Some of the casinos do offer both sports and horse betting. Not sure where the horse races are from (in country or not). I quit table games there because of the 5.5% tax on chip redemption. The original idea was to tax winnings, but because the tax is on redemptions it has a much larger impact. Consider - walk to the table, buy $100 in chips, decide you don't want to play, take that $100 in chips to the cage and only get $94.50 back. That's a pretty big house advantage before getting even one card dealt. It is the same with sports/horse betting, but there you only cash the winning tickets. Either way, hope you enjoy Panama, I always did (lived there in 2009-10).