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When the internet first became a thing in the 1990s, some very clever folks figured out that securing certain URLs was going to make them very wealthy. As a result, very quickly many of the common search terms had been snapped up, including many that were gambling-related.
But what happened to those URLs? Some of them were sold, some put a price too high on them, and as a result, they remain unused.
The casino we are reviewing today has one of these URLs: Casino.com. As you can imagine, this casino is right in the crosshairs of being searched online and has one of the easiest names to remember for any players.
However, are these guys any good? Let me tell you in this detailed, honest review of the site.
About Casino.com
In its current format, Casino.com has been in operation since 2008 (it was a casino software website before the URL was sold). The casino is owned and operated by Mansion Gaming, a huge Asian corporation that has been in the land-based and online casino business for over 2 decades. While some of their other brands are focused on Asian players, they use Casino.com to attract a more global audience; this is not shocking given the URL is so easily searched.
Casino.com is licensed by both the Gibraltar Gaming Authority and the UK Gambling Commission. This allows the company to focus on bringing in players and tells a good story that the parent company has passed the due diligence necessary to be awarded these licenses.
Who Can Play at Casino.com?
While the casino has several sites that are tailored for players from different countries (something I will detail a little later on), there is also a healthy list of countries that are restricted from play here. Most of this is due to their UK Gambling Commission license, as well as their relationship with their software vendor. As a result, players from the following countries are not allowed to play at Casino.com for real money:
- Antigua and Barbuda
- Australia
- Austria
- Belgium
- Bulgaria
- China
- Colombia
- Cyprus
- Czech Republic
- Estonia
- France
- Germany
- Greece
- Hong Kong
- Hungary
- India
- Indonesia
- Iran
- Ireland
- Israel
- Japan
- Libya
- Lithuania
- Macau
- Malaysia
- Mexico
- Romania
- Russia
- Singapore
- Slovakia
- Slovenia
- South Korea
- Spain
- Thailand
- Turkey
- Ukraine
- United States
Software Suppliers
For this casino, Mansion is using Playtech software. This is no surprise; the company uses it for some of their other brands, and Playtech is one of the top software suppliers in the industry today. Despite the fact that they limit access to their games from certain countries, you are still going to find some of the best choices when it comes to game selection and bonus games at Casino.com.
The Playtech software is available for play in three formats: you can download the casino client to your machine, or access the games via your browser in their Instant Play format. Also, you can find many of the games if you are using your mobile device by heading to the Casino.com site via your device’s browser.
The Good Stuff
Gaming Right Media Online Casinos No Deposit
Bonus Terms and Conditions
These can always be a bit confusing given that each game usually has its own conversion rate. However, at Casino.com, the site is not only upfront about how play is calculated, but the percentages they use for each game are aggressive compared to many casinos out there. Here is the contribution table for earning bonus dollars:
| Game Category | Wager Percent Contribution |
|---|---|
| Slots (all varieties) | 100% |
| Scratch Cards | 100% |
| Pai Gow (all varieties), Red Dog | 25% |
| Casino Hold’em (all varieties) | 25% |
| Roulette (all varieties including Wild Vikings and Wheel of Light) | 25% |
| Baccarat (all varieties) | 20% |
| Blackjack (all varieties excluding Blackjack Switch & Pontoon) | 20% |
| Stravaganza | 20% |
| Craps (all varieties), Sic Bo (all varieties) | 20% |
| Video Poker (all varieties) | 20% |
| Blackjack Switch , Pontoon (all varieties) | 5% |
| Lucky Wheel (Spin a Win) | 5% |
| All double options on slots & Video Poker (all varieties) | 0% |
| Jacks or Better, Fortunate Five (all game types), Gold Rally, Everybody’s Jackpot | 0% |
| All other games | 100% |
As you can see, games like Blackjack and Craps work on a 20% weighted scale; some casinos drop that all the way down to 1% in some cases!
Come Play the GIANT!
