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CDI to Acquire Peninsula Pacific Entertainment Assets for $2.49 Billion




Churchill Downs Incorporated (CDI) has announced that it has entered into a definitive purchase agreement to acquire substantially all of the assets of Peninsula Pacific Entertainment LLC (P2E) for total consideration of $2.485 billion.

CDI will acquire all of P2E’s assets in Virginia and New York as well as the operations of its Sioux City casino property. The P2E Transaction is dependent on usual and customary closing conditions, including the Company obtaining approvals from the Virginia Racing Commission, the New York State Gaming Commission, and the Iowa Racing and Gaming Commission. The transaction is expected to close by the end of 2022.

“This unique set of assets expands our geographic footprint and provides additional scale. P2E has done an exceptional job developing and managing this collection of assets, which we are very excited to acquire and plan to strategically grow in the years ahead,” Bill Carstanjen, Chief Executive Officer of CDI, said.

Colonial Downs Racetrack and Virginia Historical Racing Entertainment Venues

CDI will acquire Colonial Downs Racetrack, a Thoroughbred racing facility in New Kent, Virginia (Colonial Downs), as well as six successful and growing “Rosie’s Gaming Emporium” historical horse racing facilities across Virginia. Rosie’s Gaming Emporium locations currently include Collinsville, Dumfries, Hampton, New Kent, Richmond, and Vinton. These facilities currently have approximately 2700 historical racing machines (HRMs). The transaction significantly expands the geographic diversity of CDI’s live and historical racing entertainment venues and reinforces CDI’s role as a national leader in historical horse racing.

del Lago Resort & Casino in Waterloo, New York

CDI will acquire del Lago Resort & Casino (del Lago) in Waterloo, New York. del Lago is a 96,000 sq. ft. casino with approximately 1700 slot machines, 80 table games, a 205-room hotel, nine restaurants/bar areas, 758 covered parking spaces, a 6000 sq. ft. sportsbook area, a 2400-seat entertainment venue, and a 7200 sq. ft. outdoor event venue.

Hard Rock Hotel & Casino in Sioux City, Iowa

CDI will acquire the operations of Hard Rock Hotel & Casino in Sioux City, Iowa (Hard Rock Sioux City). Hard Rock Sioux City is a 45,000 sq. ft. casino with 639 slot machines, 20 table games, a 54-room hotel, 1511 parking spaces with 530 covered, two live entertainment venues, a 100-piece music memorabilia collection, and a Hard Rock-branded sportsbook.

Under the terms of the P2E Transaction, P2E is expected to reach a definitive agreement to sell the real property associated with Hard Rock Sioux City (Sioux City Property) to a third party. CDI will acquire the operating company and lease the Sioux City Property from that third party. Following the closing, CDI will operate Hard Rock Sioux City and lease the Sioux City Property pursuant to lease terms negotiated prior to the closing. In the event P2E is unsuccessful in reaching a definitive agreement with a third party to purchase the Sioux City Property by a certain date, the Sioux City Property will be included in the P2E Transaction and the total consideration will increase to $2.75 billion.

Other Development Rights

Under Virginia law, CDI will have the opportunity to develop up to five additional historical racing entertainment venues in Virginia with collectively up to approximately 2300 additional HRMs. As part of the P2E Transaction, CDI will also acquire the rights to build a large gaming resort (the Dumfries Project), with up to 1800 HRMs in Northern Virginia. P2E previously announced plans to invest up to $400 million to build the initial phase of the Dumfries Project, which is scheduled to open in 2023.

CDI will also acquire the rights to develop Rosie’s Gaming Emporium in Emporia, the seventh historical racing entertainment venue under P2E’s Colonial Downs license. The Emporia facility, located along I-95 near the North Carolina border, will have 150 HRMs and is expected to open in 2023.

Also, included in the P2E Transaction are the rights to P2E’s ongoing effort in partnership with Urban One, to develop ONE Casino + Resort, a $565 million destination casino in Richmond, Virginia.

P2E’s gaming license in the State of Louisiana, and its casino development rights in Cedar Rapids, Iowa, are not included in the transaction.

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FAVBET partners with BETER Live in major boost to its live casino offering




BETER Live’s suite of premium games is now available to all of FAVBET’s users in Ukraine, Croatia, and Romania

Ukraine’s leading iGaming operator FAVBET and BETER Live, the live casino division of the betting content and data provider BETER, has announced a long-term partnership to expand FAVBET’s live casino experience.

