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In a recent note, they observed that online casino revenue in the United States in the six states mentioned above has hit a plateau. But they believe it¡¯s merely a pause, as evidenced by the words of Rush Street Interactive CEO Richard Schwartz, who, during the company¡¯s most recent earnings call, said, ¡°All of our peers, whether it¡¯s large land-based casinos or sportsbook-first DFS companies, they are all aligned around funding, not just supporting verbally, but really putting some money to work to lobby for iGaming legislation for the first time really in the history of this industry in the U.S. market.¡±

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The project is under construction, with a temporary casino planning to open in a former Bloomingdales store at 600 Wabash Ave. by the middle of next year while construction on the overall development continues through its scheduled completion date in 2026. The Wabash site currently is the vacant Medinah Temple.

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