Panama’s Gambling Industry Now Rivals Its Famous Canal

2026-02-23 - 13:33

Key Points — Gross wagers in Panama hit $2.94 billion in 2025, up 15% from the prior year and nearly matching the $2.97 billion the Panama Canal generated for the state — Online gambling surged 82% to $587 million, now accounting for a fifth of the market as mobile platforms reshape how Panamanians bet —