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Originally Posted by pornstar2pac
This happened a week ago
Government of Panama poised to steal over 400k
As previously reported, The government of Panama is in a position to steal over $400,000 in players money. They are now trying to make a deal with certain players and in fact giving the majority of players nothing. Anyone involved in this process ought to be ashamed of themselves and are creating a black mark for online sportsbooks that will never fade.
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Hear ya!! :-)
This has really little to do with banking in Panama. It's the usual problem with sportsbooks that exists.. hell.. almost everywhere.
The govt of Panama does have a severe problem with situations where funds are moved that in several instances are "illegal funds" and reach levels far more than $400,000 :-) Rest assured, there are always two sides to a story:-) The same or similar situation has risen in several places with sportsbooks and gambling - not that genuine gambling operators are messed with - but always other reasons, often unsaid, but well-known :-)
Pamama wants to develop it's international banking status - not kill it and this allegation of "stealing" from some casino operator has nada to do with banking. Legitimate banking in Panama is OK - otherwise major banks would be out of the place in 48 hours.
PS... Rest assured on the gambling article.. there is more in the background and you can guess who is pulling some strings on this and interested in "interviewing" the operators. It's always the same, - just different faces and locations :-)