Under this partnership, Suppliers of Panama will support the sales and service of TransAct's Epic line of gaming products throughout the country.
Press release.- TransAct Technologies Incorporated announced a new strategic partnership with Suppliers of Panama, Inc., a top-tier technical service provider for Panama's gaming sector. Under this partnership, Suppliers of Panama will support the sales and service of the Epic line of gaming products from TransAct across Panama, providing better access to high-quality support and technology.
Established in 2018, Suppliers of Panama has earned a reputation for excellence in technical services, maintenance, repairs, and logistical support for major casino operators in Panama. Their deep industry knowledge and extensive reach across the country make them an ideal partner to bring TransAct's Epic gaming solutions to a wider audience in Panama, with a commitment to local inventory, quick repairs, and seamless product integration.
Tracey Winslow, CRO of TransAct Technologies, said: "We are excited to collaborate with Suppliers of Panama, Inc., whose expertise and commitment to the gaming industry align perfectly with ours."
See also: TransAct Technologies announced a new strategic partnership with Permaquim
Senator Risa Hontiveros said banning offshore gaming operators was the right move but warned the fight is far from over.
The Philippines.- A senate committee report has warned that criminal syndicates linked to offshore gaming are still active despite the ban on offshore gaming operations. Committee Report No. 514 outlines how human trafficking, financial crimes, and threats to national security continue.
President Ferdinand R. Marcos Jr. issued Executive Order (EO) 74 banning offshore gaming in November. The move came after high-profile cases of human trafficking, money laundering, and other criminal activities. However, the senate investigation discovered that some former offshore gaming operators have transitioned to different sectors.
Casinos and integrated resorts have reportedly emerged as new hubs for former offshore gaming operators, where they are using junket agreements to sustain online gambling and illegal financial activities.
The report was presented by Senate deputy minority leader Risa Hontiveros, who also chairs the Senate Committee on Women, Children, Family Relations, and Gender Equality. She said special economic zones were being misused by scam operations and that cryptocurrency transactions had become a significant means for laundering money from online fraud and trafficking. She said: “Our office has received reports that former offshore gaming workers are being relocated to a casino in Parañaque, housed in dormitories similar to previous offshore gaming operator setups.”
She added: “Banning offshore gaming operators was the right move, but our fight is far from over. These criminal networks are highly adaptable, and they are already using new cover operations to continue their illicit activities.”
The committee shared a series of recommendations, including prosecuting local officials. It requested the government clarify Executive Order No. 74, particularly Section 2(b) which states: “This definition excludes online games of chance conducted in PAGCOR-operated casinos, licensed casinos, or integrated resorts with junket agreements.”
The committee also directed the Securities and Exchange Commission to review its procedures for verifying incorporators’ identities and the authenticity of other document requirements. It ordered the Department of Labor and Employment to continuously update the senate on its efforts to provide assistance to Filipino workers affected by the offshore gaming ban and required the Philippine Statistics Authority to investigate the number of Filipinos whose births remain unregistered and to create policies, programs, and projects to make immediate birth registration more accessible.
See also: PAGCOR CEO denies possible return of offshore gaming operators in the Philippines
The report noted that local government officials were also discovered to have notarised fake documents for companies associated with offshore gaming operators, and law enforcement and military personnel were allegedly placed on payrolls.