From now on, BETER Live will provide FAVBET with a portfolio of authentic and interactive live casino titles in markets across its 3 markets of operation. This includes more than 20+ games and variations covering Roulette, Blackjack, Gravity Blackjack, Gravity Roulette and Ukrainian Roulette.

Game presenters have been trained to the highest possible standards and also know how to provide an engaging player experience, chatting with players throughout their time at the table.

FAVBET has recently launched a UA Roulette table, powered by BETER Live, which has been tailored to meet the specific preferences of Ukrainian players. The new localised game has already found a response among players, showing a near 40% higher conversion rate and 4x more organic traffic compared to the provider’s regular roulette.

“Being a trailblazer in the Ukrainian online casino scene, FAVBET is constantly looking for new and exciting ways to engage our players while offering them the best possible experience. We are happy to have added BETER Live’s games to our portfolio and be able to provide a fully localised experience to our players and stand out from competition. We now look forward to working closely with BETER Live to continue to enhance our live casino offering and have many great products and updates in the pipeline,” commented FAVBET.

Anna Vikmane, Director of BETER Live, said: “We are delighted to share the news of another successful partnership between BETER Live and a leading operator, FAVBET. It is one of the most recognised brands in the Ukrainian market and one that players trust.  Localisation is key to FAVBET’s success, and we have been able to work with the operator to ensure our content delivers a localised player experience. Shortly after we launched our first games and FAVBET could see they were a big hit with its customers, we rolled out Ukrainian Roulette — the operator’s first step towards a dedicated offering for the market.” 

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Cryptocurrency and Online Gaming: Upsides and Downsides




At this moment in time, everyone and their dog must have heard about the power of Bitcoin. People turn to crypto for quicker and more private transactions. On the other hand, players turn to online gaming platforms for their easy accessibility.

Besides making waves individually, cryptocurrency and online gaming have crossed paths on many platforms. Consider a casino like ReelCrypto, with hundreds of thrilling games that allow players to transact using Bitcoin and other forms of cryptocurrency.

This growing trend raises many questions. Why do some players prefer using cryptocurrency on online gaming sites? What are the upsides and what are the downsides?

Upsides of Crypto in Online Gaming

The integration of Bitcoin, Ethereum, and other cryptocurrencies in online gaming delivers several significant advantages. Here are some of the main ones:

  • Anonymity and Privacy

Whenever the discussion is about crypto, there’s always word about anonymity and privacy. These digital coins still bring this substantial advantage to online gaming platforms.

Unlike credit cards or bank accounts, cryptocurrency transactions do not require personal information. Players only need to provide a wallet address. This extra layer of privacy is invaluable to many. Some players prefer discreet gaming, and crypto gives them that luxury.

  • Lower Transaction Fees

Traditional payment methods usually demand fees that can eat into players’ gaming budgets. That’s not the case with cryptocurrencies, as these costs are significantly reduced. Most crypto transactions require a minimal network fee, making it a cost-effective option. Players can then spend more on what they enjoy, gaming, rather than losing money to transaction fees.

  • Speed and Ease of Transactions

One of the pain points online gamers face is waiting hours and sometimes days to withdraw funds. Bank transfers, for example, take multiple business days. Some e-wallets allow instant transactions, but it’s fiat, which can easily take hours. Cryptocurrencies eliminate this problem by allowing near-instant transactions. Whether players are funding their accounts or cashing out winnings, the process is quick and straightforward.

Downsides of Crypto in Online Gaming

The upsides of using cryptocurrency in online gaming are clear: greater privacy, lower costs, and faster transactions. Now, let’s consider the downsides below:

  • Regulatory Hurdles

The regulatory environment for cryptocurrencies is still evolving, which poses a challenge for online gaming platforms supporting digital currencies. Different jurisdictions have varied stances on the legality of using Bitcoin and other altcoins for gambling, among other activities. For this reason, many crypto online gaming platforms can’t operate on a global scale. Also, many players will be skeptical, not wanting to go against the law.

  • Fraud Prevention

Cryptocurrency transactions are irreversible, and that allows for potential fraud or theft. For instance, a player can sign up on a fraudulent gaming platform, and if they send coins, they can’t get them back. That’s why ensuring playing at reputable and secure platforms is vital.

