Swedish LeoVegas AB mobile gaming provider has communicated the successful technical migration of Royal Panda into its Rhino platform in order to have a more focused and efficient operation that fully benefits from economies of scale in technology, products and organization. Now, the entire Group’s wholly owned brands are running on the joint-Group platform.
According to Gustaf Hagman, CEO of LeoVegas Mobile Gaming Group: “Being able to run all brands on one and the same platform is a milestone in the company’s history. I want to strongly commend all of the teams that made this possible. I am eager to see how we can now free up resources and speed up the pace of our other growth initiatives, as well as how all of Royal Panda’s customers can now fully benefit from the best gaming experience there is.”
Having a single platform decrease the complexity of operating activities, and the Group’s own technology organization minimizes redundant work that is required when operating and running several technical platforms. The advantage of LeoVegas’ multibrand support is that Royal Panda will be able to retain its own profile, look and feel, even though the brand uses the same technical platform as the Group’s other wholly owned brands.
Royal Panda’s gaming experience will be significantly improved through a faster and better mobile solution and an expanded offering of casino games, an improved sports betting experience, and a larger number of payment options. Even internally developed innovations, such as LeoVegas’ Open Banking technology and the record-large jackpot, LeoJackpot, are now available to Royal Panda players.
Regarding Rhino, LeoVegas’ technical platform, it’s one of the leading gaming platforms in the world. It is fully ported to Google Cloud for scalability and stability. The platform is developed for multibrand operations, currently handles more than ten brands and is licensed in eight jurisdictions. Rhino manages more than 60 game integrations from casino providers (both directly and via aggregators), sports books and more than 30 payment service providers, including support for Open Banking.
Back in 2017, LeoVegas International Limited had announced the acquisition of the Royal Panda brand from Maltese company Web Investments Limited in a €100 million deal. Three years later, the operator decided to withdraw the Royal Panda brand from the UK market, with the website no longer accepting new customers. Now, the integration process has fully completed, and Royal Panda is available for players in the Rhino platform.