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Gaming Control Board of Panama

Since 2002, Panama is an official gambling jurisdiction with the Online Gaming Act of 2002. The Panama Gaming Control Board issues licenses and certificates to online casino brands that offer interactive gaming-related activities. This jurisdiction aims to establish a safe, secure, fair, and transparent gaming environment in which both casino operators and players can feel safe and protected. This regulatory body controls and regulates all gambling-related activities within the territory of Panama regarding the highest safety and security stand...ards in the iGaming industry. Online casinos wanting to operate in Panama have to obey all lawful requirements of the regulatory body.
Panama License Logo

Gaming Control Board of Panama

Casinos listed: 0

Country: Panama

Website: www.mef.gob.pa

Landia Rating: 92

Our Top 10 Favorite Panamanian Casinos

Currently, we didn't list any brands with Panama License. But get ready for our curated top 10 favorite casinos tailored just for Panamanian players!

gold medal
#1 Best Casino 2024
Tsars Casino Mobile App logo

Tsars Casino Review

USARated 100.00/100%

welcome bonus

100%/€2,000 + 200 Free Spins

25x wagering (Deposit & Bonus)

Play
Number of games
75+
Payment methods
17
Game providers
60
Min deposit
20
US Players
Not Accepted
bronze medal
#3 Best Casino 2023
Casoo Casino logo

Casoo Casino Review

USARated 99.93/100%

welcome bonus

100%/€2,000 + 200 Free Spins

25x wagering (Deposit & Bonus)

Play
Number of games
270+
Payment methods
17
Game providers
50
Min deposit
10
US Players
Not Accepted
flame
First City Builder Casino
MyEmpire Casino logo

MyEmpire Casino Review

USARated 99.72/100%

welcome bonus

120%/€800 + 300 Free Spins

35x wagering (Deposit & Bonus)

Play
Number of games
170+
Payment methods
28
Game providers
81
Min deposit
10
US Players
Not Accepted
quality brand
Established Name
Zet Casino logo

Zet Casino Review

USARated 99.43/100%

welcome bonus

100%/€500 + 200 Free Spins + 1 Bonus Crab

35x wagering (Deposit & Bonus)

Play
Number of games
140+
Payment methods
12
Game providers
56
Min deposit
10
US Players
Not Accepted
New Icon
Hot New Brand
Neon54 Casino logo

Neon54 Casino Review

USARated 99.34/100%

welcome bonus

100%/€500 + 200 Free Spins + 1 Bonus Crab

35x wagering (Deposit & Bonus)

Play
Number of games
229+
Payment methods
16
Game providers
116
Min deposit
10
US Players
Not Accepted
New Icon
Hot New Brand
Verde Casino logo

Verde Casino Review

USARated 99.33/100%

welcome bonus

100%/€1,200 + 220 Free Spins

40x wagering (Deposit & Bonus)

Play
Number of games
147+
Payment methods
43
Game providers
75
Min deposit
20
US Players
Not Accepted
New Icon
Hot New Brand
Slots Palace Casino logo

Slots Palace Casino Review

USARated 99.09/100%

welcome bonus

100%/€1,000

35x wagering (Deposit & Bonus)

Play
Number of games
225+
Payment methods
17
Game providers
79
Min deposit
20
US Players
Not Accepted
premium quality icon
Quality Brand
NovaJackpot Casino logo

NovaJackpot Casino Review

USARated 98.91/100%

welcome bonus

100%/€500 + 200 Free Spins + 1 Bonus Crab

35x wagering (Deposit & Bonus)

Play
Number of games
296+
Payment methods
36
Game providers
109
Min deposit
10
US Players
Not Accepted
silver medal
#2 Best Casino 2023
Pledoo Casino logo

Pledoo Casino Review

USARated 98.91/100%

welcome bonus

370%/€3,000 + 225 Free Spins

35x wagering (Deposit & Bonus)

Play
Number of games
190+
Payment methods
22
Game providers
37
Min deposit
10
US Players
Not Accepted
graphic design
Exceptional Design
Spinanga Casino logo

Spinanga Casino Review

USARated 98.89/100%

welcome bonus

100%/€500 + 200 Free Spins + 1 Bonus Crab

35x wagering (Deposit & Bonus)

Play
Number of games
263+
Payment methods
22
Game providers
109
Min deposit
10
US Players
Not Accepted
10/ 10 (100%)

All Casinos with Panama License

These casinos adhere to stringent regulatory standards set forth by the Panama Gaming Control Board, ensuring fair play and player protection. With a Panama license, online casinos can offer a wide range of games, including slots, table games, live dealer options, and more, providing players with a comprehensive and exciting gaming experience. Additionally, these casinos often boast attractive bonuses and promotions, further enhancing the gaming journey for players seeking top-tier entertainment in a trusted and regulated environment.

