The Panama Gambling License for Online Casinos
The Panama Gaming Control Board (PGCB), or locally known as Junta de Control de Juegos (JCJ), is a body that issues gambling licenses in Panama. It has implemented systems to regulate, control and prevent fraudulent activities in online gambling, betting, and gaming companies in this region. They ensure that all gambling operations are fair, transparent and safe for players, abide by the laws and do not impose any risk on the state or public operators. The PGCB was first established in 1947 and has a long history in Panama’s gambling sector. On this page, we have set out everything you need to know about the PGCB, how to obtain a license through them and more.
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FAQ's
Is gambling legal in Panama?
Yes. Gambling has been legalized and regulated in Panama since 1886. The government of Panama permits the operation of both land-based and online casinos in the country. However, gambling operators must obtain a license and agree to the regulations, terms, and conditions provided.
How do I get a gambling license in Panama?
Anyone interested in obtaining a gambling license in Panama must submit an application, open the business for inspection for as long as it remains in business and pay the specified annual cost. The initial inspection includes a criminal background check, business processes analysis, and testing of the “fairness” of all games of chance.
Can you gamble online in Panama?
Yes. There are many online casinos in Panama. Online gambling has been legal in Panama since the introduction of the Online Gaming Act of 2002.
Does Panama tax gambling winnings?
No. Government officials have recently announced the abolition of a gambling winnings tax in an attempt to attract more tourists. Players are now able to cash in on tax-free winnings.
Are there casinos in Panama?
Yes. Panama City is home to the most land-based casinos in Panama - holding over 37 gambling facilities, 241 table games, 8 484 gaming, slot, and video poker machines. Furthermore, there are also tons of online casinos in Panama available.
How old do you have to be to gamble in Panama?
The legal gambling age in Panama is 18 years old.
