawfully work in Colombia only when they receive local certificates, in cases like this concession deals. Instead of in other jurisdictions, in which every type out of gaming activity requires another permit, Colombia have adopted a single-licenses design. This system saves operators the effort of obtaining individual permits for each and every betting group. Ranging from 1810 and you will 1991, Colombian government accepted playing properties even though including points weren’t yet legitimately approved. Inside 2001, the government commercially legalized playing to operate a vehicle violent elements out and you will control the new corruption that had long plagued the fresh industry.
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