LeoVegas to acquire Royal Panda

Pulver

Senior Member
webmeister
PABaccred
Joined
Aug 5, 2009
Location
Tellus
LeoVegas announced to the stock exchange today that they will aquire Royal Panda casino.

The acquisition is being made for a purchase price of EUR 60 m with a
possible earn-out payment of an additional EUR 60 m. Due to the acquisition
and in order to act on future acquisition opportunities, the LeoVegas Group
has obtained debt financing of EUR 100 million, of which EUR 40 million
constitutes a revolving credit facility. Completion of the acquisition is
expected to be transferred on 1stof December 2017. Due to the acquisition,
LeoVegas Board of Directors has adjusted the Companys financial targets.

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Leo Vegas is reviewed at Casinomeister

4048

Experienced Member
Joined
Jul 20, 2017
Location
Malta
As long as this doesn't delay the launch of White Rabbit I'm not gonna complain :D
 

goatwack

Get dunked, big buns!
Joined
Aug 29, 2012
Location
Londonia
That promo Melvin & RP conjured up a while ago was one of the best I'd seen at CM, the 'Refer the tenner' one.

Great rep and a great outfit. I'd imagine they'll be in safe hands with LeoVegas though :thumbsup::cool:
 

Pulver

Senior Member
webmeister
PABaccred
Joined
Aug 5, 2009
Location
Tellus
LeoVegas is one of the best casinos out there in my opinion, so I don't think this will have any negative effects at all on Royal Panda as a brand.

I believe there will be a lot more consolidation in the gambling industry in the future as the competition is already super hard and there are new casinos popping up left and right.
 

Melvin - Panda

Dormant account
Joined
Sep 28, 2015
Location
Malta
All jokes aside! The whole Royal Panda team will stay on board and as a player you won't notice much of a difference in the short term. The only significant change for now is that there are different people putting the casino's profit in their pocket :rolleyes:

We keep our own teams, our own platform and games and our own promotions.

Of course we will share knowledge and resources with Leo Vegas, and in the long-term we might have some more significant changes, but I believe they will all be for the better!

Leo Vegas is a great company and I'm really looking forward to working together with everyone there.

Either way, Royal Panda will remain a separate brand with our own unique promotions, games and identity! Any questions or issues with Royal Panda can still be discussed with me.

Also.. It's been a while since I ran a Casinomeister promotion, hasn't it? Let me see if there is something I can do about that ;).
 

geordiecolin

Meister Member
PABnononaccred
CAG
mm4
Joined
Jun 5, 2015
Location
Near Newcastle
All jokes aside! The whole Royal Panda team will stay on board and as a player you won't notice much of a difference in the short term. The only significant change for now is that there are different people putting the casino's profit in their pocket :rolleyes:

We keep our own teams, our own platform and games and our own promotions.

Of course we will share knowledge and resources with Leo Vegas, and in the long-term we might have some more significant changes, but I believe they will all be for the better!

Leo Vegas is a great company and I'm really looking forward to working together with everyone there.

Either way, Royal Panda will remain a separate brand with our own unique promotions, games and identity! Any questions or issues with Royal Panda can still be discussed with me.

Also.. It's been a while since I ran a Casinomeister promotion, hasn't it? Let me see if there is something I can do about that ;).

Your the mutts nuts :cheerleader:
 

goatwack

Get dunked, big buns!
Joined
Aug 29, 2012
Location
Londonia
All jokes aside! The whole Royal Panda team will stay on board and as a player you won't notice much of a difference in the short term. The only significant change for now is that there are different people putting the casino's profit in their pocket :rolleyes:

We keep our own teams, our own platform and games and our own promotions.

Of course we will share knowledge and resources with Leo Vegas, and in the long-term we might have some more significant changes, but I believe they will all be for the better!

Leo Vegas is a great company and I'm really looking forward to working together with everyone there.

Either way, Royal Panda will remain a separate brand with our own unique promotions, games and identity! Any questions or issues with Royal Panda can still be discussed with me.

Also.. It's been a while since I ran a Casinomeister promotion, hasn't it? Let me see if there is something I can do about that ;).

It's ok, you can tell us the truth-

If they're hurting you in some way I swear I'll.....:eek::eek::eek:

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interlog

Meister Member
webmeister
PABnonaccred
MM
Joined
Mar 29, 2015
Location
London
Let's hope the non existent Leo Vegas loyalty programme doesn't get transferred to Royal Panda heh.
 
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