Simon’s Guide to Gambling and Casinos in Panama

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A picture of Panama City - an illustration to my guide about gambling and casinos in Panama.

Simon’s Guide to Gambling and Casinos – Panama

Most forms of gambling are legal and regulated, therefore, you can find many bingo halls, sports books, and casinos in Panama. Panama is also a recognised online gambling jurisdiction.

Panama, officially called the Republic of Panama, is a Central American country. It is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean to the north and the Pacific Ocean to the south. The capital and largest city is Panama City, the metropolitan area of which is home to nearly half of the country’s population of 3.9 million.

Panama has very liberal gambling regulations, which applies to online gambling as well. Legally operating brick and mortar casinos, bingo halls and betting shops are abundant in the country. However, in order to receive a license from Panamanian authorities, these venues must reportedly adhere to strict rules and standards. Through most of the 20th century, only the government was allowed to operate casinos in Panama. It was only in 1997 that the country opened the door to private operations. This gave a huge boost to the Panamanian casino industry. In Panama, lottery is also legal and has been legal for pretty much the whole 20th century since 1903 when the country gained its independence from Colombia. All gambling in the country is controlled and licensed by the Gaming Commission (Junta de Control de Juegos), which is a part of the Ministry of Economy and Finance.

Panama is also a recognised online casino licensing jurisdiction. However, it is reported, that the licensing is conducted in a rather laissez-faire manner and online casinos registered in Panama are not strictly audited. Basically, all operators that have the money to pay the fees and don’t do anything conspicuous or illegal can obtain and maintain their Panamanian license. Therefore, the reputability of Panama licensed online casinos and gambling sites can vary greatly. Panamanian players are free to gamble on foreign online gambling platforms and they’re not restricted from using the sites of locally licensed operators either. 

 

 

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Casino gambling in Panama

 

Online casino gambling in Panama: legal, licensed

 

Casinos are legal in Panama. Such venues are regulated and licensed by the Gaming Commission (Junta de Control de Juegos) and must meet strict standards in order to obtain and retain their permit. There are 29 casinos in Panama, 18 of which can be found in the capital, Panama City. However, most of these venues are reportedly slot halls with no table games.

Online casinos in Panama are also eligible for a license from the Gaming Commission. The standards these operations must adhere to are, however, not as strict as their land-based counterparts’. Locally licensed online casinos can accept registrations from the country, and Panamanian players can also freely wager on foreign online casinos from Panama.

The following online casinos accept players from Panama:

A banner advertisement (728x90 pixel) for BGO - Beat The Boss online casino. BGO is one of the many casino, which accept players from Panama. The animated banner reads: bgo, 200 free spins and 200% bonus, BEAT the BOSS, join now.

BGO casino – accepting players from Panama

 

This is a picture of 32 Red's animated GIF banner. 32 Red online casino accepts players from Panama. The animated GIF reads: 32 Red online casino, sign up now, $10 free no deposit required, Gambleaware.co.uk.

32 Red casino – accepting players from Panama

 

This is an animated GIF banner ad of Betsson casino. Betsson casino accepts players from Panama. On the banner you can read the following: will you be the next winner?, 100% up to £100, claim your welcome bonus.

Betsson online casino – accepting players from Panama

 

This is an animated GIF banner ad of Betsafe casino. Betsafe casino accept players from Panama. The text on the banner ad reads: Betsafe, 50% deposit bonus up to €25, plus 50 free spins on Gonzo's Quest.

Betsafe online casino – accepting players from Panama

 

This is an animated GIF banner of Casino Euro. Casino Euro is one of the many online casinos, which accept players from Panama.

Casino Euro – accepting players from Panama

 

This is an animated GIF banner ad of the online casino Black Lotus. Black Lotus casino accepts players from Panama. The animated banner reads: elemental 7, play now, Bonus code: Earth, 10 free spins.

Black lotus casino – accepting players from Panama

 

This is the animated GIF banner ad of Lotus Asia online casino. Lotus Asia online casino accepts players from Panama. The animated banner reads: get $1000 free, download, instant play.

Lotus Asia casino – accepting players from Panama

 

This the banner ad of Gt Bets online casino. The online casino accepts players from Panama.

GT Bets accepts players from Panama – accepting Bitcoins as well

 

 

 

Bingo in Panama

 

Online bingo in Panama: legal, licensed

 

Land based bingo halls are legal and regulated in Panama. Bingo parlors are eligible for a license issued by the Gaming Commission of the country. There are quite a few such venues in the country, with the most of them located in the capital, Panama City.

Online bingo sites – as other types of online gambling operations – are eligible for a license in Panama that allows them to offer their services on the international market without much territorial restriction. Players from Panama can choose from locally licensed and foreign bingo platforms and they are free to play bingo on both.

The following online bingo websites accept players from Panama:

This is an animated GIF banner ad of BGO Bingo. This online bingo ad features Paris Hilton. BGO Bingo online bingo website accepts players from Panama.The animated banner reads: spend £10, play with £50, BGO Bingo.

BGO bingo – accepting players from Panama

 

This is the animated banner ad of Betsson Bingo. This GIF online bingo banner is 728x90 pixel wide. Betsson bingo is one of the online bingo websites, that accepts players from Panama. The animated GIF reads: welcome bonus package up to R$1200, receive bonuses on your 4 deposits.

Betsson Bingo – accepting registrations from Panama

 

This is the animated banner ad of 32 Red Bingo. This GIF bingo banner is 728x90 pixels wide. 32 Red bingo is a an online bingo website, which accepts players from Panama. The animated GIF reads: Get £10 To try the all ne 32 Red Bingo, We've got Penny, Bogof and free bingo, guaranteed prites and loads more, plus all the great slots and jackpots we all love, All that's missing is you.

