Panama might not be the most recognized online gambling jurisdiction in terms of offering licensing but they are definitely on the radar. Panama has offered online gaming licenses since 2002 and it is becoming a popular choice for operators. While many gaming companies have deserted Costa Rica for Malta, some of them chose to stay close by and setup in Panama which is a thriving business capital in Central America. As for Costa Rica, the country has talked about setting up licensing for a long time but has done virtually nothing about it leaving companies to decide to stay or choose another location to remain reputable.
How reputable is Panama compared to other online gaming jurisdictions? The biggest one around is Malta and is one of the more prestigious ones. Online casinos based in Panama are not the best ones to play at in terms of player safety. If a player has a problem with any of these casinos, it is assume that the players are not as protected as other gaming jurisdictions where they have tough rules that are enforced.
For the online casinos listed we recommend you play with caution. Typically online casinos licensed in Panama are mainly targeting US players as they have very limited options for where to play. For players outside the United States we highly recommend playing at casinos that are licensed in another jurisdiction like Kahnawake, Malta, Gibraltar, Alderney and the United Kingdom.