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Panama highlights gaming regulation and JCJ revenue at regional summit

Regulation

Source: Junta de Control de Juegos (Panama)

Panama’s Deputy Finance Minister Jorge Luis Almengor said the country could serve as a hub for gaming-sector initiatives and regulatory practices, speaking at the VII Ibero-American Gaming Summit. He said the Gaming Control Board contributed B/. 246,083,957.14 to state funds from 2019 through April 2023, used for social programmes and infrastructure.

The remarks signal Panama’s stated interest in regional regulatory cooperation and report gaming-control revenue over a defined period.

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Regulation

Brazilian Congress president extends betting ban measure by 60 days

Brazil’s Congress president, Davi Alcolumbre, extended the provisional measure prohibiting fixed-odds betting for a further 60 days, with the decision published on 11 November. The extension gives lawmakers until February to consider the measure, which would end betting authorisations, block websites and apps, and return user balances; the government estimates the ban would reduce revenue by BRL12bn.

Brazil’s provisional ban on fixed-odds betting has been extended by another 60 days by Congress president Davi Alcolumbre. The decision appeared in the federal official gazette on Wednesday 11.

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