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Panama Icon

Introduction to Casinos with Panama License

Aside from being one of the smallest gambling jurisdictions around the globe, the Panama Gaming Control Board poses controls and regulations on all online casino brands operating in the territory of Panama. The history of the Panama Gaming Control Board dates back to 1947 when the regulatory body was officially established but it had its initial successful license issued 16 years later in 2003. For this long period of time, the Panama GCB has specialized in issuing licenses and certificates to online casinos that are proven to provide lawful services and their following monitoring and regulation. This gambling jurisdiction has a great reputation all over the world since it is known for a fact that Panama-licensed casinos don’t compromise safety, security, and protection.

The Best Casinos With Active Panama License Explained

Tsars Casino

Nikola Miroslavov | Chief Operating Officer

Updated: Feb 29, 2024

Key Quality Metrics

Tsars Casino offers over 3000 slot games and over 75 live dealer casino games. The welcome bonus offer is 100%/€2,000 + 200 Free Spins with wagering requirements of 25x on the amount of Deposit & Bonus. The venue supports 17 popular payment methods and is available in 14 languages. The minimum deposit is €20, and the minimum withdrawal is €20. The casino has a VIP program for loyal players. For non-VIP players, the withdrawal limit is €30,000 per Month. Crypto payments are accepted, with over 4 popular cryptos. There are regular casino tournaments to compete at. The website is fully compatible with all popular devices.

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Bonus Quality

Overall, Tsars Casino offers 18 different bonuses. The First Deposit bonus is 100% up to €300 + 100 Free Spins with wagering requirements of 25 on the amount of Deposit & Bonus. Other bonuses include Second Deposit, Third Deposit, Fourth Deposit, Reload, Christmas, Christmas, Christmas, Christmas, Christmas, Christmas, Christmas, Christmas, Christmas, Christmas, Christmas, New Year's, New Year's. See our Instant Bonus Calculator below to see the Required Amount to be Played before cashing in the bonus.

Game Selection

The game portfolio of Tsars Casino consists of more than 3000 slots and over 75 live dealer games. In total there are, 60 software providers such as 1X2gaming, Amatic Industries, Amusnet, Apparat Gaming, Authentic Gaming, AvatarUX Studios, Barbara Bang and others.

Payment Options

Tsars Casino accepts 17 payment methods and processes 12 currencies. The standard processing time is Up to 3 Business days, depending on the payment method. The minimum deposit and withdrawal amounts are €20 and €20, respectively with a withdrawal limit of €30,000 per Month. Popular payment methods are Visa, Coinbase, MasterCard, and more. Popular currencies are Bank Transfer, EcoPayz, Giropay, Interac, Jeton, Klarna, Mastercard, Neosurf, Neteller, Paysafecard and others.

Tsars Casino Current Bonuses

First Deposit

100%/€300 + 100 Free Spins

x25 wagering (Deposit & Bonus)

Second Deposit

50%/€300 + 100 Free Spins

x25 wagering (Deposit & Bonus)

Third Deposit

40%/€400

x25 wagering (Deposit & Bonus)

Fourth Deposit

25%/€1,000

x25 wagering (Deposit & Bonus)

Reload

30%/€300

x25 wagering (Deposit & Bonus)

Christmas

50%/€300 + 100 Free Spins

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Christmas

50Free Spins

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Christmas

100 Free Spins

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Christmas

100 Free Spins

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Christmas

100%/€300 + 100 Free Spins

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Christmas

70%/€300 + 100 Free Spins

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Christmas

70%/€300 + 100 Free Spins

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Christmas

50%/€300 + 100 Free Spins

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Christmas

50 Free Spins

x0 wagering (Deposit & Bonus)

Christmas

100 Free Spins

x0 wagering (Deposit & Bonus)

New Year's

100%/€300 + 100 Free Spins

x20 wagering (Deposit & Bonus)

New Year's

100%/€500 + 100 Free Spins

x10 wagering (Deposit & Bonus)

