The Illinois Gaming Board (IGB) releases a thorough sports betting revenue report every month,. 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. Get the templates for Illinois Providing facilities for game shows that you require using a user-interface built for simplicity and organization. While video gaming’s total net terminal income levels were down 32. As a result, the state received $717. Doug. 110, any applicant to become a licensed video gaming location, any person who the terminal operator has reason to believe may apply to become a licensed video gaming location, and including the video gaming location's owners, employees, agents. 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. Revenue on slot machines in barsAs of Feb. Increased Taxes. S. New legislation allows licensed, designated “large truck stops” to have up to ten VGTs. Permit Fee by Municipality. Limited License. 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. Only New York did better with more than $139 million. The Illinois online sports betting market consistently ranks as the second biggest in the United States and we have the numbers to back that up. All location data is as of Dec. The easiest way to understand gambling in Illinois is that all gambling is illegal unless specifically allowed by the Criminal Code. A patron plays a video gaming machine at Coz's Pizza in Mount Zion. Video gaming machines have been popping up in Illinois bars and restaurants for nearly four years. 16 Illinois Video Gaming Statistics by Fiscal Year 38 17 Video Gaming Statistics by Illinois County 40 18 Video Gaming Statistics per County Population 41. 4% in FY 2020 due to pandemic shutdown, with casino revenue the hardest hit, according to the state. $500 for one year. 9 million to each government for the. Stay informed and updated on the state of gaming in Illinois. Davidsmeyer SENATE HOUSE Omar Aquino Amy Elik Darren Bailey16 Illinois Video Gaming Statistics by Fiscal Year 36 17 Video Gaming Statistics by Illinois County 39 18 Video Gaming Statistics per County Population 40. show more . In September, these VGTs generated a Net Terminal Income (NTI) of over $236. $500 for one year. At Stoney’s Restaurant at Voorhees and Collett streets, Michelle Tabels also is ready to see video gaming revenue again. Further, the IGB provides monthly return statistics for Video Gaming. Gaming providing economic value for Illinois. 0. 18 Miscellaneous Gaming Revenue in Illinois 91 . The new gaming legislation led to changes in taxes that are imposed on licensees. 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. 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. It will still be a 50/50 split of the balance. In 2022, gamblers wagered roughly $10. Data shows that in 2022, video gaming terminals across the area nearly doubled in revenue from $395 million in 2019 to $762 million in 2022. Bingo Tax & License Fees. If your video slot machines malfunction, this may impact the Illinois gaming revenue that your bar or restaurant earns for the month. Currently, a location receives 45% of the revenue from each machine. over the last five years, lawmakers in several states have introduced bills during the 2023 legislative sessions that are designed to increase awareness as well as funding for. The Illinois Gaming Board submitted this report to the General Assembly on March 30, 2023 that detailed the effect of removing non-cashable vouchers, coupons, and electronic promotions from the AGR calculation on net gaming revenues to the State in calendar years 2020 through 2022, the increase or reduction in wagerers as a result of removing non. This. Revenues to state coffers rose from $638 million to $786 million. What We Strive For. 9 billion, the industry paid about $819 million in taxes, a rate of 42 percent. No. 2150 New Section 1800. But history shows a big rebound when those services reopen. 4 billion in 2022, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. 6 billion was wagered on VGTs in December. 2 million generated in April. Data released by the Illinois Gaming Board reveals the state generated over $1. The justification for levying a gross gaming revenue tax on sports betting operators could be appropriate were it in lieu of the corporate income taxA corporate income tax. 6 billion was played on Illinois video gaming machines from January 2012 to March 2019. July 17, 2023. 0 billion set in 2021. In 2019, new gaming legislation increased the state’s VGT revenue split from 25% to 29%. 2 Be it enacted by the People of the State of Illinois, 3: represented in the General Assembly: 4 Section 5. November 6, 2023. On October 28, 2021, the Illinois House of Representatives voted to pass House Bill 3136 (“HB3136” or the “Bill”) which changes the. video gambling revenue is split four ways: 35 percent. logo. (The completed affidavit must be emailed to IGB. 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. In 2007, when casino revenue peaked at $1. That beat the previous. 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. 7 billion in commercial gambling revenue in 2021 alone. Through the end of June, that’s meant more than $1. 94%. Denied Renewal Applicants. This editionThe 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. Video gaming terminals must be located in an area restricted to persons over 21 years of age, with entrance to the area within view of at least one employee over 21 years of age. 