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Panama’s finance ministry sets new processes for municipal fund allocations

Regulation

Source: Junta de Control de Juegos (Panama)

Panama’s Ministry of Economy and Finance said it would review and establish procedures for allocating funds requested by local governments, following instructions from President José Raúl Mulino. Comptroller General Anel Flores announced audits of municipal allocations made since 2024. The ministry said 2024 transfers totalled B/.6.9 million and 2025 allocations had reached B/.4.6 million.

Municipalities and public bodies will face revised allocation procedures and audits of recent funding.

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Licences & markets

Brazil finance ministry sets fast-track betting authorisation for 2027 Women’s World Cup

Brazil’s Secretariat of Prizes and Betting issued rules for an accelerated authorisation process for fixed-odds betting companies linked to the 2027 FIFA Women’s World Cup. Eligible Brazilian FIFA partners or contractors may seek a limited licence for 24 May to 25 August 2027, paying R$1,528,767.12 and establishing a R$2.5m reserve, or apply for a five-year authorisation. Applications are due by 31 October 2026, and event-period licensees may offer bets only on the tournament.

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