32 Red Bingo – accepting registrations from Panama

 

 

 

Poker in Panama

 

Online poker in Panama: legal, licensed

 

Poker is legal and regulated in Panama. Casinos in Panama can operate poker tables under a Panamanian casino license. However, many casinos in Panama are more like slot halls with no table games. For a game of poker, one must visit one of the larger venues.

Online poker in Panama is legal and operators are eligible for a license from the Panamanian authorities. Online gambling sites with a license from Panama reportedly do not have to adhere to as stringent criteria, as their counterparts licensed in first-class gambling jurisdictions, such as Malta, Gibraltar or the Channel Islands. Nevertheless, there are fair and reputable gambling sites licensed in Panama. Players from Panama are free to play in locally licensed or foreign poker platforms.

The following online poker platforms accept players from Panama:

This is a banner ad of Betsson online Poker website. This is a 728x90 pixel banner. Betsson online poker is one of the many online poker rooms, which accept players from Panama. The animated banner reads: plus 30% rakeback, 100% up to €1000.

Betsson online Poker – accepting players from Panama

 

This is the animated GIF banner ad of Betsafe's online poker website. It is 728x90 pixel wide. Betsafe online poker is one of the many online poker websites, which accept players from Panama. The animated banner reads: betsafe welcome deal, 3 great reasons to join the fun, up to €1000 deposit bonus.

Betsafe online Poker – accepting players from Panama

 

This is the animated GIF banner ad of 32 Red's online poker website. It is 728x90 pixel wide. Betsafe online poker is one of the many online poker websites, which accept players from Russia. The animated banner reads: 32 Red 30% rakeback, $1000 welcome bonus, €2500 freerolls.

32 Red online Poker – accepting players from Russia

 

 

Sports betting in Panama

 

Online sports betting in Panama: legal, licensed

 

Land-based sports betting is legal and regulated in Panama. Just like all other gambling operators, bookmakers can obtain their license from the Gaming Commission of the country.

Local authorities also license online sports books that are allowed to offer their services globally from the country. BetOnline is probably the most famous and reputable Panamanian online bookmaker firm. Panamanian players can legally place bets with both locally licensed and overseas sports betting operators.

The following online sportsbooks accept punters from Panama:

This is an animated GIF banner ad of Betsson sportsbook. Betsson online bookmaker accepts registrations from Panama. On the banner you can read: claim your welcome bonus, bonus 100% up to €25.

Betsson online sportsbook – accepting registrations from Panama

 

This is an animated GIF banner ad of Betsafe sportsbook. Betsafe online sportsbook accept registrations from Panama. The text on the banner ad reads. betsafe, 50% deposit bonus up to €25, 2nd tier bonus, open an account today.

Betsafe online bookmaker – accepting registrations from Panama

 

This is a banner of 32 Red Sports, the online sportsbook of 32 Red Casino. 32 Red online sportsbook accepts players from Panama. The animated GIF banner reads: £10 free bet, Place your first bet & get a £10 free bet plus 10 free games on one of our fantastic slots, + 10 free games, 32 Red Sport.

32 Red sport online sportsbook – accepting players from Panama

 

This the banner ad of Gt Bets online sportsbook. The sportsbook accept players from Panama.

GT Bets online bookmaker – accepts registrations from the Panama, also accepts Bitcoin

 

 

Panama lottery

 

Online lottery in Panama: legal, state monopoly

 

In Panama, lottery is a state monopoly. The state-run company, which conducts the national lottery games is Loteria Nacional de Beneficiencia (LNB). They sell tickets with pre-printed numbers through resellers, who receive a certain percentage of the amount won by tickets they sold. The Panama lottery stroke a deal with Scientific Games last year to launch its first online lottery product. However, the system is not yet live.

Panama does not license online lottery companies, but there are no laws that would prohibit players from the country from participating in foreign lottery draws through the internet.

 

*Source: Understanding the Panama Lottery

 

 

Bitcoin gambling in Panama

 

Bitcoin gambling in Panama: not regulated

 

There are no specific regulations pertaining to bitcoin gambling and bitcoin casinos in Panama. However, it is reported, that some Bitcoin casinos are registered in the country. One of these is Bitcoin Rush, which is indeed located in Panama, however, there is no indication on its website, that it possesses a Panamanian license (if they did, they would surely display it as the few bitcoin casinos that actually have a license are always happy to brag about it). It seems to be the case, that bitcoin gambling operations do not fall under the scope of the 2002 online gambling act, therefore, they do not currently need a license to operate in Panama. However, official sources provide no information regarding bitcoin gambling in Panama.

Local players are not restricted to wager on neither locally based nor offshore bitcoin gambling platforms or casinos in Panama.

The following bitcoin casinos accept players from Panama:

This a banner ad of GT Bets bitcoin casino. It accepts players from Russia.

GT Bets accepts players from Russia, and also accepts Bitcoin

 

If you have questions or any feedback don’t hesitate to drop a comment below. Please let me know in the comments section if you think we might have gotten something wrong or if you have additional information, clarification about the legal status of online gambling in this country.

 

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This page is part of Simon’s List – Legal Status of Online Gambling – a definitive guide to the legal status of all forms of online gambling activities in every country around the world.

 

Last updated: 2016.2.2.

Summary
Simon's Guide to Gambling and Casinos in Panama
Article Name
Simon's Guide to Gambling and Casinos in Panama
Description
An overview of the legal status of online and offline gambling and casinos in Panama.
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