Royal Panda made the news in October of 2017 when the still very young betting company was acquired by LeoVegas for €60 million according to reports. That they could command such a fee after little more than three years of operation says a lot about the quality of the Royal Panda offering. They’re still a new name to many UK based punters though so we thought it was a good idea to see what all the fuss is about in our Royal Panda review.
About Royal Panda
Malta is a very important part of the world in the online betting industry. Many of the world’s leading betting brands have offices in the Mediterranean island and it was the birthplace of Royal Panda in March 2014. It was founded by people with years of experience in the industry but who grew frustrated by certain aspects of their roles so decided to start up on their own.
Royal Panda’s initial growth owed a lot to the experience of that team. They were able to use their contacts to sign deals with with software companies to provide a string of top class casino and gaming products and then decided to launch an online sportsbook.
Royal Panda are focussing on further growth led by their sports betting offering now that they are backed by LeoVegas’ investment. They continue to operate as an independent company though which is great for punters looking for genuine choice.
Royal Panda Free Bet Welcome Bonus and Promotions
Royal Panda have shown that they are not afraid to take a risk but they are removing the risk for all new customers who sign up via their sports welcome bonus. If you visit the Royal Panda site via one of the links on our site and complete the straightforward registration process you can get your hands on a £20 free bet.
Simply make sure that you select the sports welcome bonus rather than any of the Royal Panda casino offers and place your first bet with a stake of £20 or more on any sports market at odds of 2.0 (that’s evens in fractional odds) and you will have £20 in free bets credited to your account following the settlement of that qualifying bet.
You can familiarise yourself with the all important terms and conditions of the Royal Panda welcome bonus on their site. While you’re there you can also check out the details of their long running promotions. As well as a host of free spins and massive jackpots across their online casino they have a generous Loyal Panda Program to reward the loyalty of their customers.
Interface and Appearance
Branding is very important to Royal Panda as they seek to differentiate themselves from the competition. They have chosen a bright and bold look based on red, white and black for their website which both looks great and makes it easy to digest the vast amount of information that it contains.
There is room for improvement, however, in the way that Royal Panda arrange all of that information. They’ve signed a deal with BetConstruct to provide a sportsbook solution. That partnership has provided plenty of positives including a speedy site and a huge amount of betting opportunities but the homepage and pages for individual sports and leagues are a little cluttered and confusing on first visit.
Betting Markets and Odds
It’s the sheer number of markets available on the Royal Panda site that is the biggest benefit of their partnership with BetConstruct. The exact number of both live and pre-match events is displayed at the top of the left hand side bar. That number always comfortably exceeds 2,000 with each event covered by a range of markets.
From the biggest Champions League matches to events in sports such as biathlon and esports, Royal Panda have their users covered. The margins offered across the site also compares well with the competition so you really will not miss out on either opportunity or value when betting with Royal Panda.
There is no live streaming of sports events with Royal Panda.
Mobile betting is no longer the future of the betting industry, it is the present. Royal Panda certainly don’t want their users to miss out and so their sportsbook works every bit as well on small screens as large ones. In fact, you could easily argue that the mobile betting experience is preferable. They also have a feature laden mobile app for both iOS and Android operating systems which include the online casino alongside the sportsbook.
If you see a dollar sign next to a market on the Royal Panda sportsbook it means that market is eligible for cash out. This is an increasingly important feature for bookmakers to offer as punters love the control it gives them to get out of bets early so as to lock in profit and/or limit exposure and losses.
License, Security and Customer Service
The ownership structure of Royal Panda since the purchase of LeoVegas is such that the sportsbook is operated by a company called Royal Panda Ltd who are based in Malta. Therefore the site is licenced and regulated by the Malta Gaming Authority. Closer to home and Royal Panda is regulated by the United Kingdom Gambling Commission which has several different tests that online sportsbooks must pass. These include having the funds to cover all the bets struck with them and ensuring the safety of all customer information.