International edition
September 22, 2020

Us$ 294.4 million were reported in bets in the first quarter of the year

The Panamanian games of chance sector increases its incomes

(Panama).- Panamanian games of chance industry reported us$ 294.4 million in the first quarter of the year, an increment around 10 % with regards to the same period last year, according to the Government Watchdog’s Office.

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umbers revealed by the entity of accounts pointed that in March the betting activity increased to us$ 99.5 million, compared to us$ 92.4 million of the previous month. By sector, slots received us$ 213 millionin gambles, a 16% increment registered betweeb January and March 2008. The racetrack had a slight increment of  us$ 7,3 to us$ 7,6 million.

The lottery registered an increment of us$ 115,7 to us$ 122 million, while the bingo centers had a us$ 1.1 million. The sports-betting centers observed a decrease of
us$ 8,2 to 7,1 million.

The Panamanian gaming industry registered a quick increment in the latest ten years, with around 15 casinos installed.

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