One of the things I like the most about the Playtech games is the Jackpot Giant progressive slot machine. This game is part of the Playtech Network progressive, meaning that all the casinos that offer it pool their progressive contributions, growing the jackpot at a faster rate. Today, you will find the jackpot amount at over 9 million USD for this game alone; there are loads of other progressives at Casino.com that aren’t quite as high.
The Bad Stuff
Payout Delays
Now, I will say that I am happy that the casino is upfront about these Terms and Conditions, but that doesn’t make me any more comfortable with them. Currently, all deposits have a48 hour internal hold on them before being sent to the processor of choice. This means in many cases it can be at least 4-5 days before you get your money, which is a little long considering how quickly other casinos can process these transactions.
Not Enough Ongoing Promotions
I am always surprised when I see only a few promotions available at a casino; there isn’t much effort that has to be put into a good series of ongoing promotions, so it just seems like laziness on the part of the marketing department. Given the ownership group behind Caisno.com, I expected better promotions than I found when I logged on.
Game Selection
Slot Machines
The Playtech slots are some of the best in all of the online casino landscape. Not only have they built games that play quickly and have excellent pay lines, but the company has also entered into a content licensing agreement with major entertainment brands. This means you are going to see titles with names and characters that are very familiar to you. There are hundreds of options available, but here are some that I wanted to highlight for you:
- Ace Ventura: Pet Detective
- Adventures in Wonderland Deluxe
- Age of the Gods
- Age of the Gods: Fate Sisters
- Age of the Gods: Furious 4
- Archer
- Atlantis Queen
- Batman & Catwoman Cash
- Batman & Mr. Freeze Fortune
- Batman & The Batgirl Bonanza
- Batman & The Joker Jewels
- Batman & The Penguin Prize
- Batman & The Riddler Riches
- Britain’s Got Talent Star Struck
- Buffalo Blitz
- Captain’s Treasure 9 line
- Captain’s Treasure Pro
- Cowboys & Aliens
- Crazy 7
- Daring Dave & the Eye of Ra
- Deal or No Deal: The Banker’s Riches
- Deal or No Deal: World Slot
- Desert Treasure
- Desert Treasure II
- Diamond Valley (5 line)
- Dolphin Cash
- Dolphin Reef
- Dragon Kingdom
- Dr Lovemore
- Easter Surprise
- Esmeralda
- Everybody’s Jackpot
- Fairest of Them All
- Fei Cui Gong Zhu
- Fei Long Zai Tian
- Fields of Fortune
- Ice Run
- Irish Luck
- Jackpot Giant
- Jurassic Island
- Kong: The 8th Wonder of the World
- Land of Gold
- Legacy of the Wild
- Leprechaun’s Luck
- Little Britain
- Miss Fortune
- Monty Python’s Life of Brian
- Monty Python’s Spamalot!
- Pink Panther
- Plenty O Fortune
- Purple Hot
- Queen of the Pyramids
- Queen of Wands
- Superman: The Movie
- Superman II
- Thai Paradise
- Thai Temple
- The Alchemist’s Spell
- The Flintstones
- The Jazz Club
- The Love Boat
- The Mummy
- The Riches of Don Quixote
- The Six Million Dollar Man
- The Three Musketeers and The Queen’s Diamonds
- Time For a Deal
- Top Gun
- Top Trumps: World Football Stars 2014
- Top Trumps Celebs
- Tres Amigos
- Ugga Bugga
- Vacation Station
- Vacation Station Deluxe
- Viking Mania
- Wacky Waters
- Wall Street Fever
- White King – Bai Shi
- Who Wants to be a Millionaire
- Wu Long
- Wu Long Jackpot
- Yu Huang Da Di – Jade Emperor
- Zhao Cai Jin Bao
- Zhao Cai Jin Bao Jackpot
Table Games
I have been playing Playtech’s Tables Games for as long as I can remember. When they came onto the scene in the early 2000s, many industry experts were blown away by how detailed the games were, and the quality of each game rivaled software that had been around for years. If you want to try one game in particular to see what I mean, give the Pai Gow table a try. The game is straightforward to play but shows off the graphics that I mentioned above. Here is the list of all the table games available for you at Casino.com:
- Lucky Blackjack
- Blackjack Switch
- Pontoon
- Blackjack Surrender
- Blackjack
- Perfect Blackjack
- Progressive Blackjack
- Blackjack Pro
- Baccarat
- Casino War
- Red Dog
- Roulette
- Craps
- Pai Gow Poker
- Keno
- Single Deck Blackjack
- Caribbean Poker
- Sic Bo
- Pontoon
- Around the World
- Blackjack Switch
- Bonus Bowling
- Casino Hold ‘Em
- Derby Day Horse Racing
- Dice Twister
- Heads or Tails
- Jackpot Darts
- Let Them Ride
- Mahjong
- Mega Ball
- Pachinko
- Penalty Shootout
- Poker Three
- Rock Paper Scissors
- Roller Coaster Dice
- Tequila Poker
- Wild Viking
- Bingo
- Casino Reels
- Final Score
- Genie’s Hi-Lo
- Knockout
- Wheel of Light
Live Casino
Playtech has built their own Live Dealer studio and now offers it to all of their licensees as part of their agreement. These games allow you to sit in your house and play against a real person dealing cards via live stream. At Casino.com, you can play the following games against another human:
- Roulette
- Blackjack
- Casino Hold’em
- Hi-Lo
- Baccarat
Video Poker
If you are a fan of video poker like me, then you are going to like what you find at Casino.com. They have several variants that you are going to recognize, and many of those games are available in multi-hand versions. Also, the 2 Ways Royal game has a pay table that pays 99.8%, as close to even odds as you are going to find in any casino. I recommend you set aside some time if you start to play these games; they are very enjoyable, and you could find an hour slip away before you know it.
- 2 Ways Royal
- Two-Way Royal
- Jacks or Better (1 hand)
- Jacks or Better (10 hands)
- All American
- Aces and Faces (1-4 hands)
- Aces and Faces (1-4 hands multi-play)
- Jacks or Better (50 hands)
- Pick ‘Em Poker
- Deuces Wild
- Deuces Wild
- Jokers Poker (kings or better)
- Jokers Poker (kings or better multi-play)
- Tens or Better
- Mega Jacks — Progressive
- Jacks or Better — Multihand
- Jacks or Better — Progressive
- Aces and Faces (25 hands)
Promotions
As mentioned, I would like to see more promotions than I currently found on the site, but here are a couple that I want to tell you about in more detail.
Welcome Bonus
The Welcome Package from Casino.com is a hybrid of Free Spins and a Match Bonus. Upon creating your account, you are awarded 20 free spins of the Age of God slot machine. That is a nice touch, as it gives you the chance to try a game and possibly win money without having to make a deposit. Following that bonus, you can make your first deposit and receive a match bonus of 100% up to $400 along with 180 more Free Spins. This is a comparable bonus to many of the casinos that I have reviewed. The wagering requirement for this promotion is 40x, and you cannot use any other bonus code until you have completed this one without voiding the welcome package.
Red or Black
This is a weekly deposit bonus that gives you the chance to choose between two different bonuses. Here is how it works:
Enjoy a weekly chance to grab something extra at the casino when you choose from one of TWO fantastic bonuses – available to play on ANY game!
Simply pick the offer you want and deposit using its code:
- Use code RED to get 100% extra up to $400 with 40x wagering
- Use code BLACK to get 50% extra up to $400 with 20x wagering
- Promo period: 00:01 – 23:59 (GMT) EVERY Wednesday
I personally love this promotion; to me, taking the lower bonus amount with half the wagering requirement is a no-brainer, and I recommend that all my readers use this bonus code every Wednesday!
Banking
It comes as no surprise that there are many payment options for players at Casino.com, regardless of where you live. As soon as you log on to the website, you can click on the payment methods page and see an overview of the methods available in your country.
