Panama is one of the smaller licensing jurisdictions for
online gambling, but there are a few recognizable brands that
call it home. It’s an attractive place to launch an operation
due to minimal governmental interference and a gambling-friendly
banking industry. Additionally, the country’s infrastructure is
modern and well-maintained in urban areas.

• Norway Online Gambling License Renewal
• Online Gambling License Norway
• Norway Online Gambling License Requirements

Among them, the following countries: Seychelles, Armenia, Dominican Republic, Greece, Monaco, Norway, Canada, Sweden, Switzerland, etc. 32 countries allow online gambling only with the local license. For example, Austria, Denmark, Finland, France, the UK, the Netherlands etc. Panama Gambling License Info. Panama is one of the smaller licensing jurisdictions for online gambling, but there are a few recognizable brands that call it home. It’s an attractive place to launch an operation due to minimal governmental interference and a gambling-friendly banking industry. Additionally, the country’s infrastructure is. Norway’s gambling regulator requires banks to block payments on online casinos The Oslo District Court has ruled in favor of the Ministry of Culture, whom it said had the powers to prevent payment processors from helping gamblers access international gambling sites that didn’t have Norwegian gambling licenses. Gaming License Requirements A special commission (known as the Gambling Commission) monitors and regulates the online gambling business conduct, making sure the company is eligible for granting a gaming license and complies with codes of its practice.

Panama became a licensing jurisdiction in 2002 with the
passage of the Online Gaming Act of 2002. The first license was
issued in 2003 and Panama has remained in the business ever
since. The Junta de Control de Juegos (Gaming Control Board) is
responsible for issuing licenses and monitoring the operations
of all licensed gambling sites.

Licensing Process and Fees

Anyone interested in hosting a gaming company in Panama must
submit an application and open the business for inspection for
as long as it remains in business. The initial inspection
includes a criminal background check, business processes
analysis, and testing of the “fairness” of all games of chance.

Once approved, the operator is given a “master’s license.”
Master license holders may grant sub-licenses to other operators
in certain circumstances. License holders must also keep enough
cash on hand to honor all obligations. All financial
transactions must be recorded and available for review at any
time.

• Application and first year: $40,000
• Yearly fee after first year: $20,000
• Sublicense yearly fee: $20,000

Is a Gambling License From Panama a Reliable Indicator of
Quality?

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So you have an online casino in mind and you see it’s
licensed in Panama. Does that mean anything? Based on past
events, we would have to say no. There are both good and bad
sites licensed by the local authority. You would be
better-served judging any operators by their individual track
records rather than their licensing status in Panama.

For example, one of our favorite all-around gambling sites
(BetOnline) is based out of Panama. However, the reason we like
BetOnline has nothing to do with the fact that they have a
license from Panama. We like them because they take care of
players, process withdrawals, and run an ethical business.

On the other hand, the Gaming Control Board still lists
UltimateBet.com as an active licensee. If you’re not familiar
with Ultimate Bet, they collapsed several years ago after
suffering from a major cheating scandal perpetrated by employees
of the site. This all went down in 2011 so it’s kind of sad to
see UB still listed as a licensed poker room.

We would say that a license from Panama simply means the
gambling site chose to base its operations there. They have the
blessing of the government to host real money games and were
able to pass the initial licensing process. The license itself
offers no guarantee beyond that.

Online Gambling License Norway

If you are interested in learning more about the online
gambling license in Panama you can visit their website or
contact them through phone or email. Below we have listed out
all of this information for your convenience in case you are
looking for more information.

• Website: http://www.mef.gob.pa/
• E-Mail:[email protected]
• Phone: (+507) 507-7600

SoftSwiss software is a trustworthy and reliable baseline for starting an iGaming brand. We offer stable certified software for online casinos and sport betting operations. Holding a number of gambling licenses we provide one-stop White Label solutions and various operation services for our clients. For years of working in the industry, we gained significant experience handling national regulators and obtaining gambling licenses in different jurisdictions.

Gaming licenses we work with

Curacao is one of the most popular jurisdictions when it comes to gambling licenses. The license lets you run your iGaming business pretty much all over the world. Since 2014 SoftSwiss has held its Curacao remote gaming license. This enables us to provide our popular White Label Casino and White Label Sportsbook to dozens of happy clients. Moreover, the Curacao license openly allows the use of Bitcoin and other cryptocurrencies! This provides the legal ground to our “instant classic” Crypto Casino and Crypto Sportsbook solutions.

Malta is the top choice among gaming licenses and is the first country in the European Union to introduce remote gambling regulations. The Malta Gaming Authority (MGA), one of the most prestigious licensing bodies on the globe, issues gaming licenses to casino platform providers to run White Label Casino and White Label Sportsbook operations worldwide.

Estonia is a relatively small market, but the local gaming legislation is very progressive. The Estonian license allows for participation of players from abroad, while the tax burden is not in the high range. Under the Estonian license SoftSwiss provides White Label Casino and White Label Sportsbook solutions. This became possible in 2019 after our acquisition of the local company Kingswin Online OÜ. Naturally, our gaming platform is all certified for working in Estonia, too.

The online segment of the gambling market in Belarus opened up in 2019. Gambling licenses are issued by the Ministry of Sport and Tourism. The SoftSwiss gaming platform was certified for operation in the official Belarusian iGaming market in 2020.

The Belgium Gaming Commission is an authority with the sole responsibility for licensing land-based and online gaming in Belgium. The SoftSwiss online casino platform has been officially approved for operation by the Belgium Gaming Commission since 2017.

Online gaming in Germany will become regulated in H2 2021. SoftSwiss is actively preparing its online gaming software platform to be compliant with the German requirements, so it is fully ready for participation in the newly regulated market once it becomes active.

Norway Online Gambling License Requirements

BGaming, the game development studio backed by SoftSwiss, is officially licensed and certified by the Swedish Gaming Authority (SGA). This means their sharp-looking casino games can be played in Sweden!

Сoming soon! SoftSwiss is in the process of securing a remote gaming license in the Philippines.

Сoming soon! SoftSwiss is currently applying for a remote gaming license in Serbia.

Сoming soon! SoftSwiss is currently applying for a remote gaming license in Greece.

Сoming soon! SoftSwiss is preparing for being issued a remote gaming license in Ghana.

BGaming, the game development studio backed by SoftSwiss, is officially licensed and certified by The Isle of Man Gambling Supervision Commission. This means their sharp-looking casino games are available to all casinos working under the Isle of Man license!

SoftSwiss White Label solution is a legitimate way to start an iGaming brand. This popular solution includes operating under the SoftSwiss gambling license, instead of obtaining it individually.

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