Golden Panda Is it Legit?

Golden Panda: Is it legit?

The icy-sounding Igloo Ventures SRL is based in Costa Rica, and Golden Panda is a subsidiary of the business. They proudly display their license number, ALSI-1423 l 1005-FI2, which was issued by the ‘Government of the Autonomous Island of Anjouan', Union of Comoros. This passes all compliance inspections, but that's its strong suit; protecting customers isn't. Anjouan may not be the gold standard when it comes to gaming licenses, but it's still light years ahead of sites that don't bother with either, we must mention.

It appears like LuckyPays does everything it can to keep its players safe in terms of security protocols. To a large extent, this site abides by the norms set out by established offshore casinos. They seem to manage your personal information and money transfers adequately or above reasonably, and their verification process is comprehensive enough to give them a considerable boost. Additionally, the T&Cs are well-written, which is somewhat comforting.

Overall, the Anjouan license isn't exactly a model of first-rate regulation, but it's enough to facilitate compliance with basic standards of safety, fair play, and legal processes. Check your risk tolerance before placing any bets at Golden Panda, but if it appears like a good site to wager, go ahead at your own discretion.

The Short Answer: Is Golden Panda Legit?

Bettors who are willing to take on more risk in exchange for the possibility of a new betting experience will find what they're looking for here. Though it's great that Golden Panda is open about its ownership and has a license, it's not exactly one of the strictest that would watch out for your best interests, or so it seems.

Why Do We Think That?

• Freshly Debuted operator: Although the name Igloo Ventures SRL is neat, the company hasn't been operating long enough for us to form any impressions about the casino's trustworthiness. The site can't take advantage of the trust bump that comes with an established brand, which isn't always a negative thing, but it has to be put out there.
• Licensing and operator info disclosed: Even though openness isn't a guarantee of safety, it's a good beginning, and many scam sites never even get to the point where they reveal who runs the show and what sort of legal gambling license it operates under. Here, things are good in this regard.
• Costa Rica license: In terms of consumer protection, the license is almost worthless, much less to a global audience of players. To a certain degree, it is a valid one but nonetheless, it lags far behind licenses granted by the UKGC or the MGA. Your best bet would be to proceed with caution.
• Excellently written Terms and Conditions: You can rely on the terms and conditions to be there for you if you need to double-check anything, which is another plus. It would be cause for concern if the betting site's rules were unclear or nonexistent, but that is not the situation here, and it’s even quite the opposite.