Sports betting licenses would range from $3.2 million to $20 million and be offered to brick-and-mortar facilities and to online operators, with taxes of 15%. Revenues raised from the new casinos, the selling of sports betting licenses, and a higher tax on video gambling machines would go toward funding the vertical components of a long-term capital infrastructure plan, such as state building renovations.
Rush Streets diverse portfolio comprises many full. Under that bill, casinos, race tracks and sports facilities that seat more than 17,000 people - such as Wrigley Field or United Center - would also be eligible to buy sports betting licenses under the bill, making Illinois one of about a dozen states to legalize the practice after a U.S. BetRivers is owned and operated by Rush Street Gaming, a casino and hotel corporation located in Chicago.
Sports gambling was legalized last June when Illinois lawmakers approved the gambling expansion bill, which included new casinos, sports betting and other additions. 'We're excited to add this top-flight amenity to what is already a premier destination,' said Bill Carstanjen, CEO of Churchill Downs Inc., the company that co-owns Rivers. BetRivers will launch the site and mobile app later this year.
