This is a picture of the skyscraper of JW Marriott Hotel, in the capital, Panama City, of the República de Panamá, where the current biggest casino, Ocean Sun Casino is located. On this page you can read about the taxation, legislation, licensing of casino gambling in Panama, and you can find a list of licensed casino gambling establishments, slot halls and online casinos, which accept players from the Republic of Panama.
Panama Casino Guide

This is a guide to brick and mortar as well as online casinos in Panama (officially the Republic of Panama, a Central American offshore tax haven, with a population of 4.2 million, best known for the Panama Canal and the Panama Papers scandal). Find out which are the best land-based casinos and licensed online casino sites in Panama, or learn more about the legal status of casino gambling in the country.

 

Online casinos in Panama

Legal status of Panama online casinos: legal since 2002, requires licence

 

Online casino gambling is legal in the Central-American country of Panama since 2002, according to the Online Gaming Act of 2002*. The gambling authority of Panama, the Gaming Commission (Junta de Control de Juegos), within the Ministry of Economics & Finance issues online casino licences.

Online casino operators must apply for a gambling permit from the Junta de Control de Juegos in accordance with the Resolution No. 65 of October 25, 2002. Online casino licences from Panama are valid for seven years initially, and a single licence covers all forms of online gambling.

Most of the online casinos registered and licensed in Panama are not available to locals, because of the taxation system of the country (online casinos are tax exempt on their online gambling activity, except in case of domestic activity, involving Panama players, details below, in the taxation of online casinos section).

UPDATE 2021: Due to the bad reputation, and the reluctance of payment processors, financial institutions to work with Panama online gambling operators, the number of licensed digital betting platforms has decreased significantly over time and Panama is no longer the huge digital casino licensing hub, like it was in the 2000s, when there were hundreds of internet casino platforms licensed here.

Panama has very liberal, pro-business online gambling regulations. It is reported, that the licensing is conducted in a rather laissez-faire manner and online casinos registered in Panama are not strictly audited, and player protection and regulations are not really enforced. Basically, all operators that have the money to pay the fees and don’t do anything extremely conspicuous or illegal can obtain and maintain their Panamanian licenses. Therefore, the reputability of Panama licensed online casinos and gambling sites can vary greatly. Because of these issues I do not recommend using Panama licensed wagering platforms. With so many options online, there is no need to risk it.

By scrolling down, you can find a list of online casinos accepting Panama players (they are not licensed in Panama).

 

Can tourists play online while visiting Panama?

Yes, the laws of any country only apply to citizens and lawful permanent residents, if you are a tourist (or a non-citizen expat, or illegal), you can play online freely while enjoying your vacation.

 

Online casino licensing and regulatory body of Panama:

The Panama Gaming Control Board is charged with licensing, regulating and controlling operations that are considered “games of chance and wagering activities”. Their website is only available in Spanish. You have to contact them if you wish to get an online gambling license (you need to get a translator if you don’t speak Spanish).

The up to date licensing fees and process is only available in Spanish, and upon request, from the Gaming Control Board. But in general:

The cost of permits starts from US$ 40,000 valid for 7 years, after that, the annual renewal is US$ 20,000. To get a license you will definitely need:

 

Application fee is $1000.

Additionally, the following extra rules must be observed:

All software is required to meet the required standards of the jurisdiction of Panama. Anti-money laundering controls are implemented, there is a signed tax agreement with the United States. All transactions regarding real money wagering must be made available to the Panamanian Government upon request.

An application for a license can take up to two months or longer after all the appropriate forms and complete documentation has been submitted.

FREE ADVERTISEMENT for licensed local lawyers from this country

Get featured on this website, here, just right under the taxation section. Advertise your services, get a link to your own website, or the law firm's website you work for, on a page that is visited by businessmen looking for help with setting up a gambling business, licensing, setting up a company, help with an existing gambling business, consulting etc.... And all this for free. Click on the drop down section if you are interested and want to appear here.

How to get featured

In order to get the free advertisement you must have a website (social media profile is not enough). Here is what you have to do:
  • send me a link to your website, or your employer's website
  • send me 1-2 sentences about you and/or your business etc.., something that describes the business, what you do, and makes people interested
  • send me one single picture of your company's logo, or a picture of your office, one of your certificates, credentials (but don't send a picture of yourself, for legal reasons I want to avoid uploading pictures of people)

The picture must be 150x150 pixels. Contact me through the live chat, it's in the bottom right corner of the website, or in the comments section at the bottom of this page, with a link to the website you wish to advertise. If you qualify, I will give you my email address where you can send everything (I won't be putting my email address on the page, due to the extreme amount of spam I receive as it is).
AND! In order to appear for free on this website, you have to link back to this guide, from your website. It must be your website, your employer's website, a law blog or something similar. The link doesn't have to be in a prominent position, and 1 sentence is enough, something like this: "We are featured on Simon's Gambling and Casino Blog, at <link here>." at the bottom of an unimportant page, it will suffice. That's all, if you are interested, get in touch. Looking forward to hearing from you.

