Panama: Gambling Businesses Up 12%


News from Panama / Tuesday, March 18th, 2014

Income from companies dedicated to gambling amounted to $2.37 billion in 2013.

Enterprises engaged in gambling have seen increased profits in the last year, 2013, compared to the previous year, which also means an increase in revenue.

“In total, revenues were reported of $2.373 billion in 2013, which meant an annual increase of 12.1%, according to figures from the National Comptroller’s Office.

Proceeds from type ‘A’ slot machines were of $1,973 million last year, up 15. 5% compared to the amount reached in 2012. ”

“The sale of lottery tickets reached $591,237,000 last year, an amount which represented an increase of 6% year on year, according to the Comptroller.”