Leo Vegas to buy Royal Panda

[LD]

More consolidation.

Before year's end Leo Vegas will own Royal Panda

Purchase price of EUR 120m in total, if earn put conditions are met

[The Legend]

***** [some rude verb] them both then ! At Royal Panda players from my country are accepted. At Leo Vegas they are not. I have already verified my account (name, adress, payment system and so on). And i was keeping in mind some plans about flying to Las Vegas (116 000 Loyal Panda Points required), recieving from them IPad, Iphone, MacBook and Royal Panda coffee mug (check their bonus program). Now i can forget about all that stuff, cause Panda will never pay for my trip or send me anything. But there is only 1 good aspect in all that *** [some rude and short noun] : I'll forever remain there in plus for few hundreds USD (won and withdrawn from Royal Panda just few days ago).

P.S. RIP, Panda. I really liked that place.

[Unclefester]

Leo Vegas despite being relative new kids on the block certainly are on a mission. Having already won several awards and offering players multiple live dealer platforms to choose from.


Following the completed announced acquisition of Royal Panda. They've just acquired a majority 51% stake in GameGrounds United who own the Casino Grounds streaming network.

Leo Vegas group chief executive Gustaf Hagman said

In Casino Grounds we see a new behaviour in which persons interested in casino are watching others play casino via YouTube and Twitch

The combination of proprietary content and the moving picture format create exciting opportunities going forward and is in line with LeoVegas’ strategy to be an innovative and entrepreneur- driven company.

Question is, how much, if at all might those exciting opportunities involve live dealer games

[Bod]

Twitch and Youtube streamers are responsible for bringing in a lot of new players to Leo Vegas.

The Casino Grounds network has loads of Live Casino streamers already and I would expect this to grow now Leo Vegas has a stake in it.

They are clearly on a mission to diversify, having purchased a majority stake in Authentic Gaming and own LiveCasino.com which they are building out as specialist live casino affiliate site.

I'd expect to see more ventures like this.