 

 

Taxation of online casino sites in Panama:

Internet gambling companies are exempt from any taxes, provided they don’t accept any players from Panama (and that is the reason why all Panama licensed online gambling platforms don’t accept players from Panama).

 

For the players, taxation of gambling winnings in Panama: there was a 5.5% tax on all gambling winnings, but it was eliminated in 2019**

 

FREE ADVERTISEMENT for local accountants, CPAs from this country

Get featured on this website, here, just right under the taxation section. Advertise your services, get a link to your own website, or the accounting firm's website you work for, on a page that is visited by gamblers and tourists, looking for help with their gambling winnings, and writing down their loses. And all this for free. Click on the drop down section if you are interested and want to appear here.

How to get featured

In order to get the free advertisement you must have a website (social media profile is not enough). Here is what you have to do:
  • send me a link to your website, or your employer's website
  • send me 1-2 sentences about you and/or your business etc.., something that describes the business, what you do, and makes people interested
  • send me one single picture of your company's logo, or a picture of your office, or a picture of one of your certificates, credentials (but don't send a picture of yourself, for legal reasons I want to avoid uploading pictures of people)

The picture must be 150x150 pixels. Contact me through the live chat, it's in the bottom right corner of the website, or in the comments section at the bottom of this page, with a link to the website you wish to advertise. If you qualify, I will give you my email address where you can send everything (I won't be putting my email address on the page, due to the extreme amount of spam I receive as it is).
AND! In order to appear for free on this website, you have to link back to this guide, from your website. It must be your website, your employer's website, an accounting blog or something similar. The link doesn't have to be in a prominent position, and 1 sentence is enough, something like this: "We are featured on Simon's Gambling and Casino Blog, at <link here>." at the bottom of an unimportant page, it will be perfectly fine. That's all, if you are interested, get in touch. Looking forward to hearing from you.

 

Age requirement of online casinos in Panama: 18+

 

Sources, main pieces of Panamanian online casino gambling legislation:

**Online Gaming Act of 2002

**iGamingBusiness – Panama announces end of 5.5% tax on gambling winnings

 

Online casinos accepting players from Panama

The following online gambling websites accept players from Panama:

 

Black Lotus Casino

This is Black Lotus Casino's animated GIF banner advertising their new slot and their free spins and casino match bonuses. You can read about these promotional offers below the animated banner. By clicking on the banner you will be taken to the casino's website where you can register and play.
Black Lotus Casino bonus offers
USA and Canada players are accepted.
  • Get 40 free spins on BIG GAME. Use the code: SAFARI54
OR:
  • Get 250% match bonus, up to $2500. Use the code: SAFARI250
  These are only available to new players. Returning players get daily, exclusive bonuses and other rewards. It changes daily, check the casinos's page for info, the are usually very good, also they have cashback almost each month, so even if you lose, you will get some of it back, usually 10%, but sometimes more.

Playthrough requirements and wagering limitations

All offers are available in USD$, C$, Euro €, NOK, SEK, DKK. * Bitcoin is accepted as a deposit currency. * Visa and Master Card Deposits are accepted. * Minimum withdrawal of $100. * 60X wagering on all bonuses. * Maximum withdrawal of $100 on all Free Spin or Free Bonus offers. * A minimum $20 deposit is required to process a withdrawal. * Maximum withdrawal of $1000 on Match bonuses from 101% or greater * All offers are available for 1 claim per IP. * Offers valid till end of April 2022   Check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations, does not apply to bonuses for returning players which have different (significantly better) paythrough requirements.
Wagering limitation:
  • 100% - Slots and Keno
  • 50% - Roulette and Three Card Poker
  • 25% - Baccarat
  • 10% - Video Poker
  • 5% - Blackjack, Craps
  • 0% - Everything else
 

RichPrize Casino

This is RichPrize Casino's animated GIF banner advertising their new exclusive games and their free spins and casino bonuses. You can read about these promotional offers below the animated banner. By clicking on the banner you will be taken to the casino's website where you can register and play.
RichPrize Casino bonus offers
USA and Canada players are accepted. However, US players can only deposit and withdraw money using cryptocurrencies! (this restriction only applies to US players, and only in this casino)
  • 100% match bonus, up to $400 + 25 free spins, no code needed
  OR:
  • Confirm email or phone, apply code: LADYDAY, make deposit from 21 to 400 EUR/USD and receive 88% + 88 free spins, limited time only, if it is no longer valid, please drop a comment and let me know
  OR:
  • Confirm email or phone, apply code: WEST100 make deposit pf at least 21 EUR/USD and receive 100 free spins, limited time only, if it is no longer valid, please drop a comment and let me know
  Returning players usually get 25% - 33% cashback, one of the highest regular cashbacks online. Even if you end up losing you will get about 30% of your money back (returning players only).

