Royal Panda was the brainchild of a group of workers in the betting industry who believed they could do things better. That team was vindicated when they were bought by LeoVegas for a reported fee of €60 million. There's no sign of Royal Panda slowing down though. In fact, they've been emboldened in their growth plans including in Ireland. So, what is it they can offer Irish players? We've gone through to pros and cons in our Royal Panda review.
The betting industry is genuinely global but it does have some real hubs, of which Malta is a big one. Some of the biggest names in betting and gaming are based in Malta so those who work in the beautiful Mediterranean island tend to rub shoulders and talk about how things are going at their respective companies.
The idea for Royal Panda came from a group of friends working in Malta who believed they could do things better than the betting companies they were working for. Setting up on your own inevitably carries some risk but the Royal Panda team knew the industry inside out and quickly made steps forwards, signing key partnership deals with software providers and quickly growing their customer base.
Initially, Royal Panda focussed on developing their online casino product but in more recent times they've created a classy sportsbook product to try and attract customers all over Europe. The addition of the sportsbook has been helped by the financial power of LeoVegas but Royal Panda have retained creative control over their products which is arguably the best of both worlds.
To give their new customers the chance to limit their risk whilst experiencing the Royal Panda sportsbook, this exciting new betting company are offering all new customers a free bet worth €20.
To take advantage just visit the Royal Panda sportsbook through one of the links on our site and complete the signup process. During signup you'll have to choose the sports welcome bonus (unless you prefer the €100 bonus available on the Royal Panda casino) and then make sure your first bet is struck with a stake of at least €20 and at odds of 2.0 (even money) or above.
The €20 free bet will be credited to your account after the settlement of that qualifying bet. Full details of the welcome bonus terms and conditions can be found on the Royal Panda site which also has details of their long running promotions. These include a constantly updated selection of free spins and some massive jackpots on the casino. There's also the generous Loyal Panda Program in which there are bonuses up for grabs depending on how much you bet over the week.
Royal Panda is one of several brands operated by LeoVegas. That the holding company has allowed the Royal Panda team plenty of freedom is evident by the Royal Panda site. The only way you could tell that LeoVegas are involved is in the small print, everything else screams Royal Panda.
Built upon a platform provided by BetConstruct who provide the software for the sportsbook, the Royal Panda branding is everywhere. That includes their logo, their black, red and white colours and even the font they use throughout their branding.
There is no argument that the Royal Panda site looks great but the actual structure could be improved a bit. Visitors to the sportsbook are served up with an individual in-play matches on the homepage rather than the list of events, odds and promotions that is common with other sportsbooks. The site is fast, responsive and reliable though so it could be genuinely excellent with just a few tweaks.
Royal Panda are not interested in doing things by halves. They grew their online casino thanks to a massive collection of games and some huge jackpots and have taken the same approach to their sportsbook. The selection of sports, events and markets priced up by Royal Panda is comprehensive and the value provided throughout the sportsbook is fair to say the least.
You can actually see how many events, both in-play and pre-match, are available on the Royal Panda sportsbook at any one time. It's always at least 2,000 events across huge events such as the Premier League or major horse racing meetings, Gaelic games and even some pretty niche sports.
Royal Panda don't currently have any live streams for their customers which is a shame.
Part of the reason that the Royal Panda sportsbook looks a little cluttered on first viewing is that it has been built with mobile betting firmly in mind. The main site is responsive so that it works on any size of screen and really comes to life on mobile devices. The betting experience on mobile browsers is top class and those who prefer to do place bets on the move via apps are well served by Royal Panda who have excellent apps on both Android and iOS platforms.
Navigate the Royal Panda sportsbook even for a short time and you'll see a dollar sign next to some markets. This indicates that the market is eligible for cash out. The Royal Panda cash out feature allows punters to manage their positions so that they can either lock in a profit when things go to plan for them or limit their losses if the event goes the other way in-play.
Royal Panda was founded in Malta and that is where it is still run. Although they're now owned by LeoVegas, the Royal Panda sportsbook is operated by Royal Panda Ltd and it's that company who have undergone the necessary regulatory checks. The sportsbook holds a licence with the Malta Gaming Authority and has had to pass further tests to provide betting services in each of the various countries that they operate.
Royal Panda are committed to ensuring the safety and security of all of their customers. They have partnered with charities and bodies who help those who get into trouble and have invested heavily in software and firewalls to protect customer information and payments. Full details of this and the terms and conditions of use are available on the Royal Panda website as are details of how you can contact them via phone, email and even live chat.