This is a picture of the parking lot and main entrance of Crown Casino, a gambling establishments in the Republic of Panama. On this page, you can read about the legislation, rules, licensing, taxation of of the various forms of games of chance and online gambling in the country, including: poker, bingo, lottery, sports betting, cryptocurrency wagering, and a list of online gambling sites which accept players from Panama.
Panama Gambling Guide

Gambling is legal and regulated 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) 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 tasked the Gaming Commission – Junta de Control de Juegos within the Ministry of Economics & Finance to control casinos, issues licenses, and keep an eye on money laundering in particular.

This was further strengthened by Resolutions No 29 and No. 39 in 2003.

Back in the 90s and early 2000s land-based, offline casinos were the primary means of money laundering.

UPDATE 2021: This has changed, and nowadays it is mostly bitcoin, and other cryptocurrency accepting internet casinos are the main culprits).

Online gambling is also legal in Panama since 2002, according to the Online Gaming Act of 2002**. Because online gambling operators licensed in Panama don’t have to pay any taxes (just a some fixed fees), the country has become quite the licensing hub, with hundreds of online casinos licensed here. However, 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.

Land-based games of chance is strictly controlled, and in order to receive a brick  mortar license from the Panamanian authorities, companies adhere to strict rules and standards (details of this can be found in the Panama gambling licensing section below).

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.

If you scroll down, you can find a list of online gambling websites, which accept players from Panama (none of them are companies licensed in Panama because of the reasons mentioned above).

 

If you are new to the country of Panama, watch the following video to understand why 2.5 million tourists choose this beautiful country every year (UPDATE COVID-19: the number of tourist has fallen from 2.5 million in 2019 to 670 K in 2020*** due to the global pandemic).

 

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.

 

Gambling licensing in 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.

 

Gambling tax 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).

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 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.

 

Legal gambling age in Panama: 18+

 

Other:

Loot boxes, skin gambling, fantasy sports betting and social gambling are not regulated in Panama.

 

Sources, and main pieces of the Panama gambling legislation:

*Law 2 of 1998

**Online Gaming Act of 2002

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

****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

 

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.
 

 

UPDATE 2021: This particular online casino was removed due to complaints from the players and visitors to the website. We apologize for the inconvenience.
We will replace it with another recommendation as soon as possible. In the meantime, check out the other online casinos above and below, or the recent casino bonuses, free games or casino reviews.
If you have any issue with the other gambling platforms featured on the website, then please drop a comment or try the live chat (bottom right). We will investigate all reports and take action if necessary.
 

 

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 Playthrough Reload Bonus (Varies by %) Playthrough
Sports 5 points for every $10 wagered 12x 6x-10x
(Baseball) 2 points for every $10 wagered 30x 15x-25x
Horses 7.5 points for every $10 wagered 8x 4x-6.7x
Slots 2 points for every $10 wagered 30x 15x-25x
Table 1 point for every $10 wagered 60x 30x-50x
Video Poker 1.5 points for every $10 wagered 40x 20x-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 Sports Book

Bet Online digital bookmaker, internet poker and online casino website's animated GIF banner displaying the latest 2021 promotional offers and bonus codes offered currently by the gambling platform to new and existing, returning players. This is a paid promotional banner, and acts as a link. By clicking on it, you will be taken to website betonline.ag , where you can register and start playing if you so choose.
Bet Online sports-book, poker and casino, cross platform and mobile compatible, bitcoin accepted.
  • Welcome bonus, $3000, 100% up to $1,000 on your first three deposits. Use the code BOLCASINO
  • or 100% up to $1,000 Welcome Bonus + $25 Risk Free Bet, when you bet on the Cowboys vs. Buccaneers NFL Week 1 season-opener, code: NFL100
  • +100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.
  • 10% weekly rebate for returning players

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.
You can read the review of BetOnline here.

 

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. You can read the other online casino reviews here, and you can find all the current casino bonuses, promotions, offers, codes 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.

 

 

Summary:

 

 

Casino gambling in Panama

Land-based casino venues in Panama: legal since 1998, requires licence

Online casino gambling in Panama: legal since 2002, requires licence

 

Casinos are legal in Panama since 1998. However, there were unique rules restricting them in the beginning. 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 Panama casinos 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.

Casino 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 around 50 casinos in Panama, at least 25 of which can be found in the capital, Panama City. However, most of these venues reportedly are only called casinos, but in reality they are slot halls with no table games (this is true for all 34 “casinos” of the Fantastic casinos brand, they are only slot halls technically), or electronic casinos with only electronic, automated tables, and no live tables with dealers or croupiers. In fact, there is only about approx. 10 de facto casino in all of Panama.

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.