Playthrough requirements and wagering limitations

All bonuses and promotions are subject to the following wagering limitations and playthrough requirements.
  • Playthrough requirement: Bonus wagering x40 applied.
  • Free spins wagering x40 applied.
  Check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations, does not apply to bonuses for returning players which have different (significantly better) paythrough requirements.
Wagering limitation:
  • 7 days to wager bonus.
  • Slots wagering allowed.
  • Slots wagering participation 100%.
  • Min bet 0.01 EUR - Max bet 3 EUR.
  • Betting Games wagering not allowed.
  • Providers allowed for wagering: Limited to enabled games only.
  • Player can cancel bonus at any time. Please note: Upon cancellation of the bonus the balance will be adjusted to the balance before bonus activation.
 

 

BGO

This is the current 2021 animated gif banner of bgo, next gen, cross platform and mobile compatible casino with 1000+ casino games, live dealers, virtual sports betting and bingo. On the banner you can read the current bonuses., promotions, codes and offer, and player protection info, and terms and conditions. Under the banner you can read the details terms and conditions and wagering requirements, playthrough requirements. The banner is a link, by clicking on it, you will be taken to the gambling platforms's site, where you can register and play.
BGO casino banner displaying the various bonuses and promotional offers offered by BGO casino. You can read these offers below.
US players can not register.
  • 500 free spins
  Terms and conditions of the casino apply (if any). Check the casino's webpage for up to date terms and conditions and wagering limitations.  

Playthrough requirements and wagering limitations

Only for UK players, new players only.
Playthrough requirement: 65x
Wagering limitation:
  • Slots: 100%
  • Roulette: 25%
  • All Blackjack Games: 25%
  • 3 Card Brag: 50%
  • Casino Hold'em: 25%
  • Baccarat: 0%
  • Everything else: 0%

 

GT Bets Casino and Sportsbook

GTbets bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently. The picture also acts as a link and by clicking o nit you will be taken to the gambling website.
GTbets sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.
  • Welcome bonus, 150% up to $500 on your first deposit (then 100%, up to $250 bonus on your second deposit, then 5-50% depending on the amount on your third deposit and afterwards)
  • 10% weekly rebate, 15% cashback on horse racing betting
  • Free spins, weekly cashback for returning players

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 10-40x times before withdrawal, depending on the type.
Earnings ($10)Sign Up Bonus PlaythroughReload Bonus (Varies by %) Playthrough
Sports5 points for every $10 wagered12x6x-10x
(Baseball)2 points for every $10 wagered30x15x-25x
Horses7.5 points for every $10 wagered8x4x-6.7x
Slots2 points for every $10 wagered30x15x-25x
Table1 point for every $10 wagered60x30x-50x
Video Poker1.5 points for every $10 wagered40x20x-33x
 
Wagering limitation:
  • Please be advised - the use of bonus funds to place wagers on the following games is not allowed: Baccarat (including Live), Craps, and European Roulette (including Live).
  • For bonuses, sports moneyline wagers with odds of -300 (1.33) or less, will not qualify for rollover point earnings. So for example, betting NBA - NY Knicks (-350) will not earn rollover points towards a bonus.
   

Bet Online Casino and Sportsbook + Poker

Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently.
Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.
  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code: BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.
  • 100% match poker bonus, a minimum deposit of $50 using code NEWBOL
  For returning players: Fund your BetOnline account via cryptocurrency and earn a 35% Reload Bonus on EVERY qualifying deposit. To claim your extra 35%, simply use code: CRYPTO35 Earn a 25% Bonus up to $250 on every qualifying reload you make 24/7/365. Just use promo code: LIFEBONUS when you deposit as little as $50 and the extra 25% will be added to your sports bankroll instantly

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 

Betsson Casino and Sports Book

This is a gif animated banner displaying the casino + poker platform + online sports book Betsson's various current 2021 promotions. Under the banner you can read about these bonuses, their terms and conditions, paythrough requirements, wagering limitations. This is an advertisement, by clicking on the banner you will be taken to Betsson's internet platform ,where you can register an account.
European casino & sportsbook & poker, all in one
North American players are not accepted.
  • Welcome bonus, 100% up to €100
  • 101 free spins on your first deposit
  • €5,000 every week for one lucky active returning player (no wagering limitation, no playthrough requirement)

US players can not register. Betsson has over 1500 games, the most games of any online casino. You can read the review of Betsson casino here.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 35 times before withdrawal. No wagering requirement for the weekly extra money.
Playthrough requirement: No playthrough requirement for the extra weekly money. In case of the welcome bonus: • 100%: Slots • 10%: All Roulette (except Live), Caribbean Stud & Casino Stud Poker Games • 10%: All Casino Hold’Em, Red Dog, Pai Gow, Poker Games, Oasis Poker & Texas Hold’Em Poker Games • 5%: All BlackJack (except Live BlackJack), Baccarat, Video Poker, Pontoon, Beat Me, Punto Banco Games
Wagering limitation:
  • The bonus cannot be wagered on the following games: 1429 Uncharted Seas, Aliens, Big Bang, Blood Suckers, Castle builder, Castle Builder 2, Champion of the Track, Dead or Alive, Devil´s Delight, Eggomatic, Epic Gems, Eye of the Kraken, Kings of Chicago, Pearls of India, Robin Hood, Scrooge, Sea Hunter, Super Monopoly Money, The Wish Master, Tower Quest, Wild Gambler, Wizard Shop, Zombies.
  • Player from certain countries are not allowed use bonuses due to regular bonus abuse, check the casino's website for the ever changing up to date list.

