Players can now place a $4 max bet, they can win up to $1199 on just one hand, and coming soon, progressive. 6% of total video games and esports revenue. 8512% must also be split between. Supplier and Manufacturer License. The reason being the tax rate imposed on video gaming net terminal income was increased on July 1. The issue of a moratorium on video gaming in unincorporated areas of the county even equally split the Lake County Board, with nine. The Illinois Gambling Act was enacted on June 28, 2019. Il gambling laws encourage video gaming establishments to growth their business with Wisconsin slot machinery revenue. revenue to the video gaming location; or ii) within 60 days. News & Analysis Problem Gambling Funding Bills Face Difficult Legislative Process Following the rapid expansion of sports betting and online gaming in the U. Done in collaboration with Spring 2021 Data Visualization Course, School of Art and Design, Northern Illinois University, Nestor Alvarez . 03 billion that was bet on sports in Illinois in. The operator (Abraham Gaming) covers all capital costs (the video game terminals), and profits after taxes are split evenly between the operator and the host (your business). 5% community investment obligation. A person may not sell, distribute, or lease or market a video gaming terminal in Illinois unless the person has a valid distributor's license issued under this Act. Annual state gaming license is $100. State of Illinois tax share receives 25%. 5%. The top five video gambling operators control nearly 50% of the market, reaping nearly $1 billion in revenue between 2012 and 2018, according to an analysis of gaming board data. the integrity of Illinois video gaming. 249 billion for operators during the 16-month period beginning on Feb. Page 31 Empress Casino – Joliet,. Illinois’ Video Gaming Act authorized the placement of up to 5 video gaming terminals in licensed retail establishments, fraternal and veteran’s establishments with a liquor license, where permitted by local ordinance. Statistics from the Illinois Gaming Board show people in Decatur spent over $175 million on gaming in the. Video Gaming License Fee: $1000. The State receives 29% of the NTI generated from each licensed VGT (of that, 5% goes to the local municipality). Watch the latest video reports from the Illinois Gaming Board, covering topics such as casino operations, video gaming revenue, sports wagering and more. io allows developers to set their own split, with a default cut of 10%. The gaming market’s worth is predicted to reach $545. The revenue split between Location and Terminal Operator and Location will remain the same, however. Past research has found that while gambling expenditures are positively correlated with income, they are also regressive in that, as a proportion of individual income, they are negatively correlated with income. gov at the time the application is submitted. The remainder is deposited into the Capital Projects Fund to cover costs related to the state's 2009 capital plan. 22 billion. The remainder is deposited into the Capital Projects Fund to cover costs related to the state's 2009 capital plan. Patrons in McHenry County spend $294M on video gaming Revenue source benefits economy. These establishments may have up to 5 state regulated gaming machines. How many video gaming terminals will be allowed. Video gaming revenue declined by about 23% to $1. In terms of annual revenue, the video gaming market in the U. Of the revenue generated in May, $544,234 goes to. 15% to the venue and terminal operators; • 29% to the state; • 5% to the municipality or county where the video gaming terminal is located; and, • 0. The net effect: People in Illinois gambled a lot more, but most of the additional money ended up in the coffers of the companies behind video gambling. terminals or video gaming terminals, in Illinois, Louisiana, Montana, Nevada, Oregon, Pennsylvania, South Dakota and West Virginia. This. The tax revenue will continue to contribute to the State’s Capital Projects Fund. 7276%. 9Forty-five south-suburban municipalities have collected nearly $7 million in local taxes from video gaming over the past year, with local receipts ranging from $866,082 for Oak Lawn to $1,398 for. News Section. 