SectorWire
SearchGet the daily briefing
Menu

Panama gaming authority approves digital fiscal lottery procedure

Regulation1 min read

Source: Junta de Control de Juegos (Panama)

In brief

  • Panama's JCJ approved the procedure establishing and regulating the Sistema de la Tómbola Fiscal Digital.
  • The electronic-invoice lottery will be marketed and promoted as Lotería Fiscal Digital.
  • The Ministry of Economy and Finance said the initiative aims to encourage use of electronic invoices.

Panama's Junta de Control de Juegos (JCJ) approved the procedure that establishes and regulates the Sistema de la Tómbola Fiscal Digital, a digital fiscal lottery based on electronic invoices. The system will be marketed and promoted as Lotería Fiscal Digital, according to the Ministry of Economy and Finance. The ministry said the initiative is intended to encourage the use of electronic invoices in Panama.

Request a correction

Keep reading

People moves

Faber Lotto plans to cut 120 jobs as it shifts focus to digital lottery business

Faber Lotto plans to eliminate 120 roles in Bochum, Germany, according to the report: 71 in its call centre and 49 at its headquarters. The company said declining written business, higher advertising and postage costs, and changed rules for telephone sales had affected the economics of some offers; it plans to concentrate more on digital lottery activity.

Faber Lotto plans to cut 120 jobs, with 71 roles going at its call centre and 49 at its headquarters in Bochum, according to a report. Staff were called together on the morning of Tuesday 27 October and told of the plans, and some were handed dismissal letters at the meeting. The company employs 315 people in total, so the cuts affect more than a third of the workforce.

Continue reading