Online casinos in Panama are legal since 2002. also licensed by the Gaming Commission. However, the standards these operations must adhere to arr not as strict as their land-based counterparts’. Therefore, we do not recommend Panama licensed online casinos.

Panama licensed digital casinos do not accept Panama players for tax reasons (details above in the taxation section). Therefore, local players can only paly in international online casinos, which you can see below.

The online casinos below accept players from Panama.

Online casinos accepting players from Panama - click to see

The following online casino websites accept players from Panama:

 

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.
 

 

UPDATE 2021: This particular online casino was removed due to complaints from the players and visitors to the website. We apologize for the inconvenience.
We will replace it with another recommendation as soon as possible. In the meantime, check out the other online casinos above and below, or the recent casino bonuses, free games or casino reviews.
If you have any issue with the other gambling platforms featured on the website, then please drop a comment or try the live chat (bottom right). We will investigate all reports and take action if necessary.
 

 

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 Playthrough Reload Bonus (Varies by %) Playthrough
Sports 5 points for every $10 wagered 12x 6x-10x
(Baseball) 2 points for every $10 wagered 30x 15x-25x
Horses 7.5 points for every $10 wagered 8x 4x-6.7x
Slots 2 points for every $10 wagered 30x 15x-25x
Table 1 point for every $10 wagered 60x 30x-50x
Video Poker 1.5 points for every $10 wagered 40x 20x-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 Sports Book

Bet Online digital bookmaker, internet poker and online casino website's animated GIF banner displaying the latest 2021 promotional offers and bonus codes offered currently by the gambling platform to new and existing, returning players. This is a paid promotional banner, and acts as a link. By clicking on it, you will be taken to website betonline.ag , where you can register and start playing if you so choose.
Bet Online sports-book, poker and casino, cross platform and mobile compatible, bitcoin accepted.
  • Welcome bonus, $3000, 100% up to $1,000 on your first three deposits. Use the code BOLCASINO
  • or 100% up to $1,000 Welcome Bonus + $25 Risk Free Bet, when you bet on the Cowboys vs. Buccaneers NFL Week 1 season-opener, code: NFL100
  • +100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.
  • 10% weekly rebate for returning players

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.
You can read the review of BetOnline here.

 

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. You can read the other online casino reviews here, and you can find all the current casino bonuses, promotions, offers, codes 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.

 

Click here for more info on casinos in Panama.

 

 

Bingo in Panama

Bingo halls in Panama: legal, and specifically regulated since 2003, license required

Online bingo in Panama: legal since 2002, requires licence

 

Land based bingo halls are legal and regulated in Panama by Resolution No. 9 and No. 25 of 2003. Bingo parlors are eligible for a license issued by the Gaming Control Board. 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, but they do not accept players from Panama for taxation reasons.

The following bingo websites accept players from Panama:

UPDATE 2021: This particular online casino was removed due to complaints from the players and visitors to the website. We apologize for the inconvenience.
We will replace it with another recommendation as soon as possible. In the meantime, check out the other online casinos above and below, or the recent casino bonuses, free games or casino reviews.
If you have any issue with the other gambling platforms featured on the website, then please drop a comment or try the live chat (bottom right). We will investigate all reports and take action if necessary.
 

 

 

Poker in Panama

Poker rooms in Panama: legal since 1998, requires licence

Online poker in Panama: legal since 2002, requires licence

 

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. To play poker, one must visit one of the larger venues.

Online poker in Panama is legal with an internet gambling licence 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.

The following online poker sites accept players from Panama.

Online casinos which have online poker sections and accept players from Panama - click to see

The following online casino websites have poker and accept players from Panama:

 

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 Playthrough Reload Bonus (Varies by %) Playthrough
Sports 5 points for every $10 wagered 12x 6x-10x
(Baseball) 2 points for every $10 wagered 30x 15x-25x
Horses 7.5 points for every $10 wagered 8x 4x-6.7x
Slots 2 points for every $10 wagered 30x 15x-25x
Table 1 point for every $10 wagered 60x 30x-50x
Video Poker 1.5 points for every $10 wagered 40x 20x-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 Sports Book

Bet Online digital bookmaker, internet poker and online casino website's animated GIF banner displaying the latest 2021 promotional offers and bonus codes offered currently by the gambling platform to new and existing, returning players. This is a paid promotional banner, and acts as a link. By clicking on it, you will be taken to website betonline.ag , where you can register and start playing if you so choose.
Bet Online sports-book, poker and casino, cross platform and mobile compatible, bitcoin accepted.
  • Welcome bonus, $3000, 100% up to $1,000 on your first three deposits. Use the code BOLCASINO
  • or 100% up to $1,000 Welcome Bonus + $25 Risk Free Bet, when you bet on the Cowboys vs. Buccaneers NFL Week 1 season-opener, code: NFL100
  • +100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.
  • 10% weekly rebate for returning players

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.
You can read the review of BetOnline here.