6% compared to the $1. Accel Entertainment provides the latest slot machines in the Illinois video gaming industry and will optimize machine. i EXECUTIVE SUMMARY This report is the Commission’s 2022 edition of Wagering in Illinois. Some of the money goes back to the players who win. 5 percent. and the final third is split between. Gold Rush Files Countersuit in Illinois Case, Alleges Conspiracy by Gaming Cafés and Rival Vendor. By the end of FY 2014 (June 2014), 17,467 video gaming terminals have become operational across Illinois – up from the 7,920 terminals that were in operation in June 2013. revenue, with about 65% of the proceeds split between those two. 5 million represented a 9. REVENUE POTENTIAL; Marketing; CONTACT; Sales: 815. Twenty cities with 20,000 people, including Chicago, do not allow video gaming terminals. Video Gaming Applications & Forms. 0. Revoked Licenses. 4 million for April, a 15. What type of fees do I have to pay for Illinois video gaming? One-time Application fee to the Illinois Gaming Board is $100. The competitive . We use a difference-in-differences strategy that adjusts for staggered adoption to isolate the causal effect of VGTs on. (c) Terminal operator. PDF CSV. The bill would hike the state’s 30%. 7 AGR of Illinois Casinos vs NTI of Illinois Video Gaming Machines 50 8 AGR of IL and IN Casinos vs NTI of Terminals in Chicago Area 52. 7 million in revenue after winnings were paid out in May, about 9% less than than the $5. The gaming market is estimated at $245. Get gaming in your establishment the right way. Illinois News. The Video Gaming Act has outlined revenue distribution in this way: Net Terminal Income (NTI) is defined as the money put into a VGT minus the credits paid. November 6, 2023. 6 billion. The IGB Administrator serves as the agency's chief executive and directs daily. i EXECUTIVE SUMMARY . The Video Gaming Act has outlined revenue distribution in this way: Net Terminal Income (NTI) is defined as the money put into a VGT minus the credits paid to the player. For these streamers still on these premium deals, we’re adjusting the deal so that they retain their 70/30 revenue share split for the first $100K earned through subscription revenue. The Prairie State is home to various gaming vendors and commercial. In 2021, the video gaming market size in the U. The state’s share of tax revenue fell by $56 million to about $342 million, despite increasing the video gaming tax rate from 30% to. The VGTs are all connected to and monitored by a Central Communications System. 230 ILCS 10/5(b), 40/78. Based on a projected daily income of $70 to $90 per machine, new video gaming receipts would total $3. However, video gaming is now a close second source of revenue, with $762 million being collected in FY2022. 491. Share. Tax Types Tax Rates Fees Bingo Tax and License Fees 5 percent of gross proceeds Regular License $200 for one year Limited License $50 for one year Premise Provider. 07435% goes to the Location, the same amount goes to the TO, 33% goes to the State and municipality and 0. The Illinois Video Gaming Act was enacted at this time and allows the use of Illinois slot machines in liquor-pouring establishments and truck stops. A $43 million local industry, to be exact. B. (b) Distributor. As a result, the total tax revenue for the month was $21 million. In 2022, 41. We’re dedicated to making your gaming venture easy. Any electronic video game machine that, upon insertion of cash, is available to play or simulate the play of a video game, including but not limited to, video poker, line up and blackjack, as authorized by the Board utilizing a video display and microprocessors in which the player may receive free games or credits that can be. Licensed establishments may offer up to 6 Video Gaming Terminals, except that a new establishment license category is established for large. Video gambling is taxed at a flat rate of 30 percent regardless of how much the industry makes. May 18, 2021. Terminal Operator (Abraham Gaming) receives 34. Pritzker's plan to raise taxes on revenue from video-gaming terminals, which currently stand at 30 percent. Locally, video gaming exists in Lansing and Calumet City. The operation of video gambling terminals (VGTs) in Illinois has been increasing since they were legalized in 2009, then implemented in 2012. On October 28, 2021, the Illinois House of Representatives voted to pass House Bill 3136 (“HB3136” or the “Bill”) which changes the. Illinois video gambling put $786 million into the state’s coffers in 2022 and $135. The tax on gaming establishment revenue has gone up from 30% to 33%. 