A Chicago-based firm, Rush Street Interactive, has become the first in the US to let punters bet real money on the outcome of virtual sports events. A subsidiary of online gambling site PlaySugarHouse.com, Rush Street will let enthusiasts bet online on the outcome of virtual computer-generated sporting “events” including football games, horse race and vehicle racing.
Inspired Entertainment, a technology firm that offers virtual sports, has created the product. It relies on random number generation technology to select a winner in each game. The product employs the same technology that exists in some Nevada casinos and also used throughout Europe, although this is the first time it will be offered over the internet in the US.
Richard Schwartz, President of Rush Street Interactive, expressed excitement over the move saying they are excited to lead the way in bringing online virtual sports betting to the United States. He added that addition of virtual sports betting events to our mix of online games is one of the ways the company plans to offers aficionados a wide range of the most entertaining and innovative games in the industry.
According to Schwartz, soccer is the first virtual team game to be offered, but others games will be added soon. Schwartz is positive that virtual computer-generated sporting bets will help to boost sportsbook revenue.
At present, gamblers can only legally bet on real-life sports events in the state of Nevada. New Jersey is currently involved in a case that could see the market open up to more states. The US Supreme Court will hear New Jersey’s plea to legalize sports betting next month amid support from more than handful professional sports leagues and lobby groups.
The firm plans to keep the games in place even if the real-world sports betting gets approved in the U.S.