Tsars Casino Mobile App logo

Tsars Casino Review

Panama Players from PA Accepted

Panama PAB Not Accepted

Panama Spanish Version Available

Play Here

Casoo Casino

Polina Dimova | Master Content Creator

Updated: Feb 27, 2024

Key Quality Metrics

Casoo Casino offers over 3000 slot games and over 270 live dealer casino games. The welcome bonus offer is 100%/€2,000 + 200 Free Spins with wagering requirements of 25x on the amount of Deposit & Bonus. The venue supports 17 popular payment methods and is available in 6 languages. The minimum deposit is €10, and the minimum withdrawal is €20. The casino has a VIP program for loyal players. For non-VIP players, the withdrawal limit is €10,000 per Month. Crypto payments are accepted, with over 12 popular cryptos. The website is fully compatible with all popular devices.

laptop Casoo Casino Desktop View

Bonus Quality

Overall, Casoo Casino offers 4 different bonuses. The First Deposit bonus is 100% up to €300 + 100 Free Spins with wagering requirements of 25 on the amount of Deposit & Bonus. Other bonuses include Second Deposit, Third Deposit, Fourth Deposit. See our Instant Bonus Calculator below to see the Required Amount to be Played before cashing in the bonus.

Game Selection

The game portfolio of Casoo Casino consists of more than 3000 slots and over 270 live dealer games. In total there are, 50 software providers such as 1X2gaming, Amatic Industries, Apollo Games, Asia Gaming, Asia Live Tech, Authentic Gaming, Betsoft and others.

Payment Options

Casoo Casino accepts 17 payment methods and processes 8 currencies. The standard processing time is Up to 3 Business days, depending on the payment method. The minimum deposit and withdrawal amounts are €10 and €20, respectively with a withdrawal limit of €10,000 per Month. Popular payment methods are Visa, Coinbase, MasterCard, and more. Popular currencies are Bank Transfer, EcoPayz, Jeton, Maestro, Mastercard, Neosurf, Neteller, Paysafecard, QIWI, Revolut and others.

Casoo Casino Current Bonuses

First Deposit

100%/€300 + 100 Free Spins

x25 wagering (Deposit & Bonus)

Second Deposit

50%/€300 + 100 Free Spins

x25 wagering (Deposit & Bonus)

Third Deposit

40%/€400

x25 wagering (Deposit & Bonus)

Fourth Deposit

25%/€1,000

x25 wagering (Deposit & Bonus)

Casoo Casino logo

Casoo Casino Review

Panama Players from PA Accepted

Panama PAB Not Accepted

Panama Spanish Version Not Available

Play Here

MyEmpire Casino

Gabriela Kirilova | Content Specialist/Slot Expert

Updated: Feb 27, 2024

Key Quality Metrics

MyEmpire Casino offers over 6670 slot games and over 170 live dealer casino games. The welcome bonus offer is 120%/€800 + 300 Free Spins with wagering requirements of 35x on the amount of Deposit & Bonus. The venue supports 28 popular payment methods and is available in 17 languages. The minimum deposit is €10, and the minimum withdrawal is €10. The casino has a VIP program for loyal players. For non-VIP players, the withdrawal limit is €7,000 per Month. Crypto payments are accepted, with over 8 popular cryptos. The website is fully compatible with all popular devices.

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Bonus Quality

Overall, MyEmpire Casino offers 10 different bonuses. The First Deposit bonus is 120% up to €240 + 100 Free Spins with wagering requirements of 35 on the amount of Deposit & Bonus. Other bonuses include Second Deposit, Third Deposit, Fourth Deposit, Cashback, Reload, Crypto, Crypto, Crypto, Crypto. See our Instant Bonus Calculator below to see the Required Amount to be Played before cashing in the bonus.

Game Selection

The game portfolio of MyEmpire Casino consists of more than 6670 slots and over 170 live dealer games. In total there are, 81 software providers such as 1X2gaming, 2by2 Gaming, 3 Oaks Gaming, 3 Oaks Gaming (Booongo), All41 Studios, Amatic Industries, Apollo Games and others.

Payment Options

MyEmpire Casino accepts 28 payment methods and processes 14 currencies. The standard processing time is Up to 3 Business days, depending on the payment method. The minimum deposit and withdrawal amounts are €10 and €10, respectively with a withdrawal limit of €7,000 per Month. Popular payment methods are Visa, Coinbase, MasterCard, and more. Popular currencies are Apple Pay, AstroPay Card, CashtoCode, EcoPayz, EPS, eZeeWallet, Flexepin, Giropay, Inovapay, Interac and others.