8 million. Illinois gambling laws encourage video gaming establishments to grow their business with Illinois slot machine revenue. To inspect the ordinance for detailed regulations or view the fee determination, click on the related ordinance link. The numbers were released today by the Illinois Gaming Board. Source: IGB Monthly Revenue Reports. 9% increase from the $105. Updated 9/28/2022 11:37 AM. 7 million generated in March. Slot machines continue a 2023 hot streak. The annual video gaming terminal fee is to be paid to the City on or beforeBetween 2013 and 2017, state revenue from casinos in Illinois declined 15%, from $462 million to $393 million, as income from video gambling machines grew nearly 900%, from $30 million to $300. Scientific games receives . Gaming Win by Jurisdiction Page 19 Video Gaming Revenue Page 20 Alton Gaming Company Page 22 Par-A-Dice Gaming Corporation Page 25 Page 28 The Rock Island Boatworks, Inc. 2 million generated in April. Still, it’s a figure less than officials had bet on two-a-half years ago, in June 2019, when a major gambling expansion law authorized six. July 17, 2023. 6 billion was wagered on VGTs in December. The law upped the state’s take of video gaming revenue to 34% — with 5% set aside for municipalities and the rest going toward a state fund for capital projects. If we look at a snapshot of things year. If each establishment had the allo If each establishment had the allotted 5 video gaming machines, a potential of 75,000 video gaming machines75,000 video gaming machines could. Section 1800. Enjoy your favorite Las Vegas style games, codeta casino online with real money review monthly. i . Minimum requirements for licensing and registration. 57435%. 3% from $1. PC video gaming software sales revenue worldwide from 2008 to 2025, by category (in million U. There are nearly 24,000 video gaming machines in Illinois, and the amount played over the last few years is in the billions of dollars -- with a b. While being just above Louisiana, Illinois’ tax on video gaming remains well below those in effect in Oregon, Pennsylvania, South Dakota, and West Virginia, all of which have rates of 50% or higher. If enacted, Illinois will increase its gaming positions to approximately 39,000, excluding video gaming. 9 million every day. The remaining two-thirds is split between establishments and terminal operators. Under the Illinois Video Gaming Act passed in 2012, the operators must split their proceeds evenly with the local businesses. The Video Gaming Act (230 ILCS 40) is available online on the Illinois General Assembly website. Oak Lawn invented the push tax because it was upset that it wasn’t getting a proper cut of VGT revenue. Doug. A person may not sell, distribute, or lease or market a video gaming terminal in Illinois unless the person has a valid distributor's license issued under this Act. Your terminal operator cannot pay you more than this amount. 5% for all VGTs at retailers, the lowest report win% every for Illinois. While state-mandated restrictions – such as the statewide shutdown of video gaming terminals and casinos experienced from March 16 to June 30, 2020, or the current Tier 3 mitigation measures implemented on November 20, 2020 – are devastating to all tiers in the industry, we can find comfort in. According to the complaint, the expansion would create a spot. Location owners in Illinois are earning an additional $121,000. The Illinois Slot Machines Revenue is Split Between: State of Illinois: 29%. Denied Applicants. 888-862-2235 (Sales) 888-972-2235 (24/7 Service) Video gaming currently represents about 41% of wagering revenue, while lottery makes up nearly 44%. Blackjack is a gaming company in the State of Illinois that caters to a wide range of gaming equipment. Get Your FREE Guide Revealing…. The operator (Abraham Gaming) covers all capital costs (the video game terminals), and profits after taxes are split evenly between the operator and the host (your business). By the end of last year, there were more than 13,000 terminals in the state. Jobs Supported 25,784. The NTI for that period is $6. However, municipalities’ cut was 5% then and remains 5% now. According to data from the Illinois Gaming Board (IGB), total adjusted gross receipts for February totaled $115,016,246. Section 1800. The Illinois Video Gaming Act was. we can reasonably compare it to the Illinois video gaming market. That would mean a change to the city's current fee structure: Bars and gaming companies split a $500 fee, but onl…This guide details: How Video Gaming Terminal (VGTs) work. If you’re interested in. Video Gaming Related Charts: 4 Video Gaming Terminals in Operation in Illinois 37 5 Net Terminal Income Collected from Video Gaming Terminals 39 6 Tax Revenue Collected from Video Gaming. revenue, with about 65% of the proceeds split between those two. VGTs is split up as follows (and illustrated in the following chart): Establishment (35%), VGT Operator (35%), State Tax (25%), and Municipal Tax (5%). 