Panama National Assembly approves Bill 403 on gambling controls
Panama’s National Assembly approved Bill 403, which proposes new controls for gambling, including a 10% contribution of operators’ profits to the Instituto de Salud Mental. The bill would also require biometric identity checks on digital platforms, restrict gambling advertising and allow fines of up to 10% of operator revenue; the source does not establish that it has become law.
Operators could face new contribution, identity-verification and advertising requirements if the bill takes effect.