Fading hopes

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A new appeal filed against Resolution 324, which ordered the release of payments to some of the bettors owed money in the BetPanAm fiasco, is the last act of one of the most controversial story in the offshore bookmaking industry.

Raul Cortizo, Executive Secretary of the Panamanian Gaming Control Board, will be giving the key opening speech at the Latin American Game Regulators Congress that will take place during the first edition of SAGSE Central America.

The speech will be focused on how Panama has become a new reference point for gambling in the region.

Although we remain very skeptical about the chances of players getting paid, it might be that “la Junta de Control de Juegos de la Republica de Panama” finally decides to do the right thing in order to avoid a negative impact on the reputation of its jurisdiction and on the image of its “growing online gambling industry.”