Bottom Line

Crypto has brought substantial improvements to how players transact on online gaming platforms. These benefits foster the increasing integration of cryptocurrency options in the online gaming industry. However, there are security issues to be resolved.

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Maximize Your No Deposit Bonus: Top Slots with Best Odds



Maximize Your No Deposit Bonus: Top Slots with Best Odds


Online slots give people chances to win real money. Thus, each game has its particularities and differences. Some will bring more money into your pocket, while others are simply aesthetically pleasing. 

Casinos offer no-deposit deals to attract new punters who don’t want to invest from the beginning. Such platforms offer players a fantastic opportunity to explore new slot games without any financial risk. 

By utilizing these bonuses, you can effectively evaluate the odds of various games before investing your own funds. Using complimentary no-deposit funds on the optimal slot machines presents an exceptional prospect to secure additional bonus victories.

Let’s see together which slots you can find in no-deposit bonuses and their key features. 

Best Slot Games for No Deposit Bonuses

Slot Game Avg. RTP Min. Bet Max. Bet Volatility Key Features
Starburst 96.1% $0.10 $100 Low Expanding wilds, stacked symbols;
Blood Suckers 98% $0.25 $50 Medium Free spins, highest RTP
Immortal Romance 96.86% $0.30 $30 Medium Chamber of spins bonus

The table below explains the best slot games you can find in no deposit bonuses, considering their average return to player rate, betting interval, volatility and perks. 

Starburst: The Classic that attracts millions

Starburst is one of the most popular slots at the moment. You can find no deposit-free spins deals with Starburst in several casinos you research. But what is so fascinating that makes people come back for more? 

Galactic wins

Starburst is all about gems and colourful jewels. The Starburst Wilds feature can be stacked and take over the entire reel, creating an image. The game’s simplicity and the Win-Both-Ways mechanics make people play it again, especially on mobile. 

This game is perfect for new players because it is simple to understand, with no crazy features that might pressure you. So, if you never interacted with a casino before, we recommend you try this one. After one or two no-deposit deals with Starburst, you can start playing Immortal Romance or Blook Suckers. 

Immortal Romance: Slot with witches and vampires

Immortal Romance is a Microgaming creation with 243 ways of winning. It is fully adapted to any device and presents a love story with vampires. The game has a 31.21% hit frequency rate, meaning you can win each 3.2 spins on average.

Extra Features

The game has eight extra features, but we’ll mention only the best two of them. The Wild Desire is a random appearing detail from the base game. You can have all of your reels turned Wild, and if you manage this luck, you get 1000 times your stake. 

At least three Lion Door Knocker symbols grant you access to the Chamber of Spins. Before entering the chamber, pick one of the four characters. Select it carefully and enjoy the new screen and special effects.

Blood Suckers Got The Best RTP

NetEnt created Blood Suckers with the classic 5×3 grid and 25 paylines. The maximum win you can get is 1,014.6 times your stake, meaning that if you’re fortunate with only $5, you can get over $ 5000. The game gives $2 back to the casino for each $98 you win. It is a win-win situation if you’re into dark themes. 

The regular symbols are garlic, crossbows, holy bibles and holy water. The high-value icons are the Succubus, Nosferatu, and the aristocratic vampire. Vlad the Impaler is the highest value symbol, and if you get five on your screen, you win 20 times your stake without any fuss.

Vampires bring out the cash 

The game has two extra features that enhance your gambling adventure. The Vampire Slaying Bonus is triggered by having the Hammer Bonus Icon on each reel. This mini-game changes your screen into a burial temple with 12 coffins. 

Each coffin with a vampire inside brings you cash prizes, but your session will end if you get one with bats.

The Free Spins Feature gets active if you land on three or more Bride Scatters. For a maximum of 5 Brides on your screen, you’ll get 100 times the prize bet and ten free spins. 

The game is not new, but compared to Immortal Romance, you’ll find it in fewer casinos on a no-deposit deal. 

No deposit deals are not scams

To make things clear, no deposit bonuses are not scams if the casino has valid licenses and high security on its website. 

You get the chance to play one of these three cool-themed slot games and potentially win some money without putting your funds first. The only catch is that the wagering requirements are higher, and you have a maximum cash-out limit of $20. Thus, they are still valid, and you can find slots with all sorts of themes and styles.

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