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Churchill Downs Wants Bookie and More Gambling Options

Churchill Downs Wants Bookie and More Gambling Options
Sean Young    ,   -

Churchill Downs Wants Bookie and More Gambling Options

Churchill Down, the owner of Rivers Casino Des Plaines, wants to add more gambling options in the casino. Also, it wants to have its own sportsbook. It wants to have one of the six casino licenses in Illinois.

Aside from Rivers Casino Des Plaines, the company also wants to have more gambling options at Arlington International Racecourse. Under the new Illinois law, casinos can add a maximum of 800 gaming positions. Pay per head bookie analysts said that the company plans to maximize its gaming positions.

The gaming positions include the combination of slot machines and table games. In addition, the casino didn’t give an exact breakdown. However, it will depend on the tax rates for each type of gaming positions.

More Gambling Options in Illinois Casino

At present, Rivers Casino Des Plaines is the only casino to apply for more gambling options. Companies need to pay $24 million for expanded gaming positions. Around 200 to 250 positions can be added to the gaming floor without increasing its area.

Churchill Downs Wants Bookie and More Gambling Options

However, the casino needs to expand the gaming floor to maximize its gaming positions. In addition, Rivers will pay $10 million for a sports betting license in 2020. The casino is excited to get its share of the sports betting market in the state. It is looking for a bookie software to handle its online and retail sports betting operations.

Churchill Downs wants to add up to 1,200 gaming positions at the Arlington International Racecourse. However, the company is still in the planning stages. It will announce its final decision on the topic later this month. Also, the company is thinking of including a bookie operation in Arlington.

The new Illinois law allows up to six new casino licenses, including the one in Chicago. Churchill Downs is going to bid for the right to own one of the new casinos in the state. The company said it sees a lot of growth opportunities in the state.

The bad news is that you need to have an existing casino license to apply for a sports betting license in Illinois. Reading how to be a bookie for dummies guide might not help you get one unless you partner up with a casino.