Online gambling in Panama: an undiscovered paradise part II
Online Gaming By means of resolution No. 65 of Oct. 25, 2002, the Gaming Control Board of Panama in charge of the authorization, regulation and supervision of wagering activities performed through electronic of chance and wagering activities performed through electronic communications that allows online bets in Panama.” At the culmination of a national and international consulting process and after hearing the opinions of experts in this area, the implementation of this modality of game was achieved. Therefore, the operation of companies aimed to capture all kind of internet wagering, including, casinos, sports books, poker rooms and electronic lotteries, is now possible. This regulation found its way out without generating the conflicts caused in other countries where the established casinos and sports books are against these activities for considering them as an unfair competition. Profile of the applicant The profile of the applicant, regarding its operation exper...