Can I trust Royal Panda? Are they Legit?
A key thing for us to consider when reviewing a betting site is how trustworthy they are. It’s important to know that customers will have their information kept secure and safe. Especially when it comes to personal details and processing financial transactions such as deposits and withdrawals.
Thankfully, we can say that this betting site offers a good level of security for their players around the world, including India. This involving encryption on all data being sent back and forth between the bookmaker and customers. The full site is secured on certified HTTPS servers including all financial information.
The company were launched in 2014 and Royal Panda quickly established themselves as a worth operator in the casino and sports betting space. The company aimed to provide a user-friendly casino and sports betting product where loyalty was rewarded. That approach helped them grow in different regions including the United Kingdom.
LeoVegas acquired the company in October 2017. The deal was reported to have cost the parent company an initial €60 million (around 500 crore rupees) and completed a month later. The two continue to operate as separate companies and betting sites, but it’s good to know that they is backed by another established gaming brand with a great reputation.
In January 2020 it was an announced that the brand was stopping it’s UK operation. This could be because operating two different brands in one of the toughest gaming markets wasn’t proving worthwhile. However, they continue to operate in multiple regions around the world including India and this should be no cause for alarm.
Licenced in Malta via LeoVegas
Royal Panda holds their licence with the Malta Gaming Authority (MGA). They’re incorporated under the licencing of their parent company LeoVegas, a company with a rich history in the world of casino and sports betting.
This is a sign of trust for us because to get this certification there are a lot of things online bookies need to do. Not only that, but they need to continue to maintain high standards in how they treat and protect customers plus how they run their gaming operation overall.
LeoVegas is one of our top-rated betting sites in India. We have a full review of what the Swedish-based company have to offer to sports bettors and cricket fans in the country. The fact that they have overall responsibility over Royal Panda and they have a licence in common from the MGA is a great sign for those that are seeking an honest, straightforward online gaming experience.