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LeoVegas withdraws Royal Panda from UK market

9th January 2020 8:39 am GMT

LeoVegas-owned gaming brand Royal Panda is withdrawing from the United Kingdom at the end of January.

The online gaming site is already closed to new registrations and players will be unable to make deposits or place any new sports bets as of 20 January, with all activities under its UK operating licence ceasing on 31 January.

LeoVegas acquired Royal Panda in October 2017 for an initial consideration of €60m, plus an additional €60m in potential earnouts. 

“We regret to inform you that Royal [...]

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