MyEmpire Casino Current Bonuses

First Deposit

120%/€240 + 100 Free Spins

x35 wagering (Deposit & Bonus)

Second Deposit

110%/€220

x35 wagering (Deposit & Bonus)

Third Deposit

100%/€100 + 150 Free Spins

x35 wagering (Deposit & Bonus)

Fourth Deposit

120%/€240 + 50 Free Spins

x35 wagering (Deposit & Bonus)

Cashback

20% Cashback

x0 wagering (Deposit & Bonus)

Reload

50%/€700 + 50 Free Spins

x35 wagering (Deposit & Bonus)

Crypto

50%/50 mBTC/€1,000

x35 wagering (Deposit & Bonus)

Crypto

100%/12.5 mBTC/€250

x35 wagering (Deposit & Bonus)

Crypto

100%/12.5 mBTC/€250

x35 wagering (Deposit & Bonus)

Crypto

25%/25 mBTC/€500

x35 wagering (Deposit & Bonus)

MyEmpire Casino logo

MyEmpire Casino Review

Panama Players from PA Accepted

Panama PAB Not Accepted

Panama Spanish Version Available

Play Here

Zet Casino

Polina Dimova | Master Content Creator

Updated: Feb 27, 2024

Key Quality Metrics

Zet Casino offers over 9400 slot games and over 140 live dealer casino games. The welcome bonus offer is 100%/€500 + 200 Free Spins + 1 Bonus Crab with wagering requirements of 35x on the amount of Deposit & Bonus. The venue supports 12 popular payment methods and is available in 15 languages. The minimum deposit is €10, and the minimum withdrawal is €10. The casino has a VIP program for loyal players. For non-VIP players, the withdrawal limit is €7,000 per Month. Crypto payments are accepted, with over 4 popular cryptos. There are regular casino tournaments to compete at. The website is fully compatible with all popular devices.

laptop Zet-Desktop-Video

Bonus Quality

Overall, Zet Casino offers 8 different bonuses. The First Deposit bonus is 100% up to €500 + 200 Free Spins with wagering requirements of 35 on the amount of Deposit & Bonus. Other bonuses include Cashback, Cashback, Reload, Reload, Reload, Sports, Valentine's Day. See our Instant Bonus Calculator below to see the Required Amount to be Played before cashing in the bonus.

Game Selection

The game portfolio of Zet Casino consists of more than 9400 slots and over 140 live dealer games. In total there are, 56 software providers such as 1X2gaming, 2by2 Gaming, All41 Studios, Amatic Industries, Betsoft, BF Games, BGAMING and others.

Payment Options

Zet Casino accepts 12 payment methods and processes 26 currencies. The standard processing time is Up to 3 Business days, depending on the payment method. The minimum deposit and withdrawal amounts are €10 and €10, respectively with a withdrawal limit of €7,000 per Month. Popular payment methods are Visa, Coinbase, MasterCard, and more. Popular currencies are AstroPay Card, Bank Transfer, EcoPayz, Giropay, Interac, Klarna, Mastercard, MiFinity, Neteller, Paysafecard and others.

Zet Casino Current Bonuses

First Deposit

100%/€500 + 200 Free Spins

x35 wagering (Deposit & Bonus)

Cashback

25% Cashback

x1 wagering (Deposit Only)

Cashback

10% Cashback

x0 wagering (Deposit Only)

Reload

50%/€50

x0 wagering (Deposit & Bonus)

Reload

50%/€500

x8 wagering (Deposit & Bonus)

Reload

50%/€700 + 50 Free Spins

x35 wagering (Deposit & Bonus)

Sports

100%/€100

x5 wagering (Deposit & Bonus)

Valentine's Day

100 Free Spins

x0 wagering (Deposit & Bonus)

Zet Casino logo

Zet Casino Review

Panama Players from PA Accepted

Panama PAB Not Accepted

Panama Spanish Version Not Available

Play Here

Neon54 Casino

Gabriela Kirilova | Content Specialist/Slot Expert

Updated: Feb 20, 2024

Key Quality Metrics

Neon54 Casino offers over 9011 slot games and over 229 live dealer casino games. The welcome bonus offer is 100%/€500 + 200 Free Spins + 1 Bonus Crab with wagering requirements of 35x on the amount of Deposit & Bonus. The venue supports 16 popular payment methods and is available in 17 languages. The minimum deposit is €10, and the minimum withdrawal is €10. The casino has a VIP program for loyal players. For non-VIP players, the withdrawal limit is €7,000 per Month. Crypto payments are accepted, with over 8 popular cryptos. There are regular casino tournaments to compete at. The website is fully compatible with all popular devices.

laptop Neon54 Desktop Video Review

Bonus Quality

Overall, Neon54 Casino offers 11 different bonuses. The First Deposit bonus is 10% Cashback with wagering requirements of 1 on the amount of Deposit & Bonus. Other bonuses include First Deposit, First Deposit, First Deposit, First Deposit, Crypto, Crypto, Crypto, Crypto, Weekend, Valentine's Day. See our Instant Bonus Calculator below to see the Required Amount to be Played before cashing in the bonus.