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. Access information about monthly revenue data for Video Gaming statewide, by municipality, or establishment. He is an Adjunct Professor ofMATTOON — Five years after the first legalized video gaming machine went online, Illinois now has one terminal for every 481 residents -- a ratio so big, so unexpected thatIn October, Pekin officials approved an update to the city code, assessing a fee of 2. 35 billion in operator revenue in 2022, an increase of 13. Video gaming revenue declined by about 23% to $1. From January 2012 to March 2019, state gaming board data shows, $77. SPRINGFIELD — If the state of Illinois wants more revenue from video gaming, one gaming industry executive said Thursday, lawmakers should loosen betting restrictions rather than raise video. The Illinois Gaming Board reported casino revenue of nearly $104 million and video gaming terminal revenue of $205. Illinois and Mississippi have a graduated tax schedule. Get Your FREE Guide Revealing…. 2 billion and $1. IGB. 00 per terminal. " "The Video Gaming Act fails to provide enough money to cover the regulatory costs. 6362%. VIDEO GAMING REVENUES: The Illinois Gaming Board provides detailed revenue information for the municipalities os. The story behind the push tax in Illinois. 36 billion for fiscal year 2021, which ended June 30, up 11% from the previous year, according to an annual wagering report. Under state law, establishments and terminal operators must equally split 67 percent of a machine’s profits, while the remaining one-third goes to state and local taxes. $50 for one year. In August 2023, the retail gaming revenue in the United States amounted to 4. 6 billion in. Currently, there are ten casinos operating throughout the State of Illinois. Of the remaining 66% of NTI, a company called Light & Wonder. The Evolution of Gaming: From Pong to Next-Gen Consoles. Section 1800. Education; Politics and Government. What. According to the Illinois Gaming Board, the total amount played at video gaming terminals in calendar year 2022 was $31 billion, with players winning approximately $29 billion. Learn more about the Illinois video gaming market and how Accel Entertainment can help your Illinois establishment profit through slot machines. Whether for charitable fundraising purposes or simply gambling revenue, Illinois law covers all revenue streams created by games of chance. The new gaming legislation led to changes in taxes that are imposed on licensees. PDF CSV. “More and more local governments searching for additional revenues are turning to video gaming as a new revenue source,” state lawmakers wrote in their “Wagering in Illinois: 2019 Update” report. 2 billion for the cash-starved state and another $250 million for cities and villages that have allowed video gambling, according to gaming. This could bring the total number of video gaming machines in the state to more than 7,000. Readily Available. 8% to $814. 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. 10 billion in 2023, growing at a CAGR of 8. 2 Be it enacted by the People of the State of Illinois, 3: represented in the General Assembly: 4 Section 5. Illinois’ tax. 57435%. C. 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. ILLINOIS GAMING BOARD NOTICE OF ADOPTED AMENDMENTS 1) Heading of the Part: Video Gaming (General) 2) Code Citation: 11 Ill. D. 50%: Iowa: Multiple, mobile and retail: 6. we can reasonably compare it to the Illinois video gaming market. In 2022, gamblers wagered roughly $10. 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%. A history of video gaming statistics since its inception in 2012 is shown in the following table. Illinois has passed significant gaming expansion legislation. Illinois’ tax. 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. This report wasThe new gaming law slightly raised taxes on gross video gaming revenue to 33% this fiscal year and 34% starting this summer, still well below several other states that tax video gaming profits at. 7. Nothing Outsourced. Watch the latest video reports from the Illinois Gaming Board, covering topics such as casino operations, video gaming revenue, sports wagering and more. Tournament, Tournaments & Promotions. This new rule brings welcome definition and clarity to what constitutes an inducement in the video gaming industry. The gambling opportunities here are not as abundant as those in states like Nevada, but this hardly impedes the growth of the local industry. If we look at a snapshot of things year. Share of video gaming revenues in Western Europe 2022, by source. i EXECUTIVE SUMMARY This report is the Commission’s 2022 edition of Wagering in Illinois. Page 31 Empress Casino – Joliet,. However, municipalities’ cut was 5% then and remains 5% now. Video game industry revenue growth should continue through 2022 at least, researchers say, when video games are projected to bring in a. 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. If you’re interested in. The complaint alleges that the company illegally paid over $21,000 to build an addition to a restaurant in a Chicago suburb in 2020. Basic economic principles dictate that gambling. In 2021, some officials in the city of Evanston decided to investigate their own local ordinances. Since 2012, the village has brought in more than $370,000. 