As of February, there were more than 45,100 video gambling terminals across more than 8,200 venues throughout. 5% community investment obligation. The Annual Fee for Each Video Gaming Terminal is $1,500 The Initial One-Time Application Fee is $1,885 State Law Summary The Illinois Video Gaming Act was adopted in 2009. The machines paid out about 92 percent of the amount wagered, or $39. Illinois; Indiana; Missouri; Nebraska; Near Carolyn; Pennsylvania; Amusement Locations. 00 paid by the video gaming terminal establishment, beginning March 1 and ending February 28, 2020, and annually thereafter. The State of Illinois VGT Revenue. D. Oak Lawn Trustee Paul Mallo told The Patch. , the third largest video gaming terminal operator in Illinois, announced today a settlement. According to the Administrator, there are 8,425 licensed video gaming locations operating in Illinois offering approximately 46,740 Video Gaming Terminals (VGTs). 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. 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. With last year’s gaming expansion law, Illinois increased the tax on video gaming machines by 4%, putting the new tax rate at 34%. Illinois Casino Outlook Steady as New Supply Comes to Market. A history of video gaming statistics since its inception in 2012 is shown in the following table. 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. Revenue on slot machines in barsAs of Feb. November 2, 2023. 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. Mọi người cũng hỏi. Downers Grove Sets November 2024 Vote On Video Gaming Terminals. 8% to $814 million, the report said. 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. Learn more. The story behind the push tax in Illinois. Watch the latest video reports from the Illinois Gaming Board, covering topics such as casino operations, video gaming revenue, sports wagering and more. In an attempt to disrupt the market, the Epic Games Store only takes 12%, and independent platform itch. (b) Distributor. And consumer spending levels continue to remain strong. ”. The Evolution of Gaming: From Pong to Next-Gen Consoles. Running a Gaming Establishment in Illinois: The Basics The Illinois Video Gaming Act of 2009 made it possible forPeople in Illinois can continue placing sports bets on in-state college teams at Illinois sportsbooks but not online. The municipality where the terminal is located receives 5% of the net terminal income. According to data from the Illinois Gaming Board (IGB), total adjusted gross receipts for February totaled $115,016,246. 4 million for the month of December, as the gaming discipline generated $290 million in state tax revenue for the 2022 calendar year. Enjoy your favorite Las Vegas style games, codeta casino online with real money review monthly. 6 billion was played on Illinois video gaming machines from January 2012 to March 2019. Illinois’ tax. PDF CSV. 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. (b) Distributor. BELLEVILLE — 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. What. These fees vary by Municipality. S. B. For information on video gaming, visit the Illinois Gaming Board's website at 230 ILCS 40/1 et seq. About 140 municipalities, including Chicago and Rapids City in. Revenue growth in total land-based gaming—encompassing casino slots, table games and retail sports betting—accelerated from 0. 6 billion in. In 2022, social and casual gaming revenue in the U. 3. , April 21, 2021 /PRNewswire/ -- Gold Rush Amusements, Inc. Video Gaming in Illinois Page 8 Riverboat Year in Review 2015 Page 9 Video Gaming Year in Review 2015 Page 12. More than $1. Increased Taxes. 22 billion. REVENUE POTENTIAL; Marketing; CONTACT; Sales: 815. Go to Service. This article originally appeared on Illinois Policy . 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. Revenue. In August 2023, the retail gaming revenue in the United States amounted to 4. 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. According to IGB figures, there are now 4,965 locations licensed for video gaming; Illinois has gone from having just 10 locations with state-sanctioned gaming, to having. (c) Terminal operator. The revenue from the COAMs is split by law between the location, a Master Licensee (which owns and maintains the COAMs) and the State of Georgia. Hochberg did not. Adm. New Jersey took sports gambling to the Supreme Court in 2018. Learn more about the Illinois video gaming market and how Accel Entertainment can help your Illinois establishment profit through slot machines. Two-thirds of the amount deposited into the IGLE Fund is appropriated to the Department of Revenue, the Department of the State. Report authors estimated that Illinois online casino gaming could have generated anywhere between $622. Check it out for yourself at the Illinois Gaming Board Video Gaming Revenue Reports page. The operation of video gambling terminals (VGTs) in Illinois has been increasing since they were legalized in 2009, then implemented in 2012. 