Game Selection

The game portfolio of Neon54 Casino consists of more than 9011 slots and over 229 live dealer games. In total there are, 116 software providers such as 1X2gaming, 2by2 Gaming, 3 Oaks Gaming, All41 Studios, Amatic Industries, Amusnet, Apollo Games and others.

Payment Options

Neon54 Casino accepts 16 payment methods and processes 22 currencies. The standard processing time is Up to 3 Business days, depending on the payment method. The minimum deposit and withdrawal amounts are €10 and €10, respectively with a withdrawal limit of €7,000 per Month. Popular payment methods are Visa, Coinbase, MasterCard, and more. Popular currencies are Aktia, AlandsBanken, Bank Transfer, eZeeWallet, Jeton, Klarna, Mastercard, MiFinity, Neteller, Nordea and others.

Neon54 Casino Current Bonuses

First Deposit

10% Cashback

x1 wagering (Deposit & Bonus)

First Deposit

150 Free Spins

x40 wagering (Deposit & Bonus)

First Deposit

50%/€1,000 + 1 Bonus Crab

x35 wagering (Deposit & Bonus)

First Deposit

100%/€500 + 200 Free Spins + 1 Bonus Crab

x35 wagering (Deposit & Bonus)

First Deposit

25% Cashback

x1 wagering (Deposit & Bonus)

Crypto

50%/50 mBTC

x35 wagering (Deposit & Bonus)

Crypto

100%/12,5 mBTC

x35 wagering (Deposit & Bonus)

Crypto

100%/12,5 mBTC

x35 wagering (Deposit & Bonus)

Crypto

25%/25 mBTC

x35 wagering (Deposit & Bonus)

Weekend

50%/€700 + 50 Free Spins

x35 wagering (Deposit & Bonus)

Valentine's Day

100 Free Spins

x0 wagering (Deposit & Bonus)

Neon54 Casino logo

Neon54 Casino Review

Panama Players from PA Accepted

Panama PAB Not Accepted

Panama Spanish Version Available

Play Here
5/ 5 (100%)

The History of the GAMING CONTROL BOARD OF PANAMA

Panama License LogoThe Panama Gaming Control Board (PGCB), also known as Junta de Control de Juegos, stands as the guardian of fair and responsible gambling within Panama's borders. Established in 1998 under the Ministry of Economy and Finance, this regulatory body ensures the integrity and transparency of both land-based and online gambling ventures. With the implementation of the Online Gaming Act in 2002, Panama has emerged as a magnet for online casinos, thanks to its robust regulatory framework overseen by the PGCB.

Here's a breakdown of the PGCB's pivotal role and core functions:

  1. Licensing and Regulation: The PGCB oversees the licensing process for both land-based and online gambling establishments, ensuring compliance with strict regulatory standards.

  2. Monitoring and Enforcement: Rigorous monitoring mechanisms are in place to uphold fair play and prevent illicit activities within the gambling industry.
  3. Promotion of Responsible Gambling: The PGCB is dedicated to fostering a culture of responsible gambling, promoting awareness and offering support to those in need.
  4. Economic Growth Catalyst: By regulating the gaming sector, the PGCB aims to stimulate economic growth and create opportunities for investment and employment.
  5. Identification of Games of Chance: Through thorough assessment, the PGCB determines which games fall under its jurisdiction as games of luck and chance.

To achieve these objectives, the PGCB operates under a comprehensive set of laws and regulations. Key aspects of its regulatory framework include:

  • Taxation: Gambling operators are subject to a 30% taxation rate, contributing to national revenue streams.
  • Monitoring and Compliance: Stringent monitoring ensures that gaming operations adhere to prescribed standards, with records of all transactions meticulously maintained.
  • Infrastructure Support: The PGCB provides essential infrastructure, including robust broadband networks, to facilitate smooth gaming experiences.
  • Jurisdictional Oversight: All gaming operators and companies fall under the jurisdiction of the PGCB, ensuring compliance with regulatory standards and safeguarding consumer interests.
  • Anti-Money Laundering Measures: The PGCB collaborates with international partners and implements measures such as the Tax Information Exchange Agreement (TIEA) to combat money laundering and uphold financial integrity.

