The gaming industry in Panama has an economic recovery of 98%
Friday 19 de May 2023 / 12:00
⏱ 2 min read
(Panama City).- The gaming industry, which was hit during the Covid-19 pandemic, has already recovered by 98%, as stated by the Executive Secretary of the Gaming Control Board, Manuel Sánchez, during the realization of the Seventh Ibero-American Gaming Summit.
Sánchez mentioned that the gaming industry is already recovering and there is little left to do, since truly Panama is a country where, at the end of the road, Panamanians play and have fun, playing not only in the casino but also in the lottery, for that reiterated that the industry to take a ride that was hit has recovered.
"I realize daily with the numbers, and I calculate that this month looks very good, and with the numbers that we manage in the Gambling Control Board, for the moment we calculate that for the next month we will be at 100%" Sanchez said.
In the same way, the Executive Secretary of the Gaming Control Board indicated that in order to continue improving the economic recovery of the sector, they have great challenges for the rest of the year, and he cited as an example that the launch of the instant game is coming on May 25. , also the televised bingo that existed before, but had some legal problems due to the fact that bingo was not regulated, as well as the responsible gambling campaign.
The gaming industry in Panama generates more than US$80 million for the State, money that goes to highways, schools, rural areas, among other things, they also pay more than US$45 million a year for rent in commercial premises, it contributes to Social Security more than US$8 million a year, not to mention the more than 10,000 direct permanent jobs in Panama, products of the gaming industry and the racetrack, since they also regulate the Presidente Remón Racetrack.
Categoría:Reports
Tags: Sin tags
País: Panama
Región: Central America and Caribbean
Event
SBC Summit Americas 2026
09 de June 2026
Diego Verano and the consolidation of Eeze at SBC Summit Americas
(Fort Lauderdale, SoloAzar Exclusive).- In dialogue with Diego Verano, Director of Business Development LatAm at Eeze, the executive analyzes the balance of the company's participation in the SBC Summit Americas, the opportunities for expansion in the Americas, the trends that marked the agenda of the event and the growing relevance of responsible gaming and regulation in the industry.
Wednesday 24 Jun 2026 / 12:00
Driving Player Engagement: EGT Digital's Insights from SBC Summit Americas
(Fort Lauderdale, SoloAzar Exclusive).- SBC Summit Americas offered EGT Digital an excellent platform to strengthen existing relationships and engage directly with the LATAM market. Learn more in the following interview with Andres Troelsen, Regional Sales Director LATAM.
Monday 22 Jun 2026 / 12:00
Sportradar’s Eduardo Lobato about SBC Summit Americas: "this year's edition was particularly special"
(Fort Lauderdale, Florida, SoloAzar Exclusive).- In an interview following SBC Summit Americas, Eduardo Lobato, Enterprise Client Partner Lead at Sportradar, shares his insights on the industry's evolving priorities, the impact of the FIFA World Cup atmosphere on the event, and why AI-powered personalization is becoming essential for long-term success in Latin America's betting market.
Monday 22 Jun 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