 

Land-based casinos in Panama

Legal status of Panama brick & mortar casinos: legal since 1998, requires licence

 

Gambling is legal since 1886, but until 1997 only state owned gambling operators were allowed to operate officially (e.g.: lottery, horse racing betting, casinos). However, due to corruption, organized crime involvement and mismanagement, the casinos were privatized, and private operators were allowed on the market in 1997. This has resulted in a gambling boom, but a lot of legal issues surfaced as well, and casinos in particular needed to be specifically regulated, which has happened in 1998, with Law 2 of 1998*, which is the main piece of legislation regulating casinos in Panama.

Similarly to online casino gambling, land-based casinos need a license to operate legally. Land-based casinos are much more strictly supervised than their online counterparts, and even the licensing requirements are stricter, and they are not tax exempt.

The authority supervising land-based casinos is, just like in the case of online casinos, is Junta de Control de Juegos.

For a long time, there were unique rules restricting the casinos in the country. Only games, where the person’s skill is the main determinant of outcome were technically legal, e.g.: billiards, card games, canasta, draughts (U.S. checkers), dominoes, casino (the card game), rummy, darts, 13, poker. This meant that the most common table games e.g.: baccarat, dice, twenty-one, rouletteblackjack and slot machinesvideo poker machines were illegal. Of course, if you look at any of the casino venues in operation today, you will see that they are full of slots and table games, and this is no longer true (and even back then, these restrictions were widely ignored). Slot machines were legalized by Resolution No. 40 in 2003, and over time all the other main forms of casino gambling were legalized similarly, and are freely available nowadays in the casinos (still, as a result of this initial limitation, only about 10 casinos have table games, and most of the 50 gambling establishments in operation are actually slot halls, with gaming machines only).

Slot halls require the same license as casinos, there are no separate slot parlour licenses.

At the moment, there are about 50 casinos in Panama – the majority of them located in the capital, Panama City.

The largest casino in Panama, the Ocean Sun Casino is also located in Panama City, within the JW Marriott Hotel’s skyscraper.

Fantastic Casino Group is the biggest casino chain in Panama (owned by CIRSA), with 34 “casinos” (in reality all of them are slot halls only, they are just called casinos).

UPDATE COVID-19: The coronavirus pandemic decimated the tourism industry of Panama, and all countries in the region (number of visitors fallen from 2.5 to 670 K in 2020**, casinos are  reliant on tourists). This has resulted in a few closure, but because most gambling establishments have very little or no online presence at all, it is not known how many of the gambling establishments have actually closed.

You can find the TOP 5 brick-and-mortar casinos in the list below.

 

Can locals visit the casinos in Panama?

Yes, locals can visit the casinos too, not just tourists.

 

Casino licensing and regulatory body of Panama:

The Panama Gaming Control Board is charged with licensing, regulating and controlling operations that are considered “games of chance and wagering activities”. Their website is only available in Spanish. You have to contact them if you wish to set up any sort of gambling establishment or to get an online gambling license (you need to get a translator if you don’t speak Spanish).

The up to date licensing fees and process is only available in Spanish, and upon request, from the Gaming Control Board. But in general:

The cost of permits starts from US$ 40,000 valid for 7 years, after that, the annual renewal is US$ 20,000. To get a license you will definitely need:

 

Application fee is $1000.

Additionally, the following extra rules must be observed:

Casinos must be accredited and approved by the Tourist Board of Panama. They must be located in a hotel rated three stars or above, and at least 100 meters (one block) away from places of worship, hospitals, clinics, and schools.

All software is required to meet the required standards of the jurisdiction of Panama. Anti-money laundering controls are implemented, there is a signed tax agreement with the United States. All transactions regarding real money wagering must be made available to the Panamanian Government upon request.

An application for a license can take up to two months or longer after all the appropriate forms and complete documentation has been submitted.

 

FREE ADVERTISEMENT for licensed local lawyers from this country

Get featured on this website, here, just right under the taxation section. Advertise your services, get a link to your own website, or the law firm's website you work for, on a page that is visited by businessmen looking for help with setting up a gambling business, licensing, setting up a company, help with an existing gambling business, consulting etc.... And all this for free. Click on the drop down section if you are interested and want to appear here.

