Churchill Downs plans to add a sportsbook to Rivers Casino Des Plaines to ensure that its property will enter the state’s nascent sports betting market. The property will also have its own game floor and garage extended as part of a full expansion plan. Mr. Carstanien told investors on Thursday that they plan to pay $ 24 million in licensing fees next year. USD. For the right to add 800 game positions to the property. As a result, the total number of gaming positions of Rivers Casino will reach 2000.
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The executive also explained that he could add 200 to 250 gambling positions once the Illinois Gaming Board reviews and approves the license application. However, adding all 800 positions will require an expansion of the casino hall. The Rivers Des Plaines Casino has been the highest-winning casino in the state of Illinois since it opened in 2011. According to statistics from the State Gambling Council, gaming profit last year was $442 million, and in the first half of the year it was more than $219 million.
In addition to the Rivers Casino, Churchill Downs said Thursday that it has plans for the Arlington International Racetrack. Under the new Illinois gaming law, the state’s racetrack can offer up to 1,200 slot machine and table game positions in addition to horse racing. Mr. Carstanien said they would be applying for these additional positions, but did not provide more information about what else they had planned for the racetrack. Churchill Downs operates many casinos and racetracks in a number of states across the country. Since the lifting last year of a long-standing federal ban on sports betting, the company has opened up betting opportunities under the BetAmerica brand in many locations in addition to its existing gaming offering.