 

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. You can read the other online casino reviews here, and you can find all the current casino bonuses, promotions, offers, codes 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.

 

 

Sports betting in Panama

Bookmakers, betting shops in Panama: legal, requires licence

Online sports betting in Panama: legal, requires licence

 

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.

The online sportsbooks below accept punters from Panama.

Online bookmakers accepting registrations from Panama - click to see

The following online sportsbooks accept bettors from Panama:

 

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 Playthrough Reload Bonus (Varies by %) Playthrough
Sports 5 points for every $10 wagered 12x 6x-10x
(Baseball) 2 points for every $10 wagered 30x 15x-25x
Horses 7.5 points for every $10 wagered 8x 4x-6.7x
Slots 2 points for every $10 wagered 30x 15x-25x
Table 1 point for every $10 wagered 60x 30x-50x
Video Poker 1.5 points for every $10 wagered 40x 20x-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 Sports Book

Bet Online digital bookmaker, internet poker and online casino website's animated GIF banner displaying the latest 2021 promotional offers and bonus codes offered currently by the gambling platform to new and existing, returning players. This is a paid promotional banner, and acts as a link. By clicking on it, you will be taken to website betonline.ag , where you can register and start playing if you so choose.
Bet Online sports-book, poker and casino, cross platform and mobile compatible, bitcoin accepted.
  • Welcome bonus, $3000, 100% up to $1,000 on your first three deposits. Use the code BOLCASINO
  • or 100% up to $1,000 Welcome Bonus + $25 Risk Free Bet, when you bet on the Cowboys vs. Buccaneers NFL Week 1 season-opener, code: NFL100
  • +100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.
  • 10% weekly rebate for returning players

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.
You can read the review of BetOnline here.

 

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. You can read the other online casino reviews here, and you can find all the current casino bonuses, promotions, offers, codes 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.

 

 

Panama lottery

Lottery in Panama: legal since 1903, monopoly of Loteria Nacional de Beneficiencia

Online lottery in Panama: legal, state monopoly

 

In Panama, lottery is a state monopoly, and it is the oldest form of gambling, legal since 1903. 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 has a deal with Scientific Games, which handles their online lottery platform.

The following websites allow people from Panama to purchase lottery tickets online:

 

 

Bitcoin, cryptocurrency gambling in Panama

Cryptocurrency wagering in Panama: not specifically regulated, de facto legal

 

There are no specific regulations pertaining to bitcoin gambling and bitcoin casinos in Panama. However, some of the Panama licensed online casinos reportedly do accept bitcoin, litecoin and etherum and other digital alternative currencies, which means it is de facto legal.

The bitcoin casinos below accept players from Panama.

Online casinos accepting crypto and players from Panama - click to see

The following online casino websites accept bitcoin, litecoin and ethereum, and accept players from Panama:

 

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.
 

 

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 Playthrough Reload Bonus (Varies by %) Playthrough
Sports 5 points for every $10 wagered 12x 6x-10x
(Baseball) 2 points for every $10 wagered 30x 15x-25x
Horses 7.5 points for every $10 wagered 8x 4x-6.7x
Slots 2 points for every $10 wagered 30x 15x-25x
Table 1 point for every $10 wagered 60x 30x-50x
Video Poker 1.5 points for every $10 wagered 40x 20x-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 Sports Book

Bet Online digital bookmaker, internet poker and online casino website's animated GIF banner displaying the latest 2021 promotional offers and bonus codes offered currently by the gambling platform to new and existing, returning players. This is a paid promotional banner, and acts as a link. By clicking on it, you will be taken to website betonline.ag , where you can register and start playing if you so choose.
Bet Online sports-book, poker and casino, cross platform and mobile compatible, bitcoin accepted.
  • Welcome bonus, $3000, 100% up to $1,000 on your first three deposits. Use the code BOLCASINO
  • or 100% up to $1,000 Welcome Bonus + $25 Risk Free Bet, when you bet on the Cowboys vs. Buccaneers NFL Week 1 season-opener, code: NFL100
  • +100% welcome match bonus up to 100% on your first deposit using Bitcoin, Bitcoin Cash, Ethereum, Litecoin or DASH. No code required.
  • 10% weekly rebate for returning players

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.
You can read the review of BetOnline here.

 

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 I might have gotten something wrong or if you have additional information, clarification about the legal status of online gambling in this country.

 

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: 2021-08-14

Gamble responsibly,
SimonTheSorcerer

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Summary
Simon's Guide to Gambling in Panama
Article Name
Simon's Guide to Gambling in Panama
Description
An overview of the legal status of various forms of online and offline games of chance in Panama.
Author
Simon András Péter (SimonTheSorcerer)
Simon's Online Marketing Kft.
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