Rivers Casino Des Plaines Ownership

Posted onby admin
Rivers casino des plaines ownership centerRivers casino des plaines ownership maps

Churchill CEO William Carstanjen (Creidt: Getty Images and iStock)

The majority owner of Rivers Casino plans to bid on one of six new state-approved casino licenses and will expand its Des Plaines facility.

Churchill Downs said in an earnings call that it will spend $10 million early next year for the rights to allow betting on sporting events at Arlington International Racecourse and another $24 million to license 800 additional positions, according to Crain’s. The new law allows for up to 1,200 positions.

Rivers Casino Des Plaines Ownership

That will require Churchill’s Rivers Casino to expand the building’s footprint and parking garage, Churchill CEO William Carstanjen said. He did not answer an analyst’s question directly on whether Churchill will bid for one of the new casino licenses independently, with Rivers or another partner, Crain’s reported.

Rivers Casino Des Plaines Ownership

Earlier this year. Gov. J.B. Pritzker signed a sweeping state gambling bill into law, later prompting city leaders to suggest locations for a new Chicago casino away from Downtown.

Rivers Casino Des Plaines Ownership Maps

Entrance to Rivers Casino from River Road in Des Plaines. (Journal file photo) Members of the Illinois Gaming Board unanimously approved the transfer of 50.1 percent ownership of Clairvest Group. Rivers Casino 3000 S. River Road Des Plaines, IL 60018 View Map. Contact Us 888.307.0777 (Toll Free) 847.795.0777 (Local) Customer Service Email. Heading (Slider. SPRINGFIELD — Kentucky-based Churchill Downs Inc. Completed its $326 million acquisition of a majority stake in Rivers Casino in Des Plaines despite state gambling regulators concerns that the new.

  • Owner and operator Rush Street Gaming also owns Rivers Casino locations in Pittsburgh; Schenectady, New York and Des Plaines, Illinois. Rush Street Gaming opened the BetRivers.com sportsbook-style.
  • SPRINGFIELD — Kentucky-based Churchill Downs Inc. Completed its $326 million acquisition of a majority stake in Rivers Casino in Des Plaines despite state gambling regulators concerns that the new ownership group does not include enough women and minorities.

Carstanjen did say on the earnings call that Churchill would apply to add gambling beyond horse-wagering at Arlington by the end of August.

Rivers Casino Des Plaines Ownership Information

Churchill, which owns 61 percent of Rivers Casino, has become a gambling giant in addition to operating racing venues and sponsoring the Kentucky Derby. [Crain’s] — Katherine Kallergis