Deposit Options
- ClickandBuy
- EcoPayz
- Laser
- Maestro
- MasterCard
- Neteller
- PayPal
- Paysafe Card
- Switch
- Ukash
- Visa Debit
- Visa Electron
- Visa
- Entropay
- Internet Banking
- Skrill
- Boku
- WebMoney
Withdrawal Options
- Maestro
- Neteller
- Visa Electron
- Visa
- Skrill
- Wire Transfer
- Check
- Envoy
- MyCitadel
- WebMoney
Comp Program
There is a Comp Program in place at Casino.com. You earn points when you play any of the games at the site for real money. You can then redeem these points for cash, at an initial rate of $10 for every 400 points you have in your account. As you progress along the VIP track, you can increase the rate of earning points as well as the conversion rate to real cash.
VIP Program
This site prides themselves on their VIP program; they are quick to tell you that this is a lifetime program. What that means is that once you are qualified to be a VIP, you will never not be a VIP (you can drop tiers of course). Let’s start by looking at what it takes to become a VIP at this casino:
“To qualify as a Casino.com VIP, you need to have accumulated 20,000 loyalty points and deposited a minimum of $3,000/2.200€.
To qualify as a Casino.com VIP Elite, you need to have accumulated 50,000 loyalty points and deposited a minimum of $24,000/17.600€.
Every time you play – whether on your computer, mobile or tablet, you earn loyalty points.
Once you become a VIP, you’ll be contacted by one of our VIP Account Managers who will issue your personal invitation, initiating your superior service and exclusive benefits.
So, that seems pretty straightforward to me, which is excellent. Confusing terms can turn a player off, and they certainly don’t want to lose a potential VIP player!
When it comes to rewards, here is the breakdown of what you will receive when you become a VIP:
- Your own personal account manager – responsible for providing you with the highest level of service and best casino VIP experience available.
- Exclusive promotions & reloads – you’ll enjoy exclusive promotions tailored to you and be kept up-to-date with future events.
- Special gifts – we’ll help you celebrate those important moments. Birthdays, anniversaries or simply because you deserve to be treated.
- VIP only events – a day at the football field, tickets to the theatre, or a hospitality package at an exclusive casino, you’ll be guaranteed a day to remember.
- Higher loyalty point conversion rates – as a VIP you will enjoy higher redemption rates for your loyalty points and get up to 433% more cash for your loyalty points than a regular player.
- Faster withdrawal times – enjoy your winnings more quickly.
- Higher deposit limits – enjoy higher limits on funding your account.
Again, these are straightforward perks, and I like that they have a table that shows you what each tier receives. I want to highlight the VIP Elite tier, which is the top tier. If you make it to that level, you can expect to be invited to amazing events; they have taken players to F1 Races and other VIP events in different countries. Overall, I like what I see with this program.
Customer Service
Casino.com wants to make sure that you are able to have your issues solved any time of day, so they offer their players 24/7 customer support. If you need to reach one of the CS agents, I would suggest giving them a call; they have toll-free numbers for most countries, which is a nice touch. Once you have created an account, you have access to their Live Chat operators, which can also get you answers promptly. Should your issue require more detail, then I would suggest emailing their support address.
Would I Play at Casino.com?
Considering the high-profile name of this casino, I was concerned at first that it wouldn’t live up to the hype. However, I think this casino overall, provides an excellent opportunity for players who are looking for a great piece of software. Along with Playtech’s great games (and their Live Dealer options), the casino offers great Comp and VIP programs, really focused on making you a long-term player with the site. While they could improve their promotions department, I can still recommend Casino.com to my readers.
This review was made by: LegitGamblingSites.com Rating: 3.9 out of 5
WYOMISSING, PA (Jan. 29, 2020) – Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) announced today that it has entered into an agreement to acquire a 36% interest in Barstool Sports, Inc. (“Barstool Sports”), a leading digital sports media company, for approximately $163 million in cash and convertible preferred stock. Under the agreement, Penn National will be Barstool Sports’ exclusive gaming partner for up to 40 years and have the sole right to utilize the Barstool Sports brand for all of the Company’s online and retail sports betting and iCasino products.
Jay Snowden, President and Chief Executive Officer of Penn National, commented, “This exciting new partnership with Barstool Sports reflects our strategy to continue evolving from the nation’s largest regional gaming operator, with 41 properties in 19 states, to a best-in-class omni-channel provider of retail and online gaming and sports betting entertainment.”
