Respected online casino Royal Panda ditches Gambling Commission licence
While most of the royal headlines in the United Kingdom are about Prince Harry and his wife, popular online casino Royal Panda has announced it is departing the UK gambling market.
The decision to ditch the Gambling Commission licence comes following Royal Panda’s acquisition by booming parent company the Leo Vegas Group, which has its flagship brand Leo Vegas still operating in the UK.
While Royal Panda Casino still has its Malta Gaming Authority licence, the decision to ditch the UK market gives the brand more flexibility in grey markets.
Royal Panda is particularly popular in India and Japan, two projected boom zones for online gambling.
Royal Panda stopped accepting UK signups on January 8, 2020, while existing customers have until January 20 to make a deposit and place sports bets. The casino operations will then shut down on January 31 at 9am, ending the brand’s near seven-year association with the UK.
Customer support at Royal Panda is advising UK players to have withdrawn any balance before the end of the month, although you will still be able to have your funds returned to you by contacting customer service, which is accessible from the homepage.
Players are also being told to clear any wagering requirements attached to bonus amounts by January 31, with all bonus balances being cleared on this date if wagering requirements have not been met.
For UK sports bettors who have placed a bet that settles after the leave date for Royal Panda, you will be contacted in the coming days to be told how your bet will be settled.
RoyalPanda.com launched in 2013 with the UK and Malta licences, instantly becoming a popular gambling destination right around the world.
These days Royal Panda online casino is highly prominent in Asia, and the move from the Leo Vegas Group to ditch the UK licence is an indicator about where the brand’s future lies.
The Leo Vegas Group has also announced a special deal for former Royal Panda players at flagship brand LeoVegas.com.
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