28, 2020. Post author: test15556252 Post published: December 16, 2022 Post category: Uncategorized Post comments: 0 Comments Revenue on slot machines in bars . 5. 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. 9 million in CY 2014 to $72. The remaining two-thirds is split between establishments and terminal operators. 2110 New Section 1800. A distributor may only sell video gaming terminals for use in Illinois to persons having a valid distributor's or terminal operator's license. Tribal Casinos. This could bring the total number of video gaming machines in the state to more than 7,000. Gaming Locations. Licensed locations generate over $72,000* in additional revenue each year, on average! Plus, video gaming adds an additional amenity to your patrons! *igb. The competitive . 037 billion to the State and approximately $194. ranked second in 2020 (just behind China), generating $36. Video gaming revenue declined by about 23% to $1. 00) annual fee for the operation of each video gaming terminal located in the City pursuant to the provisions of the Illinois Video Gaming Act. Illinois Gaming Board. The Illinois Video Gaming Act was. Y. And a provision appears in both the Illinois Gambling Act and Video Gaming Act. Licensing COMMERCIAL GAMING Operator: Under the Illinois Gambling Act, the state’s ten existing riverboat casinos may move on land and six new casinos have been authorized. 2 The Status of Illinois Gaming, Based on Revenue, Gaming Hold, & Per Capita Spending 5 . All license fees are paid annually as part of the establishment's business license renewal. In 2022, social and casual gaming revenue in the U. 16 Billion. 8 million. Illinois lawmakers voted to extend in-person betting on in-state college teams until July 1, 2024. There are nearly 24,000 video gaming machines in Illinois, and the amount played over the last few years is in the billions of. 8% to $814. This is. Revenue above $100K will be split at the standard 50/50 share split. 71 billion in 2022, a 9. It will reach $376. $50 for one year. The casino generated $4. There is a 15% tax rate if you earn $600 or more betting on sports in Illinois. Denied Applicants. The excellent February is an 18% year-over-year increase from February 2022. So if you were to assume that everything stayed the same and just funds in resulted in more revenue you would need $7,514,462,207. (c) Terminal operator. Get covered with US Legal Forms and get the Illinois Providing facilities for game shows templates you need. 19 Video Gaming Statistics by County Ranking 41 20 Top Municipalities with Video Gaming 42 21 Highest Populated Cities without Video Gaming 44 Video Gaming Related Charts: 4 Video Gaming Terminals in Operation in Illinois 35 5 Monthly Net Terminal Income from Illinois Video Gaming Machines 37 6 Net Terminal Income Collected from Video Gaming. 7 million. As more gamblers turned to video slots and poker, the state’s cut of gambling profits dropped. 888-862-2235 (Sales) 888-972-2235 (24/7 Service)In Cook County, 31 municipalities do not allow video gaming, two limit it and 89 allow it, according to the Illinois Gaming Board. The bill will permit sports wagering, including online/mobile, a Chicago casino, five additional casinos, slots and table games at racetracks, possible slots at the Chicago airports, an additional video gaming terminal at each establishment and in some instancesThe IGB is a state agency composed of five members who are responsible for implementing and enforcing the Illinois Video Gaming Act, 230 ILCS 40/1 et seq. Additionally, gambling will be permitted at the state’s three existing racetracks and a. Sports betting in Illinois will soon be permitted at racetracks, large sports stadiums,. However, municipalities’ cut was 5% then. Results from the CBS Content Network. Video Gaming in Illinois Page 7 Riverboat Year in Review 2018 Page 8 Video Gaming Year in Review 2018 Page 12. In 2022, mobile games are projected to account for 50 percent of global gaming market revenues. In 2007, when casino revenue peaked at $1. Illinois’ tax. During the fiscal year, Illinois generated a total gaming revenue of close to $1. The State collects license fees and video gaming taxes from video gaming terminals at locations throughout the state. 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. But esports’ growth, and the increasing hold it’s taking on the attention and spending of. The tax revenues collected from the state gaming tax has steadily increased from $17. Nearly two years later, with no ruling yet, he’s still in business. The tax revenues collected from the state gaming tax has steadily increased from $17. • Casinos/racetracks: $10m (or 5 percent of annual gaming revenue/pari-mutuel wagering handle, whichever is lower) • New casinos/racetrack: $5m initial fee, adjusted after 12 months of operations based on 5 percent of theFind information on income split and the history of video gaming. 