Illinois which is expecting several casinos after state Governor J.B. Pritzker signed a massive gambling expansion bill earlier in the year, has got its first land-based casino.
The Illinois Gaming Board has approved the land-based license for Rush Street Gaming’s Rivers Casino.
“We’re incrementally adding these games,” said casino spokesman Patrick Skarr. “By going land-based, we can reconfigure some of our existing footprints not above water, add these games and positions within that, and then move forward with our larger expansion program.”
Rush Street Gaming, also revealed plans to invest $150 million to expand the casino and increase the number of gaming positions to 2,000, the maximum allowed by the expansion bill.
The casino was launched back in 2011 and it generates about $400 million annually in terms of revenue.
Earlier in the year, Churchill Down received a regulatory authorization to receive a majority stake in Rivers Casino Des Plaines.
The Churchill Downs had declared its plan to buy a 50.1% stake in River Casino parent company that is Rush Street Gaming Holdings. And for the lion’s share, the Kentucky operator was ready to give $326 million which is a huge amount.