The changes come on the heels of a massive tax increase implemented months ago
Colombia has introduced new tax rules that redefine how gaming operators handle bonuses offered to players. The country’s gambling regulator, Coljuegos, detailed the updated structure following the government’s earlier decision to apply a Value Added Tax (VAT) on gambling deposits. The goal is to prevent operators from using promotional bonuses to reduce their tax burden while ensuring a stable flow of revenue to the state.
Under the new system, operators will pay VAT on playable bonus credits if those bonuses represent less than 1.6% of their total monthly gross income. However, when a company’s average monthly bonuses exceed the amount of exploitation rights paid over the past year, those bonuses will not be taxed. New operators entering the Colombian market will receive a provisional lower threshold during their first year to help them adjust.
Coljuegos stated that noncompliance with the rules will lead to financial penalties. The regulator said the move is intended to close loopholes and promote transparency, ensuring that bonuses are used responsibly rather than as a means to offset taxes. This approach aligns with Colombia’s broader effort to modernize its gambling industry through clearer financial accountability and regulatory oversight.
The update comes amid other recent reforms in the country’s gaming landscape. Earlier this month, Colombia legalized keno games in four regions, including Bogotá. The regulator also signed a new partnership with Valle del Cauca officials to strengthen efforts against illegal gambling operations.
These new bonus taxation measures signal Colombia’s intent to refine its growing online gaming sector. By introducing a fairer system for both operators and regulators, the government aims to sustain market integrity while increasing tax revenue that can support public programs in health, culture, and sports.