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. The Illinois Gaming Board (IGB) reported casino revenue totaling $114. Stay informed and updated on the state of gaming in Illinois. The revenue split between Location and Terminal Operator and Location will remain the same, however. Video Gaming License Fee: $1000. Revoked Licenses. The Video Gaming Act specifies the percentage splits of the revenue from VGTs. The Video Gaming Act sets the tax rate on NTI at 34%, and mandates that all after-tax profits on NTI be shared equally between licensed locations and terminal operators. “More and more local governments searching for additional revenues are turning to video gaming as a new revenue source,” state lawmakers wrote in their “Wagering in Illinois: 2019 Update” report. Your terminal operator cannot pay you more than this amount. It is comprised of a 15% state gaming tax and a 2. In terms of revenue, Illinois raked in over $81 million. Illinois gambling laws encourage video gaming establishments to grow their business with Illinois slot machine revenue. Done in collaboration with Spring 2021 Data Visualization Course, School of Art and Design, Northern Illinois University, Nestor Alvarez . Updated 08/14/2007. Currently, there are 10 retail casinos in Illinois, and thousands of video gaming terminals (VGTs) at truck stops, bars, etc. io allows developers to set their own split, with a default cut of 10%. The Video Gaming Act was enacted in July , authorizing the placement of up. , the third largest video gaming terminal operator in Illinois, announced today a settlement. 9 (a) Each video gaming terminal shall be. Illinois Gaming Board Meeting Schedule and Documents Access information about the Illinois Gaming Board Meeting dates, minutes and audio. Retain the original to be presented to the agent at the site inspection. Definitions. $15,000 for three years. Board members are tasked with, among other things, reviewing applications for gaming licenses and making approval determinations, as well as renewing and revoking. Sat, Dec 23, 2017. The tax revenue. HOFFMAN ESTATES, Ill. 9 million was put into Decatur's 403 video gaming terminals in December, with payouts totaling $7. 21 Miscellaneous Gaming Revenue in Illinois 91 CONCLUSION 92. Video gambling is taxed at a flat rate of 30 percent regardless of how much the industry makes. For February, the 11 gaming facilities reported over $115 million in total gaming revenue. 2. May 18, 2021. While certain streamers used to get this 70/30 cut on Twitch, the. 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. S. The state’s cut was previously 25%, but was raised to 29% in 2020 following the signing of an omnibus gaming. The net terminal income of close to $195. 1. The breakdown of revenue sharing in the Illinois video gaming market. This report is the Commission’s 202 3 edition of Wagering in Illinois. Readily Available. Even if no costs are split, a TO must still file a report. Section 1800. Go to 230 ILCS 40/1 et seq. 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. S. There was nearly 10% less play in January, with. After years of delays this latest form of legalized gambling finally began on a limited basis in September 2012. According to new figures from the Illinois Gaming Board, net terminal income — the amount of money put in minus the amount paid out — amounted to $2. 590 Death and Change of Ownership of Video Gaming Licensee. 57435%. Gold Rush Files Countersuit in Illinois Case, Alleges Conspiracy by Gaming Cafés and Rival Vendor. 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. 7276%. As of February, there were more than 45,100 video gambling terminals across more than 8,200 venues throughout. One of the reasons for the decline is the emergence of other forms of gaming which weren’t available to Illinoisans in 2012. More casinos. Video gaming at Illinois State Fairs. 9 billion going into its coffers. State’s revenue from gambling nears $2 billion in fiscal 2023. 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. Location License Web Application (for help, see the Location Application FAQs ) Truck Stop and Large Truck Stop Affidavit. The net proceeds from video gaming terminals are divided as follows: • 65. Increased Taxes The new gaming legislation led to changes in taxes that are imposed on licensees. S. 17 Video Gaming Statistics by Illinois County 40 18 Video Gaming Statistics per County Population 41 19 Video Gaming Statistics by County Ranking 42. At Crehan’s Irish Pub and Banquet Center in Belleville, the five video gaming terminals brought in more than $196,000 in net income in 2018. The Monthly Casino Revenue Reports and the corresponding Comma Separated Values (CSV) File agree to Illinois Gaming Board data. 4 million for November, with both figures representing month-over-month declines. 5 million represented a 9. i . January 18, 2022. Illinois legalized the use of VGTs in certain non-casino establishments in 2009 (“The Video Gaming Act, 230 ILCS 40” 2009), but has had legal casino gambling in the form of riverboat casinos since 1991 (Dudzinski 2017). Oak Lawn invented the push tax because it was upset that it wasn’t getting a proper cut of VGT revenue. Access information about monthly revenue data for Video Gaming statewide, by municipality, or establishment. - 2021 tax revenue: $562. 08 billion in value by 2028 as it increasingly becomes a pillar of modern entertainment for its global audience. Indiana has a 20 percent tax rate. illinois. The numbers were released today by the Illinois Gaming Board. Close to half favored a 10% or 15% split, while nearly a fifth said a 5% or 10% split would be fairer. Terminal Operator: 32. The story behind the push tax in Illinois. 