The sharp growth of online platforms shows, that the Panama market is actively moving towards digitalization. With relatively moderate dynamics overall, It is online betting that becomes the driver of the industry and determines new development trends.
Today we’ll talk about the gambling market in Panama and its development in 2025 year. According to the National Institute of Statistics and Census of Panama (INEC), the industry is showing interesting changes, especially in the online betting segment. The total gross volume of all bets in the country reached 2,93 billion dollars, what's on 15% more, than in 2024 year. Net rates, that is, the amount, remaining with the operators after winnings are paid out, made up 375,7 million dollars, showing moderate growth 1,6%.
However, the main growth driver is the online segment. The gross volume of Internet betting and online casinos has reached 587,76 million dollars, increasing by 82,3% compared to last year, and net rates increased by 53,6%, having composed 33,77 million dollars. Such a sharp increase indicates that, that Panama is actively moving towards digitalization of the gaming market.
If you look at terrestrial formats, the picture is a little different. Type “A” slots showed a decrease of 2,1%, sports centers - on 10,9%, hippodrome - on 5,6%, instant games dropped by almost half - by 51,7%, and the national lottery was reduced by 24,9%. At the same time, some traditional formats showed growth: gaming tables increased by 8,7%, and bingo is on 10,8%.
What does this mean for the entire industry?? Firstly, The growth rate of online games is shaping a new market development trajectory. With moderate overall dynamics, it is the Internet segment that becomes the main factor, determining operator strategy. Secondly, this strengthens the role of online platforms and increases the sensitivity of the system to regulation and the state of digital infrastructure. That is, the future of the Panama market lies in online betting, and operators, who will be able to adapt to new realities and use digital technologies, will take leading positions.
Thus, Panama's gambling market 2025 year shows a clear trend towards accelerated digitalization: The online segment is growing rapidly, offline is partially losing ground, and the structure of the industry is gradually being rebuilt to new realities. This is an interesting example of, How technological changes and consumer behavior affect the economics of an entire industry.
According to report.
