{"id":269,"date":"2024-06-27T23:13:44","date_gmt":"2024-06-27T20:13:44","guid":{"rendered":"https:\/\/duckyluck100medusanodepositbonus.icu\/2024\/06\/27\/panama-abolishes-gaming-tax-to-boost-tourism\/"},"modified":"2024-06-27T23:13:44","modified_gmt":"2024-06-27T20:13:44","slug":"panama-abolishes-gaming-tax-to-boost-tourism","status":"publish","type":"post","link":"https:\/\/duckyluck100medusanodepositbonus.icu\/2024\/06\/27\/panama-abolishes-gaming-tax-to-boost-tourism\/","title":{"rendered":"Panama Abolishes Gaming Tax to Boost Tourism"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/aXeBtNtM6dI\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Panama Gaming Regulatory Board (JCJ) has declared it will abolish the 5.5% levy on all wagering profits, encompassing the initial stake, which was implemented by the prior administration in 2015.<\/p>\n<p>The regulatory body stated the action will stimulate the nation&#8217;s tourism sector and attract a greater number of international gamblers.<\/p>\n<p>Furthermore, the JCJ declared it will introduce a novel electronic auditing system and recruit additional auditors to manage tax collection more effectively.<\/p>\n<p>JCJ Secretary Manuel Sanchez remarked: &#8220;We will enhance revenue and encourage responsible gaming. This and other initiatives will contribute to ensuring this activity has a positive influence on the country&#8217;s financial standing.&#8221;<\/p>\n<p>The tax had garnered criticism from the nation&#8217;s gambling sector, with the Chamber of Commerce and Industry of Panama (CCIAP) requesting the president to reject the legislation when it was proposed.<\/p>\n<p>The JCJ unveiled that in the initial eight months of 2019, PAB50.8m (\u00a341.1m\/\u20ac46.3m\/$50. <\/p>\n<p>Gaming tax income has dropped to eight million, a significant decrease of 33.2 percent compared to the same time period in 2018, when it was 76.1 million.<\/p>\n<p>Sanchez had a meeting with Luis Calvo Reyes, leader of Mexico&#8217;s gaming regulator Juegos y Sorteos, last week to discuss gaming regulations in both nations, including taxes. This is important information.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >The Panama Gaming Regulatory Board (JCJ) has declared it will abolish the 5.5% levy on all wagering profits, encompassing the initial stake, which was implemented by the prior administration in 2015. The regulatory body stated the action will stimulate the nation&#8217;s tourism sector and attract [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Panama Gaming Tax Cut: Big Wins for Tourists &amp; Casinos<\/title>\n<meta name=\"description\" content=\"Panama\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/duckyluck100medusanodepositbonus.icu\/2024\/06\/27\/panama-abolishes-gaming-tax-to-boost-tourism\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Panama Abolishes Gaming Tax to Boost Tourism\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Panama\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/duckyluck100medusanodepositbonus.icu\/2024\/06\/27\/panama-abolishes-gaming-tax-to-boost-tourism\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Rush of Winning at Our Licensed Online Casino\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T20:13:44+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/duckyluck100medusanodepositbonus.icu\/2024\/06\/27\/panama-abolishes-gaming-tax-to-boost-tourism\/\",\"url\":\"https:\/\/duckyluck100medusanodepositbonus.icu\/2024\/06\/27\/panama-abolishes-gaming-tax-to-boost-tourism\/\",\"name\":\"Panama Gaming Tax Cut: Big Wins for Tourists & Casinos\",\"isPartOf\":{\"@id\":\"https:\/\/duckyluck100medusanodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T20:13:44+00:00\",\"dateModified\":\"2024-06-27T20:13:44+00:00\",\"author\":{\"@id\":\"https:\/\/duckyluck100medusanodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Panama\",\"breadcrumb\":{\"@id\":\"https:\/\/duckyluck100medusanodepositbonus.icu\/2024\/06\/27\/panama-abolishes-gaming-tax-to-boost-tourism\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/duckyluck100medusanodepositbonus.icu\/2024\/06\/27\/panama-abolishes-gaming-tax-to-boost-tourism\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/duckyluck100medusanodepositbonus.icu\/2024\/06\/27\/panama-abolishes-gaming-tax-to-boost-tourism\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/duckyluck100medusanodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Panama Abolishes Gaming Tax to Boost Tourism\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/duckyluck100medusanodepositbonus.icu\/#website\",\"url\":\"https:\/\/duckyluck100medusanodepositbonus.icu\/\",\"name\":\"Experience the Rush of Winning at Our Licensed Online Casino\",\"description\":\"Unlock the secrets of casino success with our fresh news, honest game reviews, and informative insights. 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