3% annual increase. In addition, gambling laws allow for a total of 10 Illinois slot. And consumer spending levels continue to remain strong. 8 billion was taxed of. Location owners in Illinois are earning an additional $121,000. What type of fees do I have to pay for Illinois video gaming? One-time Application fee to the Illinois Gaming Board is $100. B. Illinois Gaming Board - Video Reports. A portion of the tax is returned to local governments where the tax was collected. Beginning on July 1,. The Act details how the taxes received from the new casinos will be split among the various municipalities – significantly, the tax revenue from the Chicago casino (subject to appropriation) will be applied to the city’s obligation to fund pension payments. There is hereby established a twenty-five dollar ($25. A ILLINOIS GAMING ESTABLISHMENT CAN make approximately how much revenue per year? The average video gaming revenue generates $75,000 in commission every year. 55 Billion. Illinois started with a few hundred gaming terminals. 8% to $814 million, the report said. 36 billion for fiscal year 2021, which ended June 30, up 11% from the previous year, according to an annual wagering report. A distributor may only sell video gaming terminals for use in Illinois to persons having a valid distributor's or terminal operator's license. Year-on-year growth is 10% and analysts made predictions that in 2019 revenue would top $152 billion. , Dec 2, 2022. Still, the industry maintained strong growth. Some municipalities may impose a “permit fee” for each Video Gaming Terminal (“VGT”) (Slot Machine) or for your establishment in general. 240 billion. Stay informed on the latest developments in Illinois gaming news. 2160 New SectionIn an industrywide survey of game professionals last month, just 3% of the more than 3,000 participants said the 70-30 revenue split was justified. 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. The IGB Administrator serves as the agency's chief executive and directs daily. 7 million in VGT gaming taxes in 2021. Updated 9/28/2022 11:37 AM. The Video Gaming Act stipulates that the revenue from the video gaming terminals is split between the State of Illinois which receives 30%, the licensed establishment which receives 35%, and the terminal operator which receives 35%. – U. Exit Conference The Illinois Gaming Board waived an exit conference in a. Regular License. 5 percent of gaming revenues in the leading gaming markets in Europe were. The Illinois Slot Machines Revenue is Split Between: State of Illinois: 29%. March represented a new single-month revenue record with a revenue of $5. Commission on Government Forecasting and Accountability COMMISSION CO-CHAIRS Senator Heather Steans Representative C. In January 2022, the statewide average player win percentage was 91. The state took 30 Record lottery sales helped boost Illinois gaming tax revenue to $1. 58 to go into the machines (funds in) to get an extra $110 million. 9 billion, the industry paid about $819 million in taxes, a rate of 42 percent. 7%. The initial Supplier’s licence is now valid for a period of four (4) years. Watch now: These Illinois municipalities are looking for a bigger cut of video. 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. Two-thirds of the amount deposited into the IGLE Fund is appropriated to the Department of Revenue, the Department of the State. 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. Our team is deeply committed to customer service, innovation, integrity, and reliability. Since video gaming’s inception, casino revenues have declined 20. The State receives 29% of the NTI generated from each licensed VGT (of that, 5% goes to the local municipality). 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. As a result, the total tax revenue for the month was $21 million. About 140 municipalities, including Chicago and Rapids City in. Municipality fees vary from municipality to municipality. Local Municipality: 5%. The Video Gaming Act is amended by changing : 5: Sections 5 and 60 as follows: 6 (230 ILCS 40/5) 7 Sec. Illinois’ Gaming Board lists 83 different sites hosting Illinois slot and video poker games, 433 of them in total. For completeness, here is the revenue split by Microsoft’s segments. With last year’s gaming expansion law, Illinois increased the tax on video gaming machines by 4%, putting the new tax rate at 34%. “Revenue above $100K will be split at the standard 50/50 share split. 5% to the terminal operator. Video gaming machines have been popping up in Illinois bars and restaurants for nearly four years. In terms of annual revenue, the video gaming market in the U. Players can now place a $4 max bet, they can win up to $1199 on just one hand, and coming soon, progressive. Illinois Gaming Board administrator Marcus Fruchter filed the third complaint against video gambling terminal company Lucky Lincoln Gaming on May 12. The Video Gaming Act is amended by changing : 5: Section 35 as follows: 6 (230 ILCS 40/35) 7 Sec. With video gaming terminals generating nearly $2 billion in revenue, some communities in Illinois are looking to get a bigger piece of the take by implementing a tax on each bet. J.