International edition
September 25, 2021

Slots registered 42% increment in bets compared to 2011

Strong increment of bets in Panamanian casinos

(Panama).- During the first 10 months of 2012, in Panama us$ 2,157 million were bet, according to statistics revealed by the General Controller's Department of the Republic. The rhytm of the bets registered during that period indicates that, every minute, an average of us$ 4,993 is bet, which represents an increment of 26% compared to 2011.

T

his review includes the money spent in lottery, on top of the horse race-track bets, bingo halls, table games, type-A slots and sportsbooks venues.

Just in tickets and lottery chances in the first 10 months of 2012, us$ 458 million were bet, equivalent to us$ 1,5 million, 2,4% more than the same period in 2011. The number supposes that in 15 days, the Charitable National Lottery collected the entire budget of 2012 of the National Institute of Culture (Inac).

Slots
The greatest growth, however, in the betting sector, was registered in casinos. In fact, people bet in type-A slot machines, us$ 1,359 million, a 42% more money than in the same period of 2011. The number is superior to the one brought to the state (us$ 1.032 million) by the Authority of the Panama Canal in 2012.

Besides, table game bets in this period were of us$ 269,7 millions, a 13% more than in 2011. On the other hand, the report indicates that President Remón Horse Race-track had U$S 38.2 million in bets, a 1.1 increment%.

Meanwhile, in sportsbooks venues, in 10 months registered us$ 28,5 million in betss, a 2.3% more than the previous year. National bingo halls also had a modest growth of 0.5%, with bets for us$ 3,4 million.

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