Through its proactive approach and unwavering commitment to excellence, the PGCB plays a pivotal role in shaping Panama's gambling landscape, fostering trust and confidence among operators and players alike.

Different Class of Panama Licenses

In Panama, both land-based and online casinos operate under the oversight of the Panama Gaming Control Board (PGCB). While Panama may not be as prominent as some other global gambling regulators, obtaining a license from the PGCB entails a meticulous process involving detailed paperwork and thorough due diligence.

To obtain a PGCB casino license, applicants must navigate several requirements and procedures:

  1. Company Formation: Applicants must establish a company within Panama's jurisdiction or register as a foreign company in the Public Registry of Panama.
  2. Compliance Declaration: A declaration of intent to comply with all gambling laws and regulations must be submitted, accompanied by the appointment of a legal representative in Panama.
  3. Business Plan and Feasibility Study: An extensive business plan, including a feasibility study conducted by an independent consulting firm, is required as part of the application process.
  4. Experience and Integrity: Applicants must demonstrate prior experience and knowledge in operating casino businesses. Additionally, their history, integrity, and prior business operations undergo thorough investigation.
  5. Fairness and Transparency: The applicant must establish that their casino systems operate fairly and transparently, ensuring a level playing field for all players.
  6. Anti-Money Laundering Measures: Measures to identify the source of funds deposited by players and prevent money laundering must be implemented and demonstrated.
  7. Financial Capacity: Evidence of financial capacity to sustain casino operations and pay out player winnings in full is essential for approval.

By adhering to these stringent requirements and demonstrating commitment to regulatory compliance and player protection, applicants can secure a PGCB casino license, ensuring a safe and transparent gambling environment for players in Panama.

Regulation on Panama Licensed Casinos

Regulation IconIn Panama, the Junta de Control de Juegos regulates both land-based and online gambling establishments, ensuring compliance with stringent licensing and regulatory standards. Despite its small size, Panama is recognized as a reputable licensing jurisdiction, with its Gaming Decree-Law No. 2 of February 1998 empowering the state to issue licenses for brick-and-mortar casinos, online betting sites, and other gaming venues. The introduction of legislation in 2002 further bolstered Panama's position as a leader in regulated online gambling, attracting several prominent sports betting and online casino operators. Panama's regulatory framework encompasses anti-money laundering regulations, counter-terrorism financing measures, and rigorous know-your-customer policies, underscoring its commitment to combatting illicit activities within the industry. The Junta de Control de Juegos conducts regular compliance audits to ensure adherence to licensing terms, with licensees mandated to maintain comprehensive audit trails and provide access to gaming systems for third-party auditors. Transparency and accountability are emphasized, with gaming rules, results, and payout information required to be retained and made available for inspection for a period of five years, solidifying Panama's reputation as a trusted and transparent gambling jurisdiction.

Pros and Cons of Panama License

Pros of Panama License

  • prosReputable Jurisdiction: Panama is recognized as a reputable licensing jurisdiction in the gambling industry, providing credibility and legitimacy to licensed operators.
  • Flexible Licensing Options: The regulatory framework in Panama offers flexible licensing options for both land-based and online gambling establishments, accommodating various business models and types of gaming operations.
  • International Recognition: Panama's licensing regime enjoys international recognition, attracting operators from around the world seeking a regulated and compliant gaming environment.
  • Strong Regulatory Oversight: The Junta de Control de Juegos enforces stringent regulatory standards, ensuring fair play, player protection, and compliance with anti-money laundering measures.
  • Taxation Benefits: With a taxation rate of 30%, Panama offers competitive tax rates for licensed gambling operators, allowing for favorable financial incentives.
  • Access to Banking Services: Licensed operators in Panama have access to reliable banking services, facilitating secure transactions and financial operations.
  • Strategic Location: Panama's strategic geographical location provides access to a diverse and international player base, enhancing market potential for licensed operators.