How to get featured

In order to get the free advertisement you must have a website (social media profile is not enough). Here is what you have to do:
  • send me a link to your website, or your employer's website
  • send me 1-2 sentences about you and/or your business etc.., something that describes the business, what you do, and makes people interested
  • send me one single picture of your company's logo, or a picture of your office, one of your certificates, credentials (but don't send a picture of yourself, for legal reasons I want to avoid uploading pictures of people)

The picture must be 150x150 pixels. Contact me through the live chat, it's in the bottom right corner of the website, or in the comments section at the bottom of this page, with a link to the website you wish to advertise. If you qualify, I will give you my email address where you can send everything (I won't be putting my email address on the page, due to the extreme amount of spam I receive as it is).
AND! In order to appear for free on this website, you have to link back to this guide, from your website. It must be your website, your employer's website, a law blog or something similar. The link doesn't have to be in a prominent position, and 1 sentence is enough, something like this: "We are featured on Simon's Gambling and Casino Blog, at <link here>." at the bottom of an unimportant page, it will suffice. That's all, if you are interested, get in touch. Looking forward to hearing from you.

 

Taxation of brick & mortar gambling establishments in Panama:

Land-based gaming venues are required to pay municipality operational fees, facility health permits, and any other tax applicable, just like other businesses based in Panama. In addition, they pay an extra 10% tax on the monthly net revenue (depending on location, can be more than 10%), and need to pay 50,000 colones (roughly $80) per table (and probably there is a fee per slot machine as well, bu I couldn’t find info on that, if you know please drop a comment).

 

For the players, taxation of gambling winnings in Panama: there was a 5.5% tax on all gambling winnings, but it was eliminated in 2019

 

FREE ADVERTISEMENT for local accountants, CPAs from this country

Get featured on this website, here, just right under the taxation section. Advertise your services, get a link to your own website, or the accounting firm's website you work for, on a page that is visited by gamblers and tourists, looking for help with their gambling winnings, and writing down their loses. And all this for free. Click on the drop down section if you are interested and want to appear here.

How to get featured

In order to get the free advertisement you must have a website (social media profile is not enough). Here is what you have to do:
  • send me a link to your website, or your employer's website
  • send me 1-2 sentences about you and/or your business etc.., something that describes the business, what you do, and makes people interested
  • send me one single picture of your company's logo, or a picture of your office, or a picture of one of your certificates, credentials (but don't send a picture of yourself, for legal reasons I want to avoid uploading pictures of people)

The picture must be 150x150 pixels. Contact me through the live chat, it's in the bottom right corner of the website, or in the comments section at the bottom of this page, with a link to the website you wish to advertise. If you qualify, I will give you my email address where you can send everything (I won't be putting my email address on the page, due to the extreme amount of spam I receive as it is).
AND! In order to appear for free on this website, you have to link back to this guide, from your website. It must be your website, your employer's website, an accounting blog or something similar. The link doesn't have to be in a prominent position, and 1 sentence is enough, something like this: "We are featured on Simon's Gambling and Casino Blog, at <link here>." at the bottom of an unimportant page, it will be perfectly fine. That's all, if you are interested, get in touch. Looking forward to hearing from you.

 

Age requirement of land-based casinos, slot parlours in Panama: 18+

 

Sources, main pieces of land-based casino legislation:

*Law 2 of 1998

**Statista – Number of international visitor arrivals in Panama from 2017 to 2020

 

List of the TOP 5 casinos in Panama

This is a list of the 5 biggest and best rated casinos in Panama with address, opening hours, number and types of games, dress code, entrance fee, reviews and a video of each gambling establishment if one is available.

1., Ocean Sun Casino
This is a picture of the iconic skyscraper of the JW Marriott hotel, in Panama City, the capital, where the Ocean Sun Casino is located, this is the biggest and best rated gambling establishment in the Republic of Panama currently. This is the first element of this list of the TOP 5 casino gambling establishments in Panama. You can find the other gambling establishment on this list below this one. To the right of the picture you can read more about this casino.
Ocean Sun Casino

Ocean Sun Casino, address: JW Marriott Panama, Cl. Punta Colón, Panama City

Ocean Sun Casino in JW Marriott in Panama City is the best rated (based on the average of over 1000+ reviews online), and currently the biggest Panama casino. It is the flagship casino of the well-known and huge Sun Intentional casino chain (with 15+ venues all over the world, most of them are usually among the TOP 5 biggest in the country they are located). In addition, the skyscraper where the JW Marriott is located is one of the most iconic buildings of Panama city (picture to the left, also on the top of the page).

Games: around 600 gaming machines, around 30 tables

They also have poker room with 12 poker tables, and a sportsbook.

 

Video of Ocean Sun Casino:

 

Opening hours: 24/7

UPDATE COVID-19: open

Dress code: no official dress code, but smart casual recommended

Entrance fee: no entrance fee

Meta review analysis: the casino gets very good reviews, 4.5/5, on reviews sites, no major problems, this is the best rated casino in all of Panama

 

18+, ID, and passport for tourists, is needed to enter.

2., StarBay Casino
This is a picture of the front entrance and building of Hilton Panama in Panama City, where the StarBay Casino is located. To the right of the picture you can read more about this casino.
StarBay Casino

StarBay Casino, address: Avenida Balboa, Hotel Hilton, Panama City

StarBay Casino, in Hilton Panama is the second biggest casino + hotel. Interestingly the website of this casino is under construction for years now (I would have expected better from Hilton, but I guess, the bigger the company, the worse the bureaucracy, slowing everything down). Therefore, there is no official information about the casino, all the info below is from secondary sources, therefore, the veracity is not guaranteed.

