|
 
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PanamaPanama adopted regulations governing the licensing of electronic games of chance and wagering activities in late 2002. The regulations allow master licenses to be granted that are valid for up to seven years upon payment of a license fee of USD 40,000. There is also an annual license fee of USD 20,000. Master license holders may grant sublicenses, which are subject to the annual fee. Applicants must pay all investigation costs incurred in the processing of the application. Panamanian taxation policies allow Internet gaming companies to operate essentially tax-free when accepting foreign wagers. International Cybergaming Corporation has been given the authority by the Gaming Control Board to issue online licenses to third parties. Every operator is sublicensed by the company as they are the only entity licensed by the Board. Licensed operators must not allow citizens of Panama to engage in online gambling activities and cannot offer betting outcomes on amateur sports events played in Panama as well as professional teams headquartered in Panama regardless of the place of the sporting event. 22 Panama sites support English. edit your preferences Panama
Address
Junta de Control de Juegos Albrook Edificio 868 Ancon Panama City Panama Website General Information +507 507 7903 View All Gaming Jurisdictions Panama Jurisdiction News
PokerTek installed in Panama casino
PokerTek reports the installation of PokerPro at Marriott Royal Casino, located in the heart of Panama City's hotel and banking district.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
