Gaming laws in Panama demand that gaming establishments give 80% of their profits to the government. The gaming industry in Panama is controlled by the Panama Gaming Control Board (Junta de Control de Juegos), established in 1947. Panama is one of the biggest financial, merchant and transport centers in Latin America. It is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south.
The Republic of Panama is the southernmost country of Central America.
