Gambling in Panama
Gambling in Panama is completely legal, and it has been for many years. The country offers just about every form of gambling imaginable, such as large scale casinos, poker tournaments, bingo halls, and even a well-established sports betting industry. The country runs a national lottery as well, and proceeds from ticket sales go to help social causes like hospitals and local charities. While most gambling venues and companies in Panama are owned by private interests, they all answer to the government's Gaming Commission (Junto de Control de Juegos), which regulates and oversees all gambling establishments in Panama.
Online Gambling in Panama
Online gambling is also legal in Panama. The government has been issuing licenses to local and foreign companies since April of 2002 which authorize them to offer gambling services over the internet from websites hosted in Panama. Internet gambling laws in Panama are extensive and complicated, but they allow players to take part in legal online wagering in Panama. Online gambling companies operate more or less tax free when dealing with foreign gamblers. Locals also have it good, as they are able to participate in internet gambling as well. This gives players a wide range of choices when it comes to online casinos in Panama – either use local gambling websites or, for more variety and a larger player base, enjoy foreign online gambling websites.