Cons of Panama License

  • consComplex Licensing Process: The process of obtaining a Panama license can be complex and time-consuming, requiring extensive paperwork, due diligence, and financial resources.
  • Limited Market Reach: While Panama offers access to an international player base, the market size may be relatively small compared to other jurisdictions, limiting growth opportunities for operators.
  • Regulatory Compliance Burden: Licensed operators must adhere to strict regulatory requirements and compliance standards set by the Junta de Control de Juegos, which may impose administrative burdens and operational costs.
  • Competitive Landscape: Panama faces competition from other established gambling jurisdictions, potentially impacting the market competitiveness and attractiveness for operators.
  • Language and Cultural Barriers: Operating in Panama may present challenges related to language and cultural differences, particularly for foreign operators unfamiliar with local customs and business practices.
  • Risk of Regulatory Changes: Changes in regulatory policies or legal frameworks could pose risks to licensed operators, necessitating adaptability and ongoing compliance efforts.
  • Perception Challenges: Despite its regulatory framework, Panama may still face perception challenges regarding its licensing regime, particularly in comparison to more well-known gambling jurisdictions.

How to Obtain a Panama Casino License?

Step01

documents

Prepare Documentation

Gather all necessary documents to support your application for a Panama gambling license. This includes:

  • Company registration papers from Panama or proof of foreign entity registration in Panama's Public Registry.
  • Financial statements demonstrating your company's stability and viability.
  • Compliance records outlining your commitment to regulatory standards and responsible gambling practices.

Ensure that all documents are up-to-date and accurately reflect your company's operations and financial standing.

Step02

Submit Icon

Submit Application

Present a comprehensive application package to the Junta de Control de Juegos. This should include:

  • Detailed information about your company's background, ownership structure, and management team.
  • Proposed gaming operations, including the types of games offered and target markets.
  • Plans for ensuring compliance with regulatory requirements, such as anti-money laundering measures and player protection protocols.

Clearly outline your commitment to operating within the bounds of Panamanian law and upholding the integrity of the gambling industry.

Step03

Undergo Assessment

Your application will undergo a thorough assessment by regulatory authorities. This process may involve:

  • Background checks on key stakeholders involved in the business.
  • Financial audits to assess the stability and viability of your company.
  • Interviews with key personnel to evaluate your proposed gaming operations and compliance measures.

Be prepared to provide additional information or clarification as requested by regulatory authorities during the assessment process.

Step04

Address Feedback

If feedback or additional requirements are provided by the Junta de Control de Juegos:

  • Review and carefully consider the feedback provided.
  • Make any necessary adjustments or revisions to your application to address the concerns raised.
  • Demonstrate your commitment to regulatory compliance and willingness to work collaboratively with regulatory authorities.

Step05

Finalize Compliance

Ensure full compliance with all regulatory requirements before proceeding:

  • Implement robust anti-money laundering measures to prevent financial crimes.
  • Establish policies and procedures for responsible gambling and player protection.
  • Demonstrate transparency and integrity in all aspects of your gaming operations.

Work closely with regulatory authorities to address any outstanding compliance issues and ensure your operations meet the highest standards of integrity and accountability.

Step06

Receive Approval

Upon successful completion of the assessment process and fulfillment of all regulatory requirements:

  • Receive official approval from the Junta de Control de Juegos, granting you a Panama gambling license.
  • Celebrate this significant milestone, knowing that your company has met the rigorous standards set forth by Panamanian regulators.
  • Prepare to launch your licensed gambling operations with confidence, knowing that you are operating within the bounds of the law and contributing to a safe and responsible gambling environment.

Reputation of Casino Licensing From Panama

The reputation of casino licensing from Panama holds significant weight in the global gambling industry. While Panama may not be as widely recognized as some other gambling jurisdictions, its licensing framework is respected and trusted by operators worldwide. The Panama Gaming Control Board, also known as Junta de Control de Juegos, is responsible for auditing, licensing, and regulating online casino websites operating within its jurisdiction, ensuring compliance with stringent regulatory standards. Despite being one of the smaller advanced gaming jurisdictions, Panama offers a transparent and reliable licensing process, attracting operators seeking a regulated and compliant environment. With a Panama gambling license, operators benefit from favorable tax exemptions, customs duty concessions, and political stability. Additionally, Panama's recognition by many countries around the world further enhances the appeal of its licensing regime, providing operators with access to a large potential customer base. Overall, the reputation of casino licensing from Panama is bolstered by its commitment to regulatory excellence, transparency, and integrity, making it a preferred choice for operators looking to establish a reputable and compliant online gambling business.

