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The gaming industry in Panama grew by 13.5% in the first half

Focus Gaming
Focus Gaming
·Mars

The National Institute of Statistics and Census shared data for the first six months of the year.

Panama.- The gaming industry continues to rise in Panama. According to information published by the National Institute of Statistics and Census (INEC), in real figures, the bets totaled USD1,253,687 between January and June of 2024. 

The local media La Estrella de Panamá reported that the gross bets recorded an increase of 13.5 percent compared to the same period of the previous year, when the bets had reached USD1,104,531.

According to INEC information, the increase in the first six months of 2024 was observed mainly in type “A” slot machines (11 percent), online gambling (46.1 percent), gaming tables (5.8 percent), and sports betting rooms (13.4 percent).

On the contrary, the racetrack recorded a decrease of 12.9 percent while the bingo halls generated 19.2 percent less revenue. On the other hand, the gross sales and revenue of the National Lottery of Charity recorded a positive variation of 6.7 percent.

See also: Two annulment lawsuits prevent the end of the electronic lottery in Panama

The net bets of the operators of games of chance reported a positive variation of 4.9 percent in the indicated period; of these, the type “A” slot machines grew by 5.6 percent, online gambling by 33.6 percent, and the racetrack by 3.2 percent.

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