Colombia Launches Blockchain-Enabled Keno Lottery
Introduction of Blockchain-Based Keno in Colombia
Colombia’s gambling regulator, Coljuegos, has approved the operation of a new Keno game that utilizes blockchain technology. This initiative marks one of the earliest blockchain-supported lottery games in Latin America. The government anticipates that this innovative game will contribute over COP 485 billion (around $125 million) to public healthcare funds during the next five years, while also stimulating growth in the country’s gambling industry.
Projected Revenue and Nationwide Availability
Keno, a draw-style game gaining traction worldwide, will be accessible across all 32 departments of Colombia. Market forecasts referenced by Coljuegos suggest that sales may surpass COP 2.3 trillion (approximately $587 million) over the following five years. The blockchain-ticketing system is designed to enhance transparency, improve tracking, and reduce opportunities for fraud in the game.
Gameplay Mechanics and Betting Options
Players select 10 numbers from a pool of 1 to 80, hoping to match them against 20 numbers drawn randomly by a certified Random Number Generator. The amount won depends on how many selections match the draw, with payout amounts varying according to the wager placed. Bets will range from COP 1,000 (roughly $0.26) to COP 20,000 (about $5.10), and the largest initial jackpot can reach up to COP 1.68 billion (about $428,500).
Frequent Draws and Accessibility
Keno draws will occur regularly throughout the day, with intervals between 6 and 10 minutes, offering between 144 and 240 rounds daily. Results will be publicly shared via digital platforms such as YouTube and the official game websites. Players can participate either at physical terminals or online through authorized digital channels. Coljuegos plans to set up over 16,000 sales locations across the country to broaden access.
Economic Impact and Sector Innovation
According to Marco Emilio Hincapié, president of Coljuegos, the concession was awarded through an open and competitive bidding process involving several applicants. He highlighted that introducing this product represents a major advancement in Colombia’s gambling industry by promoting innovation and modernization. Moreover, it is expected to shift more players towards regulated platforms, thereby limiting illegal market activities.
Preparation and Launch Timeline
Operators approved to offer Keno will have a four-month period before launch to establish the necessary infrastructure and meet all security and technical standards. The game is scheduled to debut in January 2026. This development aligns with Coljuegos’ mission to enforce stringent oversight while fostering innovation and flexibility within the nation’s gambling environment.
Regulatory Context and Commitment
The launch of Keno comes amid increased regulatory measures in Colombia’s online betting sphere. Recently, Coljuegos directed internet providers to block access to certain unauthorized betting platforms, including those involving political and cryptocurrency wagers. The authority stresses the necessity of regulatory approval for all types of betting activities to ensure compliance and protect consumers.
