Panda has been catching plenty of attention, so we put it through its paces to see how it really holds up. AGT Software are the software studio behind it, tuning the title for medium low variance, with a return-to-player rate of 96.09%. The maximum win sits at 5,000x, so there's serious upside on the table. Visually it's finished with a clean, modern look, with the action running on 15 paylines across 5 reels. Originally released in 2024, it has aged well. Let's break down what works and what doesn't.
Written by Sophie Williams · Last updated: January 2026
Panda comes to us from AGT Software, finished with a clean, modern look. It runs on a 5-reel grid running 15 paylines with medium low variance, and an RTP of 96.09%.
Dig into the bonuses and Panda starts to stand out. Look out for scatter symbols that unlock free spins and extra bonus rounds. The medium low volatility makes it forgiving on the bankroll, ideal for relaxed, longer sessions. All told, it's a solid entry in the AGT Software catalogue.
The RTP of 96.09% is right around the industry average of ~96%. This represents a fair return that's in line with what most modern slots offer.
Medium-low volatility offers a good balance of regular wins with occasional larger payouts. Expect frequent hits with modest amounts, suitable for casual players who want low-risk entertainment.
About 1 in 3 spins results in a win. This is a moderate hit frequency that balances win frequency with payout size.
Panda features scatter symbols that can trigger free spins rounds. Landing the required number of scatter symbols anywhere on the reels activates the free spins feature, giving you extra chances to win without additional bets. During free spins, special modifiers may apply to boost your winning potential.
3.0 / 5 — Good
Panda by AGT Software is a solid offering that delivers good entertainment value. The 96.09% RTP combined with medium low volatility creates a well-balanced gaming experience.