Games: around 460 slot machines, around 19 tables, + an unknown number of electronic roulette wheels

 

Video of StarBay Casino:

 

Opening hours: 24/7

UPDATE COVID-19: open

Dress code: no official dress code, but smart casual is recommended

Entrance fee: no entrance fee

Meta review analysis: the casino gets very good reviews, 4.5/5, on reviews sites, no major problems, this is the second best rated casino in all of Panama

 

18+, ID, and passport for tourists, is needed to enter.

3., Majestic Casino
This is a picture of the front entrance of Majestic Casino, within Multicentro Shopping Center. This is the third element of this list of the TOP 5 casino gambling establishments in Panama. You can find the other gambling establishment on this list below and above this one. To the right of the picture you can read more about this casino.
Majestic Casino

Majestic Casino, address: 3rd. and 4th. Floor of the Multicentro Shopping Center, Paitilla, Panama City

Majestic Casino is located within one of the biggest shopping mall of Panama, the Multicentro Shopping Center.

 

Games: around 370 slot machines, around 30 tables, + an unknown number of electronic roulette wheels

They also have a poker room.

 

Video of Majestic Casino:

 

Opening hours: 24/7

UPDATE COVID-19: open

Dress code: no official dress code

Entrance fee: no entrance fee

Meta review analysis: the casino gets very good reviews, 4/5, on reviews sites, no major problems

 

18+, ID, and passport for tourists, is needed to enter.

4., Crown Casino Colon 2000
This is a picture of the front entrance of Crown Casino Colon 2000, located in Radisson Hotel Colon. To the right of the picture you can read more about this casino.
Casino Colon 2000,

Crown Casino Colon 2000, address: Paseo Gorgas, Calle 13, Colón 0301-01074

A casino + hotel outside of Panama city, in Colón. According to casino listing sites and casino directories this is one of the bigger casinos, and perhaps the biggest casino outside the capital. However, sadly, the official website of Radisson Hotel Colon (in which the casino is located) barely mentions the casino, therefore I can not confirm or deny this.

Games: unknown, sadly the official website doesn’t have any info and even the casino listing websites don’t have any info, if you have been to this gaming venue, and if you know something, please drop a comment

 

Video of Crown Casino Colon 2000:

Couldn’t find a video of this casino. If you know of any, please drop a link to it in the comments section.

 

Opening hours: unknown

UPDATE COVID-19: unknown

Dress code: unknown

Entrance fee: unknown

Meta review analysis: no reviews of the casino, just the hotel

 

18+, ID, and passport for tourists, is needed to enter.

5., Fantastic Casino Dorado
This is a picture of Fantastic Casino Dorado, a slot hall in Panama City. This is the last element of this list of the TOP 5 gambling establishments in Panama. You can find the other electronic casinos, slot parlours on this list above this one. To the right of the picture you can read more about this Panamanian slot hall.
Fantastic Casino

Fantastic Casino Dorado, address: Boulevard El Dorado, entre Calle Doble Vía Sur y Calle D., Panama City

Fantastic Casino Dorado is one of the 34 gambling establishments of the Fantastic brand. Despite the names, these are not casinos, only slot halls (because they only contain gaming machines, slots, video poker machines, real casinos have live tables with dealers,croupiers too). The location on  the El Dorado Boulevard in Panama City is probably the most iconic location of this group (picture on the left).

 

Games: around 200 slots

They also have sports betting terminals, simulcast betting.

 

Video of Fantastic Casino Dorado:

Couldn’t find a video of this location. If you know of any, please drop a link to it in the comments section.

 

Opening hours: 5:30AM – 9:00PM, daily

UPDATE COVID-19: open

Dress code: no official dress code

Entrance fee: no entrance fee

Meta review analysis: couldn’t find any reviews

18+, ID, and passport for tourists, is needed to enter.

 

Cryptocurrency, bitcoin casinos in Panama

Cryptocurrency gambling is not specifically regulated in Panama. It’s unknow if any of the 50 gambling establishments on the island accept any litecoin, bitcoin, ethereum or any cryptocurrency. They do not have any info about this on their websites or social media profiles (which tend to be in Spanish only). If you have been to the any of the casinos above, and you know whether they accept crypto or not, please drop a comment at the bottom of the page, thank you.

 

Other forms of online gambling in Panama

Most forms of online gambling are legal in Panama, and all sorts of online betting, wagering platforms are licensed in Panama (apart from lottery and betting on blood sports).

Apart from the licensed online gambling websites, there is the online lottery of Loteria Nacional de Beneficiencia (LNB). Their online lottery platform is managed by Scientific Games.

