One question, BetPanda states it in their TOS to protect themselves and against users for potential issues that may arise. However, why is BetPanda, and any other casino offering it, VPN friendly? VPN is supposed to mask your address for privacy, but ultimately, your location might be appearing from another country. What's the point then? 99% of users using a VPN have a foreign IP, isn't that indirectly allowing you to gamble from a restricted country, and allowing you to do that with a VPN? Perhaps you might face issues with KYC when and if requested, because then, you'll have to declare your country of residence, but till then, you're free to play, right?
With VPN, you hide your true IP address and it is not important that you configure the VPN to other countries or your country. If a casino is VPN friendly, they will not trigger KYC just because you switch your IP addresses from one nation to other nations with VPN. They know that you are using VPN for accessing their casino, but it's enough and they don't see it as a user's risky activity.
If there is a restricted area list, a user must register at least with country of residence, in order to register an account and use the casino. If KYC is not mandatory for registration, later I don't get reason why VPN can trigger KYC requirement by the casino. Only if you win big, your account will be under investigation and it can be time for dig deeper in your IP address and identity.