Tag Archives: Panama
Panama – Operators trust Zitro’s Link King to thrill
After an unprecedented successful deployment of Link King in most Latin American countries, as well as in the rest of the world, Bryke, Zitro’s video slots brand, has arrived in Panama. Reference operators, such as Cirsa and Codere groups, have not hesitated to include the multi-game bank of the moment to the customer offer in…
Panama – Revenues down for Panama’s gambling industry in 2018
The Gaming Control Board (JCJ) collected US$70.3m in taxes and fees – US$9.9m less compared to the same period in 2017, when the industry generated US$80.2m for the government. However, the amount generated by type “A” slot machines (slot machines which do not have a payout ceiling) increased slightly from US$38.8m, to US$39.9m – an…
Panama – Panamanian Association of Gambling Operators pleads for tax axe
The Panamanian Association of Gambling Operators will ask for a veto on a new bill that grants an increase to retirees financed by a tax on the net profit of slot machines and betting centres. President of the organisation Yelytza Amador said that the increase came as a surprise because the original bill had not…
Panama – Aristocrat Lightning Link Lounge opens in Panama
Panama’s first Aristocrat Lightning Link Lounge opens its doors this Friday at the Sortis Hotel & Casino in Panama City. The Lightning Link Lounge will house several Lightning Link games, all in one conveniently located space on the casino floor. Sortis Hotel & Casino Slot Manager Tatiana Carvajal said, “The results of Lightning Link on…
Panama – Cirsa notifies Panamanian authorities of Blackstone deal
Spanish gambling company Cirsa has officially notified the Panamanian authorities and other countries of the sale of its casinos, to the Private equity firm Blackstone Group. The marketing and communication department in Spain informed Panama America that they have already made the corresponding arrangements to formalise the operation in Panama and with respect to the…
Panama – Panama’s slots to be connected online to government server
Type A and C slot machines in panama’s gaming venues will now be monitored in real time by a central government controlled server connected to The Gaming control Board (JCJ) in order to verify in real time the total amount of bets. New rules, which were published via Panama’s Official Gazette, puts in place a…
Panama – Panamanian Gaming Control Board extends Codere licence
Codere will continue to operate eight fully-fledged casinos along with the Presidente Remón Racetrack until 2037 thanks to the extension of both licences granted by the Gaming Control Board (JCJ). In return, the Spanish Company has paid US$9.5m. In addition to the racetrack and racino, Codere controls a total of 11 casinos in Panama. The…
Panama – Panama records slight increase in gaming
During the first nine months of the year a total of US$S1,710m was bet in Panama on games regulated by the Gaming Control Board (JCJ) compared to US$1,683m in 2016. The increase of US$27m – a 1.6 per cent at the close of the third quarter – is the highest increase of the year. The…
Panama – Golden Lion Marbella to feature Qognify’s security solution
Golden Lion Marbella, one of Panama’s top-ranking casinos, has selected Qognify VisionHub to upgrade security, safety and operations. Formerly the Princess Casino Marbella, Golden Lion features one of the largest casinos in Panama City which will now enjoy total coverage with Qognify’s security solution for gaming featuring its market leading VMS, VisionHub. The casino environment…
