Rush Street Gaming: 

Crain’s Chicago Business weighs in on the current gambling landscape in Illinois. Is there new revenue to be had if daily fantasy sports are regulated? 

“Rush Street Gaming CEO Greg Carlin, who runs Rivers Casino in Des Plaines, doesn’t fear the competition from daily fantasy betting. Instead, he sees it as a step toward broader legalization of sports betting—something he would love to offer at the state’s most lucrative riverboat casino. “If they legalize daily fantasy sports in Illinois, they should legalize Internet gaming,” he says.

Carlin says he’s unsure whether he would want to incorporate daily fantasy into his casino’s offering if it were allowed. For now, he’s imploring lawmakers to level the playing field with companies like FanDuel and DraftKings. Daily fantasy “is untaxed, unlicensed, unregulated gambling,” he says. “They should be subject to the same rules and regulations and taxes that we’re subject to.”

Aside from extensive licensing and auditing, casinos in Illinois send the state an average of roughly 33 percent of their adjusted gross receipts—their take after paying out winners—and pay a $3 tax for every casino admission.”

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Crain’s Chicago Business, “Is there a state jackpot in daily fantasy sports?” January 16, 2016