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Royal Betting, a venture of local construction, commerce and services entrepreneurs, has signed on for an initial three-year term. Coljuegos boss Juan Pérez Hidalgo used the new license announcement to provide an update on the regulated market’s performance to date. Since the market’s first licensee launched in July 2017, Hidalgo said Colombian punters had wagered a total of COP500b (US$170m), while Coljuegos had collected COP15b in fees from its licensees. Around 870k Colombian punters had registered


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