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Lower sales from playing in Panama

The third quarter was the end of a decade of positive results for game companies in the country.

Bets between July and September Bets on casinos, bingo premises, sports events and type A slot machines, a decline of 10.2% compared to the previous year with a total amount of $ 562.2 million.

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When comparing the third quarter numbers, with the results of the second trimester, the acceptance is emphasized by 14%.

According to the type of bet, slot machines in the third quarter amounted to $ 489.9 million in the third quarter, 33.3 million dollars less when buying with the movement of the same period of the previous year.

In the gaming tables, which are available only in the full casinos active in hotels of more than 300 rooms, the bets fell 32% compared to the previous year's equilibrium of 53.3 million between July and September 2015.

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In the balance of the first nine months of the year, the game Control Board (JCJ) has a collected of thousand $ 870 million. While in the same periods for a total of $ 551 million dollars were paid.

In these statistics, the bets are not included, which treat the type C-slot machines, although they work in the country about 8 thousand of these teams.

Unlike complete casinos and type A machines associated with servers that register the amount of bets, and to which JCJ access has, the operators of type C-slots do not have to comply with this report .

Your contributions to the state are based on a monthly fee of $ 150 per team, while complete casinos must pay out a percentage of their income.

During the management of Ricardo Martinelli, the number of C types tripled, which tripled due to the changes made on the standard, which regulated this segment, which has been extended to high poverty areas.

After estimates of the economist and professor at the University of PanamГЎ Carlos Bellido Walter, in the country, there are between 25 thousand and 30 thousand people who have developed a few pathology related to random play.

Bellido, who has studied this phenomenon in recent years, warns that it is younger every day that is recognized in this epidemic as a disease recognized by the World Health Organization in 1980.

Today the JCJ is 72 concessions for gambling, of which 22 are full casinos; 28 for type A slot machine rooms, Panama Gaming & Services business; 20 for betting on sport events; And one for bingo room and the club of the President Remir Hippodrom.

72% of current concessions are located in the province of Panama, followed by Chiriqui and Columbus with six or five. The rest is divided between CoclГ©, Herra and Veraguas.

for Antonio Alfaro , President of the Association of Panama Gaming Administrators, the decline in betting volume is the result of the implementation of the tax government of 5.5% that it was created to increase the pensioners finance.

Panamans do not want to play so as not to pay that the tax and tourists say why they should pay a tax, although they have lost alfaro explained.

The tribute used in the second quarter of the year will be charged if the player changes its chips or coins in the Game Center box.

For example, a person who earns $ 200 is obliged to keep $ 10, money that should then be transferred to the treasury.

In addition to the tax on the gambling, the government has also applied a tribute to the non-metallic mining betraction (stone and sand). With this combination of taxes, the authorities hope to receive $ 70 million in order to finance the salary increase at 167 thousand pensioners.

However, alfaro estimates that the government will not increase the expected amount, and on the other hand, a decline in the Collection of the JCJ receives a monthly payment for the movement of bets received by play operators chance.

The Collection of JCJ recorded a total of $ 68.5 million in the first 10% of the year in the first 10 months of the year.

According to Alfaro, the JCJ and the Directorate-General of the General Income should review the effectiveness of applied tax months ago.

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