Mr. Snowden continued, “With its leading digital content, well-known brand and deep roots in sports betting, Barstool Sports is the ideal partner for Penn National and will enable us to attract a new, younger demographic, which will nicely complement our existing customer database. In addition, with 66 million monthly unique visitors, we believe the significant reach of Barstool Sports and loyalty of its audience will lead to meaningful reductions in customer acquisition and promotional costs for our sports betting and online products, significantly enhancing profitability and driving value for our shareholders.”
Jon Kaplowitz, Head of Penn Interactive, commented: “We look forward to introducing our 20 million mychoice customers to the Barstool Sportsbook brand through our retail sportsbooks and our interactive products. Our growing team of product and engineering talent at Penn Interactive is focused on what we anticipate will be a best-in-class sports betting app, which is expected to launch in the third quarter of 2020. Our team is excited to begin collaborating with Barstool Sports on ways to utilize its key talent and leading content to drive audiences to Penn National’s online gaming products and retail locations, as well as to special events and fan experiences.”
Erika Nardini, Chief Executive Officer of Barstool Sports, said, “Barstool Sports is a dynamic content company that has grown into a media juggernaut thanks to some of the best talent and fans in the world. Over the last five years, Barstool Sports has brought its audience, creativity and expertise to the biggest sports betting and DFS operators in the country with great results. The chance to combine our content and fans with Penn National's massive footprint, and to develop a unique and compelling omni-channel approach together, was for us a no brainer.”
Dave Portnoy, Founder of Barstool Sports, added, “This opportunity is a dream of mine and why I started Barstool Sports in the first place. Barstool Sports has a deep sports and gaming history and from the moment we met Jay and the Penn National team we knew this could be an exciting and game changing partnership and we can't wait to get started. I think with our shared vision and goals, we are uniquely positioned to be a leader in this business.”
Mike Kerns, Partner at TCG, stated, “We’re excited to partner with Penn National on Barstool Sports’ next chapter. We have long believed in the power of Barstool Sports’ unique brand, and with Erika’s leadership and Dave’s vision, the Company has realized remarkable growth over the last four years. We believe the marriage of the Barstool brand and passionate audience with Penn National’s gaming leadership will change the industry.”
Mr. Snowden concluded, “As we continue to execute on our omnichannel strategy, we plan to remain focused on our efforts to de-lever our balance sheet while building on our long-term progress in expanding operating margins at our regional casinos. As previously announced, our goal is to achieve a lease-adjusted net leverage level of 5.0x by the end of 2020.”
Transaction Details
Penn National’s initial investment for 36% of the equity of Barstool Sports is comprised of approximately $135 million in cash and $28 million in shares of non-voting convertible preferred stock. After three years, Penn National will increase its ownership to approximately 50% with an incremental investment of approximately $62 million, consistent with the implied valuation at the time of the initial purchase.
Under the terms of the agreement, Penn National has immediately exercisable call rights, and the existing Barstool Sports shareholders have put rights exercisable beginning three years from closing, for the remaining Barstool Sports shares based on a fair market value calculation to be performed at the time of exercise. Penn National also has the option to bring in another partner who would acquire a portion of Penn National’s shares of Barstool Sports. Penn National will have customary governance rights, including initially two seats on Barstool Sports’ seven-member board of directors.
Following the close of the transaction, entities affiliated with The Chernin Group, which previously owned approximately 60% of Barstool Sports, will own 36% of Barstool Sports, and the remaining 28% will be held by Barstool Sports’ employees, including Mr. Portnoy and Ms. Nardini.
The Company expects to close the transaction in the first quarter of 2020, subject to customary closing conditions set forth in the purchase agreement.
Penn National Gaming will host an analyst day in June to discuss the Barstool Sports transaction further and expand upon the Company’s omni-channel vision for the convergence of sports betting and casino gaming.