 

 

The following online gambling websites accept players from Panama:

Black Lotus Casino

This is Black Lotus Casino's animated GIF banner advertising their new slot and their free spins and casino match bonuses. You can read about these promotional offers below the animated banner. By clicking on the banner you will be taken to the casino's website where you can register and play.
Black Lotus Casino bonus offers
USA and Canada players are accepted.
  • Get 40 free spins on BIG GAME. Use the code: SAFARI54
OR:
  • Get 250% match bonus, up to $2500. Use the code: SAFARI250
  These are only available to new players. Returning players get daily, exclusive bonuses and other rewards. It changes daily, check the casinos's page for info, the are usually very good, also they have cashback almost each month, so even if you lose, you will get some of it back, usually 10%, but sometimes more.

Playthrough requirements and wagering limitations

All offers are available in USD$, C$, Euro €, NOK, SEK, DKK. * Bitcoin is accepted as a deposit currency. * Visa and Master Card Deposits are accepted. * Minimum withdrawal of $100. * 60X wagering on all bonuses. * Maximum withdrawal of $100 on all Free Spin or Free Bonus offers. * A minimum $20 deposit is required to process a withdrawal. * Maximum withdrawal of $1000 on Match bonuses from 101% or greater * All offers are available for 1 claim per IP. * Offers valid till end of April 2022   Check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations, does not apply to bonuses for returning players which have different (significantly better) paythrough requirements.
Wagering limitation:
  • 100% - Slots and Keno
  • 50% - Roulette and Three Card Poker
  • 25% - Baccarat
  • 10% - Video Poker
  • 5% - Blackjack, Craps
  • 0% - Everything else
 

RichPrize Casino

This is RichPrize Casino's animated GIF banner advertising their new exclusive games and their free spins and casino bonuses. You can read about these promotional offers below the animated banner. By clicking on the banner you will be taken to the casino's website where you can register and play.
RichPrize Casino bonus offers
USA and Canada players are accepted. However, US players can only deposit and withdraw money using cryptocurrencies! (this restriction only applies to US players, and only in this casino)
  • 100% match bonus, up to $400 + 25 free spins, no code needed
  OR:
  • Confirm email or phone, apply code: LADYDAY, make deposit from 21 to 400 EUR/USD and receive 88% + 88 free spins, limited time only, if it is no longer valid, please drop a comment and let me know
  OR:
  • Confirm email or phone, apply code: WEST100 make deposit pf at least 21 EUR/USD and receive 100 free spins, limited time only, if it is no longer valid, please drop a comment and let me know
  Returning players usually get 25% - 33% cashback, one of the highest regular cashbacks online. Even if you end up losing you will get about 30% of your money back (returning players only).

Playthrough requirements and wagering limitations

All bonuses and promotions are subject to the following wagering limitations and playthrough requirements.
  • Playthrough requirement: Bonus wagering x40 applied.
  • Free spins wagering x40 applied.
  Check the casino's web page for the specific, up to date, current playthrough requirements and wagering limitations, does not apply to bonuses for returning players which have different (significantly better) paythrough requirements.
Wagering limitation:
  • 7 days to wager bonus.
  • Slots wagering allowed.
  • Slots wagering participation 100%.
  • Min bet 0.01 EUR - Max bet 3 EUR.
  • Betting Games wagering not allowed.
  • Providers allowed for wagering: Limited to enabled games only.
  • Player can cancel bonus at any time. Please note: Upon cancellation of the bonus the balance will be adjusted to the balance before bonus activation.
 

 

BGO

This is the current 2021 animated gif banner of bgo, next gen, cross platform and mobile compatible casino with 1000+ casino games, live dealers, virtual sports betting and bingo. On the banner you can read the current bonuses., promotions, codes and offer, and player protection info, and terms and conditions. Under the banner you can read the details terms and conditions and wagering requirements, playthrough requirements. The banner is a link, by clicking on it, you will be taken to the gambling platforms's site, where you can register and play.
BGO casino banner displaying the various bonuses and promotional offers offered by BGO casino. You can read these offers below.
US players can not register.
  • 500 free spins
  Terms and conditions of the casino apply (if any). Check the casino's webpage for up to date terms and conditions and wagering limitations.  

Playthrough requirements and wagering limitations

Only for UK players, new players only.
Playthrough requirement: 65x
Wagering limitation:
  • Slots: 100%
  • Roulette: 25%
  • All Blackjack Games: 25%
  • 3 Card Brag: 50%
  • Casino Hold'em: 25%
  • Baccarat: 0%
  • Everything else: 0%

 

GT Bets Casino and Sportsbook

GTbets bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently. The picture also acts as a link and by clicking o nit you will be taken to the gambling website.
GTbets sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.
  • Welcome bonus, 150% up to $500 on your first deposit (then 100%, up to $250 bonus on your second deposit, then 5-50% depending on the amount on your third deposit and afterwards)
  • 10% weekly rebate, 15% cashback on horse racing betting
  • Free spins, weekly cashback for returning players

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 10-40x times before withdrawal, depending on the type.
Earnings ($10)Sign Up Bonus PlaythroughReload Bonus (Varies by %) Playthrough
Sports5 points for every $10 wagered12x6x-10x
(Baseball)2 points for every $10 wagered30x15x-25x
Horses7.5 points for every $10 wagered8x4x-6.7x
Slots2 points for every $10 wagered30x15x-25x
Table1 point for every $10 wagered60x30x-50x
Video Poker1.5 points for every $10 wagered40x20x-33x
 
Wagering limitation:
  • Please be advised - the use of bonus funds to place wagers on the following games is not allowed: Baccarat (including Live), Craps, and European Roulette (including Live).
  • For bonuses, sports moneyline wagers with odds of -300 (1.33) or less, will not qualify for rollover point earnings. So for example, betting NBA - NY Knicks (-350) will not earn rollover points towards a bonus.
   

