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Showbiz firms want Panama to be a mini-Las Vegas

Tuesday, July 5, 2011

Panama is rapidly developing its entertainment business, leading some businessmen to believe that it could become a mini-Las Vegas.

Income from fruit machines alone raised $600 million in taxes for the government last year, and the state’s take from box-office returns brought in up to $1 million each.

Alfredo Arias, of ShowPro, said he wants to see Panama become a Latin American version of Las Vegas.

Original source (in Spanish): Panamá América