New Casinos in Panama

Since the current government once again began allowing new casinos, the relevant authority has approved applications for three new licenses.

Wednesday, August 18, 2010

The new operating licenses are for Princess Casinos in the Panamanian capital's Four Points Hotel, Crown Casinos in the Colón 2000 cruise ship terminal and the Radisson Hotel in Cuatro Altos.

These three licenses bring the number of casinos in Panama to 17, of which nine are in Panama City and four in Colón. After approving licenses for two casinos (Veneto and Mallorca, in Colón) the last government froze the granting of new permits to avoid saturating the market, reports

More on this topic

$105 million Investment in Trump Ocean Club Casino

November 2012

South Africa's Sun International has reached an agreement with Newland International Properties for the acquisition of the casino component of the hotel development in Panama.

Under the terms of the agreement, Sun International will get the casino component of the project, the Penthouse (to use as a private salon), a group of building apartments and the rights that the building has to apply for a casino license, all for a value of $45.5 million.

New casinos in Panama in 2009

January 2009

The Games board reviewed four new request for the opening and operating of new casinos.

Dialogo reports: "The casinos include the following projects: Ice Towers, the Ocean Trump Plaza Hotel belonging to billionaire Donald Trump, and Los Faros de Panama which belongs to the Spanish group, Moll.

Casinos in Costa Rica: shorter hours puts 3,000 employees at risk

May 2008

New rules governing the activity of casinos in Costa Rica are to go into effect over the next few days, and that's bad news for these businesses and their employees. As many as 3,000 casino employees could lose their jobs over the next few months.

Some of the most severe restrictions will make it illegal to give customers free alcoholic drinks, cut off direct assess to the street, and prohibit their presence in hotels of 60 or more rooms.

Costa Rica casinos to follow new rules

April 2008

Costa Rica doesn’t want to become a gaming detsination like Las Vegas. New laws have been passed in Costa Rica that will change the way that many of the casinos will be run and ultimately prevent new casinos being built in Costa Rica as casinos begin to limit their operations in line with these rules.

Existing hotels with casinos and stand alone casinos must regulate their hours from 6pm until 2am from the current 24 hour operations many of them use right now. Many casinos in Costa Rica offer free alcohol to their customers however this must also come to a stop as well as restricting access for minors. The government has handed these businesses a 6 month deadline to bring these changes into effect.

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Central Park Hotel Casino and Spa

Organization that operates in Panama.
Phone: (507) 306-1000

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