Bet Online Casino and Sportsbook + Poker

Bet Online bookmaker and gambling website's banner displaying the various bonuses and promotional offers offered currently.
Bet Online sports-book and casino, cross platform and mobile compatible, Bitcoin accepted.
  • Welcome bonus, 100% up to $1,000 on your first three deposits! Use the code: BOLCASINO
  • 100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.
  • 100% match poker bonus, a minimum deposit of $50 using code NEWBOL
  For returning players: Fund your BetOnline account via cryptocurrency and earn a 35% Reload Bonus on EVERY qualifying deposit. To claim your extra 35%, simply use code: CRYPTO35 Earn a 25% Bonus up to $250 on every qualifying reload you make 24/7/365. Just use promo code: LIFEBONUS when you deposit as little as $50 and the extra 25% will be added to your sports bankroll instantly

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 40 times before withdrawal.
Playthrough requirement: • Slot Games (progressive jackpot slots excluded) 100% • Roulette (All versions), Draw High-Lo, 3 Card Rummy 20% • Baccarat, Blackjack (American & European), Poker 3, Oasis Poker, Single Deck Blackjack, Triple Edge Poker, Caribbean Poker, Three Card Poker, Video Poker 10% • Pirate 21, Blackjack Super 7, Pai Gow, 21 Burn, Ride’m Poker, All forms of Keno, Red Dog, Pontoon, Top Card Trumps 5% • Craps, Live Casino, All Games with Progressive Jackpots, Virtual Racebook. Speciality games ie Keno’s and Scratcher game offered by Betsoft 0%
Wagering limitation:
  • Any action on Baccarat, Roulette and Craps will not count towards the wagering requirement.

 

Betsson Casino and Sports Book

This is a gif animated banner displaying the casino + poker platform + online sports book Betsson's various current 2021 promotions. Under the banner you can read about these bonuses, their terms and conditions, paythrough requirements, wagering limitations. This is an advertisement, by clicking on the banner you will be taken to Betsson's internet platform ,where you can register an account.
European casino & sportsbook & poker, all in one
North American players are not accepted.
  • Welcome bonus, 100% up to €100
  • 101 free spins on your first deposit
  • €5,000 every week for one lucky active returning player (no wagering limitation, no playthrough requirement)

US players can not register. Betsson has over 1500 games, the most games of any online casino. You can read the review of Betsson casino here.

Playthrough requirements and wagering limitations

The deposit bonus amount must be wagered 35 times before withdrawal. No wagering requirement for the weekly extra money.
Playthrough requirement: No playthrough requirement for the extra weekly money. In case of the welcome bonus: • 100%: Slots • 10%: All Roulette (except Live), Caribbean Stud & Casino Stud Poker Games • 10%: All Casino Hold’Em, Red Dog, Pai Gow, Poker Games, Oasis Poker & Texas Hold’Em Poker Games • 5%: All BlackJack (except Live BlackJack), Baccarat, Video Poker, Pontoon, Beat Me, Punto Banco Games
Wagering limitation:
  • The bonus cannot be wagered on the following games: 1429 Uncharted Seas, Aliens, Big Bang, Blood Suckers, Castle builder, Castle Builder 2, Champion of the Track, Dead or Alive, Devil´s Delight, Eggomatic, Epic Gems, Eye of the Kraken, Kings of Chicago, Pearls of India, Robin Hood, Scrooge, Sea Hunter, Super Monopoly Money, The Wish Master, Tower Quest, Wild Gambler, Wizard Shop, Zombies.
  • Player from certain countries are not allowed use bonuses due to regular bonus abuse, check the casino's website for the ever changing up to date list.

 

 

This article supplements the general guide to the legal status of gambling in Panama.

 

Simon’s Guide to Land-based and Online Casinos in Panama is part of Simon’s Online Casino Guide.

 

Last updated: 2021-05-20

 

Gamble responsibly,
SimonTheSorcerer

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Summary
Simon's Guide to Land-based and Online Casinos in Panama
Article Name
Simon's Guide to Land-based and Online Casinos in Panama
Description
A guide to the legal status of offline and online casinos in Panama, including licencing, taxation, legislation requirements, fees and processes, and a list of online casinos accepting Panama player, and brick & mortar gaming venues catering to locals and tourists alike.
Author
Simon András Péter (SimonTheSorcerer)
Simon's Online Marketing Kft.
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