Benefits of Using Panama License

The benefits of utilizing a Panama license for online gambling operations are manifold and extend beyond mere regulatory compliance. Here are some key advantages:

  1. Tax Benefits: One of the most notable advantages is the favorable tax environment offered by Panama. Licensed operators enjoy complete tax exemptions, including income tax, VAT, and other sales taxes, making it an attractive proposition for maximizing profits.
  2. Customs Duty Concessions: Panama extends customs duty concessions for imports necessary to conduct online gambling activities, reducing operational costs and enhancing profitability for licensed operators.
  3. Political Stability and Infrastructure: Panama boasts political stability, robust telecommunications facilities, and a well-established financial services industry. These factors provide a conducive environment for international online gaming companies to thrive and expand their operations.
  4. International Recognition: A Panama gambling license is recognized by many countries worldwide, facilitating access to a broad customer base and expanding market reach for licensed operators.
  5. Regulatory Reputation: While not as widely known as some other jurisdictions, Panama's regulatory framework is respected and trusted within the gambling industry. The Panama Gaming Control Board ensures stringent oversight and compliance with regulatory standards, instilling confidence in operators and players alike.
  6. Operational Flexibility: Panama offers flexible licensing options that accommodate various types of gaming operations, including casino games, sports betting, poker, and more. This flexibility allows operators to tailor their offerings to meet the diverse needs and preferences of their target audience.
  7. Global Expansion Opportunities: With a Panama license, online gaming companies can legally operate and expand their business operations worldwide. This enables operators to tap into new markets and capitalize on growth opportunities in the rapidly evolving online gambling industry.

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Safety and Security in Panama Licensed Casinos

Safety and security are paramount considerations for players and operators alike in Panama licensed casinos. The Panama Gaming Control Board (Junta de Control de Juegos) maintains stringent regulations and oversight to ensure a secure and fair gaming environment. Licensed casinos are required to adhere to strict standards regarding player protection, responsible gambling measures, and anti-money laundering protocols. Robust security measures, including encryption technology and firewall protection, safeguard players' personal and financial information from unauthorized access or misuse. Additionally, regular audits and inspections by regulatory authorities ensure the integrity and fairness of casino operations, providing players with confidence in the reliability and trustworthiness of licensed casinos. With a focus on transparency and accountability, Panama licensed casinos prioritize the safety and security of their players, offering peace of mind and a seamless gaming experience.

Discover Panama – A Vibrant Destination

Nestled between the Pacific Ocean and the Caribbean Sea, Panama is a vibrant and diverse destination waiting to be explored. Known for its iconic Panama Canal, which connects the Atlantic and Pacific oceans, Panama boasts a rich history, diverse culture, and stunning natural beauty. Visitors can immerse themselves in the colonial charm of Panama City's Casco Viejo, explore lush rainforests teeming with exotic wildlife, or unwind on pristine beaches fringed by turquoise waters. With a warm tropical climate and welcoming locals, Panama offers something for every traveler, from thrilling adventures to relaxing getaways. Whether you're marveling at the engineering marvel of the Panama Canal or soaking in the breathtaking beauty of its landscapes, Panama promises an unforgettable experience for all who visit.

 

PANAMA GAMING CONTROL BOARD (PGCB) CONTACT INFORMATION

OTHER MAJOR CASINO LICENSING JURISDICTIONS

We have reviewed every major online casino licensing jurisdiction on our site. Below you can find the complete listing of our license reviews.

Curacao EGaming Logo

Curaçao Gaming Control Board

MGA Logo

Malta Gambling Authority

UK Gambling Commission

United Kingdom Gambling Commission

Estonia License Logo

Estonian Tax and Customs Board

Kahnawake Gaming Commission

Kahnawake Gaming Commission

Swedish License Logo

Swedish Gambling Authority (Spelinspektionen)

AGCO Logo

Alcohol and Gaming Commission of Ontario

Costa Rica Gambling Law Attorneys

Ministry of Economy, Industry, and Commerce of Costa Rica

Danish Gambling Authority Logo

Danish Gambling Authority

Alderney Gambling Control Commission Logo

Alderney Gambling Control Commission

Nigeria License Logo

National Lottery Regulatory Commission of Nigeria

CasinoLandia's Conclusion on Panama Licensed Casinos

]CasinoLandia recognizes Panama licensed casinos as a reputable and reliable choice for both players and operators in the online gambling industry. With robust regulatory oversight from the Panama Gaming Control Board, licensed casinos in Panama adhere to stringent standards of fairness, security, and player protection. The favorable tax environment, political stability, and international recognition further enhance the appeal of Panama as a licensing jurisdiction for operators seeking a compliant and profitable gaming environment. Safety and security are paramount in Panama licensed casinos, ensuring a trustworthy and enjoyable gaming experience for players. Overall, CasinoLandia recommends Panama licensed casinos as a top choice for operators looking to establish a reputable online gambling business and for players seeking a safe and exciting gaming destination.

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