Panamá will host the 7º Ibero-American Gaming Summit
The Ibero-American Gaming Summit already has a venue and date for its next edition, which will be held on May 16 and 17 in Panama. Due to the situation generated by the spread of the coronavirus and following the recommendations of the global health authorities, the organization of the Ibero-American Gaming Summit decided to postpone the seventh edition of this event scheduled for April 2020.
From the organization of this international meeting promoted by JAK Comunicación, we are very pleased to inform you that finally, the Ibero-American Gaming Summit has chosen Panama as the venue for the event, after the formal offer of the Panama Gaming Control Board. This country will host this forum that will be held on May 16 and 17 at the Riu Plaza Panama hotel, Panama City.
The political-social stability of Panama and the dynamism of its economy contribute to guaranteeing the legal security of foreign investments in a country that has a strategic geolocation in America. An event of these characteristics will surely contribute to promoting advances in the industry through a regulation that covers the new types of gambling and chance that currently exist.
Online gaming has had unquestionable development in recent years, especially in countries such as Colombia or Spain whose law in this regard has just turned 10 years old. The Panamanian administration decided to legislate online gambling in 2020 in the midst of a global pandemic, to favor users, open the market to the world of online betting and be more competitive. It is not for nothing that this country has the dollar as its currency, an admirable geographical position, a banking system and a regulation that aspires to attract foreign investors who are in search of new horizons and safe markets.
The pandemic has been a huge test for the productive fabric of the economy, also in the gaming industry where in many countries it is linked to the tourism sector. Companies and governments have become aware of the importance of innovation and digitization to get ahead. During the