20, 2021. i EXECUTIVE SUMMARY . Video Gaming in Illinois Page 7 Riverboat Year in Review 2018 Page 8 Video Gaming Year in Review 2018 Page 12. Nick Jaworskyj, tech supervisor at Awesome Hand Gaming, sets. The law upped the state’s take of video gaming revenue to 34% — with 5% set aside for municipalities and the rest going toward a state fund for capital projects. (Chris Sweda / Chicago Tribune) It’s illegal in Illinois for operators to own both a video gambling cafe and the. - Video Gaming Act Illinois Department of Revenue Responsibility Money collected from. implementing and enforcing the Illinois Video Gaming Act, 230 ILCS 40/1 et seq. 0338; 24/7 Service; NEW TO GAMING? Prompt. Again, use the information on those forms to report your sports gambling winnings to the IRS and the state. Learn more about the Illinois video gaming market and how Accel Entertainment can help your Illinois establishment profit through slot machines. The rest. The average location in the state of Illinois makes $212,133 annually from video gaming *Based on the 2022 Illinois Gaming Board annual revenue report. 6 million in net terminal income in 2019. US Legal Forms is the industry leader in affordable access to state-specific form templates. The current tax rate imposed on video gaming terminals’ (“VGTs”) net terminal income is 30%. 7 billion in commercial gambling revenue in 2021 alone. The Future of Illinois Gaming Companies. Get in touch with us now. IGB. Get to Know Illinois Video Gaming Act of 2021. 37 million in profits. Prompt. S. TheUnlike Loves Park, Illinois' gaming recovery is slow as the Commission on Government Forecasting and Accountability reports the state lost nearly $200 million in revenue during fiscal year 2020. Oak Lawn Trustee Paul Mallo told The Patch. 5 million in tax revenue. REVENUE POTENTIAL; Marketing; CONTACT; Sales: 815. , and NAPERVILLE, Ill. Currently, a location receives 45% of the revenue from each machine. The excellent February is an 18% year-over-year increase from February 2022. Gambling revenues in Illinois during the last fiscal year hit an all-time high for the state, according to the latest data, with almost $1. In six years, the number of Illinois communities banning video gaming has fallen from 63 percent to 36 percent. 2 Be it enacted by the People of the State of Illinois, 3: represented in the General Assembly: 4 Section 5. BUFFALO, N. Total bets at the seven Illinois online sportsbooks have exceeded $1 billion in five of the last nine months. Regular License. 21 Apr, 2021, 14:18 ET. The state of Illinois is seeing a shift in gaming revenues as more licensed gaming establishments add video gaming terminals (VGTs) to their locations and casinos lose their relative market dominance. Increased Taxes. Today, more than 8,000 licensed video gaming locations operate over 43,000 VGTs across the State – comprising the largest video gaming network of its kind in the world. casinos. 15% to the venue and terminal operators; • 29% to the state; • 5% to the municipality or county where the video gaming terminal is located; and, • 0. Illinois: Multiple, mobile and retail: 15%: Indiana: Multiple, mobile and retail: 9. Charitable Games Tax and License Fees. The Administrator concluded by stating that the combined (video gaming, sports wagering and casino) gaming industry total tax revenue for January 1 through December 31, 2021 (exclusive of December sports wagering amounts) is approximately $1. Illinois’ tax. Electronic Arts (EA) net bookings as of Q2 2024, by platform; Share of households using consoles to play video games in New Zealand 2013-2021; WeMade sales revenue worldwide 2015-2022The rest is split evenly between the businesses hosting the gambling and machine operators. Self-exclusion: The Illinois Gaming Board operates a state-wide voluntary self-exclusion program for problem. The Illinois Gaming Board (IGB) reported casino revenue totaling $114. There is a 15% tax rate if you earn $600 or more betting on sports in Illinois. 