Conference Call and Webcast
Penn National will host a conference call and simultaneous webcast today, Wednesday, January 29, 2020 at 8:00 a.m. ET to review the Barstool Sports transaction, share the Company’s vision for sports betting and iGaming, and host a question and answer session. To access the conference call, interested parties may dial www.pngaming.com. During the conference call and webcast, management will review a presentation which can be accessed at www.pngaming.com. A webcast replay will be available for 90 days following the live event at www.pngaming.com. Please call five minutes in advance to ensure that you are connected. Questions and answers will be taken only from participants on the conference call. For the webcast, please allow 15 minutes to register, download and install any necessary software.
# # #
About Penn National Gaming
Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. The Company operates 41 facilities in 19 jurisdictions. In total, Penn National Gaming’s facilities feature approximately 50,500 gaming machines, 1,300 table games and 8,800 hotel rooms. The Company also offers social online gaming through Penn Interactive and has a leading customer loyalty program with over five million active customers.
About Barstool Sports
Founded in 2003 by David Portnoy, Barstool Sports is a leading digital sports, entertainment and media platform that delivers original content across blogs, podcasts, radio, video and social, supported by nearly 70 dedicated personalities. It benefits from approximately 66 million monthly unique visitors, including an estimated 48% of males and 44% of females in the Millennial and Generation X generations across the United States. In 2019, Barstool Sports grew by approximately 65%, delivering nearly $100 million in revenue from digital and audio advertising, ecommerce, events, licensing and subscription.
About The Chernin Group
The Chernin Group was founded as a holding company to acquire and operate direct-to-consumer brands in media and tech. After a decade building consumer businesses, The Chernin Group management team formed TCG – a multi-stage investment firm based in Los Angeles and San Francisco. TCG’s portfolio includes digital media, commerce, marketplaces, sports, gaming, consumer finance, and health and wellness brands and platforms.
Forward-looking Statements
All statements included in this press release, other than historical information or statements of historical fact, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, including statements regarding the Company’s investment in Barstool Sports and the related transactions, the Company’s online strategy, the potential benefits of the investment in Barstool Sports, including the benefits for the Company’s online and retail sports betting and iCasino products, the expected financial returns from the transaction with Barstool Sports, including reductions in customer acquisition and promotional costs, the projected closing date of the investment in Barstool Sports, the Company’s ability to repay debt in 2020, are subject to risks, uncertainties and changes in circumstances that could significantly affect the Company’s future financial results and business. Accordingly, Penn National cautions that the forward-looking statements contained herein are qualified by important factors that could cause actual results to differ materially from those reflected by such statements. Such factors include, but are not limited to: (a) the Company may not be able to achieve the expected financial returns due to fees, costs and taxes in connection with the Company’s roll out of its own online and retail sports books and iCasino products; (b) states may not pass legislation approving online and retail sports books and iCasino products; (c) the closing of the transaction with Barstool may be delayed or may not occur at all, for reasons beyond our control; (d) the ability to satisfy the closing conditions to the transaction in a timely basis or at all; (e) the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976; (f) potential adverse reactions or changes to business or regulatory relationships resulting from the announcement or completion of the transaction; (g) the outcome of any legal proceedings that may be instituted against the Company, Barstool Sports or their respective directors, officers or employees; (h) the ability of the Company or Barstool Sports to retain and hire key personnel; (i) the impact of new or changes in current laws, regulations, rules or other industry standards; (j) the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the Company and Barstool Sports to terminate any of the transaction agreements between the companies, and (j) other risks, including those as may be detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). For more information on the potential factors that could affect the Company’s financial results and business, review the Company’s filings with the SEC, including, but not limited to, its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The Company does not intend to update publicly any forward-looking statements except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur.
CONTACTS:
General Media Inquiries:
Eric Schippers, Sr. Vice President, Public Affairs
Penn National Gaming
610-373-2400
Kelly Martin, Head of Talent Relations and Communications
Barstool Sports
Kelly.Martin@barstoolsports.com
Financial Media and Analyst Inquiries:
Justin Sebastiano, Sr. Vice President of Finance and Treasurer
Penn National Gaming
610-373-2400
Joseph N. Jaffoni, Richard Land
JCIR
212-835-8500 or penn@jcir.com