Legal online sportsbooks agencies in Panama registered around USD 26.3 million in 2007, a 87.8% more than in 2006, when they received a total of USD 14 million, according to a report from the Gambling Control Committee (JCJ). According to the executive secretary of the Gambling Control Commission, Raúl Cortizo, from Panama Republic, has just authorized a company to administrate and operate ten sub licenses of online casinos and ten sub licenses of agencies of online betting sportsbooks.