595 Temporary Identification Badge. Fruchter • Administrator 801 South 7th Street ♠ Suite 400 South ♣ Springfield, Illinois 62703 tel 217/524-0226 fax 217/524-0228 March 1, 2022 Governor JB Pritzker Members of the Illinois General Assembly Greetings, On behalf of the Illinois. A report produced by one of the game providers the IGB recognizes, Accel Entertainment, says that VGT operators in IL generated over $145. In 2022, social and casual gaming revenue in the U. These fees vary by Municipality. Illinois’ Gaming Board lists 83 different sites hosting Illinois slot and video poker games, 433 of them in total. 85% to the Illinois Gaming Board Video gaming revenues have proven critical for local communities to be able to Monthly player win% at Illinois VGTs, 2012-2022 [Illinois Slots Return-To-Player] In April 2022, the statewide average player win percentage was 91. This report wasThe village brought in $683,802 in video gaming revenue through November this year, according to the Illinois Gaming Board’s most recent revenue report. Basic economic principles dictate that gambling. 22. 18 Miscellaneous Gaming Revenue in Illinois 91 . However, municipalities’ cut was 5% then and remains 5% now. " " Even if the administrative fees had met projections, regulating video gambling has turned out to cost far. The audit of the accompanying financial statements of the Illinois Gaming Board’s State Gaming Fund of the State of Illinois was performed by BKD, LLP. machines an “unintended consequence” of Illinois’ video gaming. The state received $21 million in tax receipts from casino gaming in April and has collected more. It is comprised of a 15% state gaming tax and a 2. Most notably, it authorized Illinois sports betting, the addition of six land-based casinos in the state (including a major site in Chicago) and an increase in the number of video gaming terminals. S. 0 million - 2020 tax revenue: $350. All license fees are paid annually as part of the establishment's business license renewal. Get the templates for Illinois Providing facilities for game shows that you require using a user-interface built for simplicity and organization. The bill requires the State to its split revenue from gaming expansion into highway spending and new grants for the State Board of Education. Illinois Gaming Board administrator Marcus Fruchter filed the third complaint against video gambling terminal company Lucky Lincoln Gaming on May 12. As of February, there were more than 45,100 video gambling terminals across more than 8,200 venues throughout. According to the latest figures from the Illinois Gaming Board, from January through October, Illinois has raked in more than $1 billion in gambling revenue from video gaming, sports wagering and casinos. If an entity that has been doing business in Illinois for 48 months prior to July 13, 2009 forms a subsidiary to conduct its video gaming business in Illinois (and would therefore be the Applicant for licensure), would that subsidiary meet the residency requirement (i. As a result, the state received $717. In addition, gambling laws allow for a total of 10 Illinois slot. By the end of 2015, there will be approximately 20,730 gaming terminals. More Illinois communities have turned to video gambling machines as a way to generate revenue. 4 million, data from the Illinois Gaming Board shows. 3% annual increase. 1 billion, representing 68. 3%, the decline in video gaming tax revenue was not as severe at -27. Number of Casinos 31. Lottery revenue increased 4. Video gambling is taxed at a flat rate of 30 percent regardless of how much the industry makes. Earlier this year, the Illinois Gaming Board (IGB) implemented Administrative Rule 350. Education Assistance Fund. 888-862-2235 (Sales) 888-972-2235 (24/7 Service)As route gaming has expanded across the state of Illinois, more and more municipalities have begun to reexamine local ordinances in an effort to take advantage of the benefits gaming brings to local businesses and their communities. Illinois RTP is at an all-time low spanning the last decade. The number of video terminals. If we look at a snapshot of things year. Overall, the state’s 11 venues generated $1. News. provides the latest slot machines in the Illinois video gaming industry and will optimize machine selection for maximum revenue. Increased Taxes The new gaming legislation led to changes in taxes that are imposed on licensees. 