Through Resolution N° 51 published on June 26, 2012, in the Official Gazette, the Gaming Control Board of Panama approved the Regulation for the operation of type "C" slot machines. According to the Panamanian legislation, to qualify as type "C" slot machines, the maximum bet cannot exceed US$3 and the maximum prize cannot exceed US$200. Every person interested in obtaining a gaming license must have two years of experience in the gaming industry. An operator of type C slot machines will pay US$150 a month for each machine that is installed. These machines can be installed in slot parlors with a maximum of 50 machines, unless the operator obtains a special authorization to operate up to 75 machines. But they can also be operated in bars, in which case the maximum number is 15 machines.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.