All jurisdictions
PAN · Tier 2
Panama
Junta de Control de Juegos (JCJ) International Online Gaming Licence — dual-use for domestic and international operators.
At a Glance
- Setup
- $40K+
- Annual
- $60K+
- Timeline
- 16–24 weeks
- Tax
- Fixed fee + per-table levies
- Markets
- Global ex-restricted (international model)
- Tier
- 2
UNVERIFIED — figures for guidance only. As of 10 June 2026. Verify with the regulator before making licensing decisions.
What works here
Opportunities
- +LatAm-adjacent operators wanting offshore + regional credibility
- +Brands with existing Panama City corporate substance
What to watch
Watch-outs
- !Domestic vs international licence distinction is material — pick carefully
- !PSP acceptance better than Curaçao for some banks; weaker for others
Permitted Verticals
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