9% improvement on March’s total of $105. Board members are tasked with, among other things, reviewing applications for gaming licenses and making approval determinations, as well as renewing and revoking current licenses when appropriate. Posted on: June 21, 2023, 04:34h. AN ORDINANCE PERTAINING TO THE LICENSING AND REGULATION OF VIDEO GAMING FOR THE CITY OF CREST HILL WHEREAS, the City of Crest Hill, Will County, Illinois is a non-home rule unit of government; and WHEREAS, the Illinois Video Gaming Act (“VGA”), 230 ILCS 40/1, et seq. epaper readThe $226 billion of total app revenue for games is roughly evenly split between ad revenue ($116 billion) and app store revenue ($110 billion). There are many similarities between the Georgia COAM market and the Illinois video gaming market. When COVID-19 pulled the plug on Illinois gambling, it took away a reliable source of money for municipalities. According to Market Watch “the global Video Gaming Terminals (VGT) market reached a value of USD $845. You can easily find out revenue information on the Illinois Gaming Board website for your slot machine location, as well as the municipality and statewide data. The report said: “State designated tax revenues from overall gaming in Illinois fell 11. The top five video gambling operators control nearly 50% of the market, reaping nearly $1 billion in revenue between 2012 and 2018, according to an analysis of gaming board data. [Online]. TruckStop@illinois. 3 million generated in January and February combined across the state’s 11 venues. The revenue split between Location and Terminal Operator and Location will remain the same, however. Illinois; Indiana; Missouri; Nebraska; Near Carolyn; Pennsylvania; Amusement Locations. 10 billion in 2023, growing at a CAGR of 8. (230 ILCS 40/15) Sec. Municipalities with the machines brought home a share of $135. Learn more. The study, released in November 2022, estimates that more than $4 billion in taxes are lost each year in the United States. 9, there were 28,582 video gaming terminals at 6,403 locations throughout the state, the Illinois Gaming Board reports. 6% in. 1. Some municipalities may impose a “permit fee” for each Video Gaming Terminal (“VGT”) (Slot Machine) or for your establishment in general. Additionally, beginning on. Nothing Outsourced. Video gaming at Illinois State Fairs. Casino revenue in the state of Illinois reached nine figures in March for the first time in 2022, as its 11 venues combined to generate more than $119 million in adjusted operator revenue, according to figures released by the Illinois Gaming Board. Video game industry revenue growth should continue through 2022 at least, researchers say, when video games are projected to bring in a. It is comprised of a 15% state gaming tax and a 2. 6. Our page covers the latest updates on regulations, legislation, and industry trends in the state. $15,000 for three years. Amends Section 65 to restrict a non-home rule unit of government from imposing any fee for the operation of a Video Gaming Terminal in excess of $250 (previously $25) per year. Nothing Outsourced. Lacking the anticipated revenue from video gaming, Trudy’s Café could not afford to keep the Midlothian and Sauk Village establishments open and had to shut. Local Municipality: 5%. 18 Miscellaneous Gaming Revenue in Illinois 96 CONCLUSION 97. The dwindling casino numbers started to take form in 2012 as video gaming machines and sports betting facilities began to pop up in more spots across the state. 570 Renewal of License. For context, Illinois’ general funds revenue in fiscal year 2015 totaled $36. The state’s cut was previously 25%, but was raised to 29% in 2020 following the signing of an omnibus gaming. Nothing Outsourced. SPRINGFIELD — If the state of Illinois wants more revenue from video gaming, one gaming industry executive said Thursday, lawmakers should loo… Decatur collected $6 million from video gambling. Does Illinois charge sales tax on digital downloads? Sales of custom software – downloaded are exempt from the sales tax in Illinois. A fee of $500. Illinois passed the Video Gaming Act in 2009, enabling individual municipalities to allow VGTs. Issue 1: Most states tax adjusted casino revenue and use the taxes to fund state and local programs. This report is the Commission’s 202 3 edition of Wagering in Illinois. Commission on Government Forecasting and Accountability - Home PageNovember 5, 2020. Public Act 96-0034 became law, legalizing video gaming in Illinois. Two or more spins with the same result are called a streak Do not use excessive emojis, the promotions come daily. Illinois could have two. Section 1800. Updated 08/14/2007. Only New York did better with more than $139 million. Economic Impact $6. B. The revenue split is specifically dictated by the Video Gaming Act. In. From there, it would depend on how much the revenue is taxed. 36 billion for fiscal year 2021, which ended June 30, up 11% from the previous year, according to an annual wagering report. How is video gaming revenue split in Illinois? Is Illinois a gambling state? How many gaming machines are in Illinois? What is video gaming in Illinois?Gaming revenue growth significantly slowed down in 2022 (+6%) compared to 2021 (+33%). How a Terminal Operator assists in the. 1 million despite Hard Rock opening its temporary venue in Rockford,. 6 Tax Revenue Collected from Video Gaming Terminals 43 7 AGR of Illinois Casinos vs NTI of Illinois Video Gaming Machines 50 8 AGR of IL and IN Casinos vs NTI of Terminals in Chicago Area 52 9 AGR of IL and IN Casinos vs NTI of Terminals in Chicago Area (Stacked) 52 10 Tax Revenue from Casinos and Video Gaming in Illinois 54 LOTTERY 57 The quiet engine of Illinois gaming revenue, video gaming terminals (VGTs), also sputtered out of the gate to start the new year in comparison to the close of 2021. With J&J Gaming, our video slot and Illinois gaming system technicians are available 24 hours a day, 7 days a week, 365 days a year, and respond to all service calls within one hour. The single largest gaming revenue source was the Lottery, which generated $833 million, 44. And a provision appears in both the Illinois Gambling Act and Video Gaming Act. The Illinois Gaming Board is the state regulatory and law enforcement agency that regulates all aspects of casino gambling, video gaming, and sports wagering in Illinois. For fiscal year 2019, which ended June 30, video gaming revenue topped $1. 35 billion in operator revenue in 2022, an increase of 13. Location License Web Application (for help, see the Location Application FAQs ) Truck Stop and Large Truck Stop Affidavit. Illinois Gaming Board - Video Reports. The complaint alleges that the company illegally paid over $21,000 to build an addition to a restaurant in a Chicago suburb in 2020. “Ever since its inception, video gaming in Illinois has been on an upward. Illinois’ tax. 7% in FY 2020 to $1. Net Terminal Income (NTI) is defined as all monies. Check it out for yourself at the Illinois Gaming Board Video Gaming Revenue Reports page. As of July 2020, the tax on video gaming revenue is 34%, with 5% set aside for municipalities and the rest going toward a state fund for capital projects. commercial gaming revenue reached an annual record of $60. Learn more about the Illinois video gaming market and how Accel Entertainment can help your Illinois establishment profit through slot machines. Licensed locations generate over $72,000* in additional revenue each year, on average! Plus, video gaming adds an additional amenity to your patrons! *igb. 19 Video Gaming Statistics by County Ranking 42 20 Top Municipalities with Video Gaming 43 21 Highest Populated Cities without Video Gaming 45 Video Gaming Related Charts: 4 Video Gaming Terminals in Operation in Illinois 37 5 Net Terminal Income Collected from Video Gaming Terminals 39 6 Tax Revenue Collected from Video Gaming Terminals 39 Illinois Policy confirmed that “ [VGTs] have nearly doubled from $395 million in revenue during 2019 to $762 million in 2022. - Video Gaming Act. PDF CSV. 2150 New Section 1800. Nearly two years later, with no ruling yet, he’s still in business. 590 Death and Change of Ownership of Video Gaming Licensee. For the most part, the increase in gaming machines and in revenue across the state has been steady. Illinois gambling tax revenue fell 13. 2110 New Section 1800. 7 million in VGT gaming taxes in 2021. A patron plays a video gaming machine at Coz's Pizza in Mount Zion. 5 percent of gaming revenues in the leading gaming markets in Europe were. 19 Video Gaming Statistics by County Ranking 42 20 Top Municipalities with Video Gaming 43 21 Highest Populated Municipalities without Video Gaming 45 .