5% of its net win. ILLINOIS GAMING BOARD JB Pritzker • Governor Charles Schmadeke • Chairman Marcus D. The remaining two-thirds is split between establishments and terminal operators. Two gaming operator businesses - J&J Ventures and Accel Entertainment - sued Pekin, claiming that the percentage-based fee actually constituted a tax and was therefore barred by Illinois’. Municipality fees vary from municipality to municipality. Tribal Casinos. The state took 30August 3, 2021. The revenue split is written as Illinois law and mandates 29% to the state, 5% to the municipality, and approximatly 32. “We are your partner every step of the way. 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. While we can’t say exactly how much of an increase in revenue a Missouri establishment will experience by installing video gaming machines, we can reasonably compare it to the Illinois video gaming market. But esports’ growth, and the increasing hold it’s taking on the attention and spending of. By the end of FY 2018 (June 2018), 29,283 video gaming terminals were in operation across Illinois—up from 26,873. 4 billion in revenue in 2022. Players can now place a $4 max bet, they can win up to $1199 on just one hand, and coming soon, progressive. All location data is as of Dec. “Ever since its inception, video gaming in Illinois has been on an upward. 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. However, video gaming is now a close second source of revenue, with $762 million being collected in FY2022. In 2021, the video gaming market size in the U. CONCLUSION 91. However, municipalities’ cut was 5% then. Video gaming terminals, for example, have nearly doubled from $395. Video gambling is taxed at a flat rate of 30 percent regardless of how much the industry makes. 9 billion going into its coffers. The bill requires the State to its split revenue from gaming expansion into highway spending and new grants for the State Board of Education. Jobs Supported 25,784. In 2019, players wagered over $17 billion on Illinois VGTs and won just over $15 billion. Go to 230 ILCS 40/1 et seq. $15,000 for three years. S. The payment was more than $5. Davidsmeyer SENATE HOUSE Donald DeWitte Thomas Bennett DaviIllinois. 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. e. Lottery revenue increased 4. That’s a small part of the total global video games and esports market, which is expected to be worth US$162bn in 2023. CONCLUSION 92. Section 1800. Mar 30, 2021. 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. 90 billion, a 10. 7% to $872 million. 2) "Video gaming location" means any licensed video gaming location as defined in Section 1800. 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 revenue split is specifically dictated by the Video Gaming Act. Licenses for the operation of at most five VGTs can be given to retail establishments that serve. 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. revenue, with about 65% of the proceeds split between those two. Video Gaming. Beginning on July 1, 2019, an additional 3% tax will be imposed on a VGT’s net terminal income (for a total of 33%). Accel Entertainment provides the latest slot machines in the Illinois video gaming industry and will optimize machine. dollars. There was nearly 10% less play in January, with more. Through the end of June, that’s meant more than $1. The Video Gaming Act is amended by changing : 5: Sections 5 and 60 as follows: 6 (230 ILCS 40/5) 7 Sec. 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. We use a difference-in-differences strategy that adjusts for staggered adoption to isolate the causal effect of VGTs on. 5%. For the examination of video gaming machines and associated equipment as required by this Section, the. In 2021, some officials in the city of Evanston decided to investigate their own local ordinances. commercial gaming revenue reached an annual record of $60. 6 million in net terminal income in 2019. "This would. The breakdown of revenue sharing in the Illinois video gaming market. 3 billion (FY 2022). JB Pritzker signed in June 2019 is the gift that keeps on giving. 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. 35. 7276%. Gaming Tax Forms. Quarterly gaming revenue grew year-over-year across all verticals, with single-quarter revenue records across both land-based and online casino gaming verticals. B. How a Terminal Operator assists in the. 15. S. The Monthly Casino Revenue Reports and the corresponding Comma Separated Values (CSV) File agree to Illinois Gaming Board data. Mount Zion had $18 million played on its 18 machines, and Warrensburg. 7@7 video; The Sphere; F1 in Las Vegas; What Are They Hiding? News. In January 2022, the statewide average player win percentage was 91. 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%. Share of video gaming revenues in Western Europe 2022, by source. gov. Image 1 of 2. and the final third is split between. Expand Autoplay. The tax on gaming establishment revenue has gone up from 30% to 33%. Nick Jaworskyj, tech supervisor at Awesome Hand Gaming, sets. However, municipalities’ cut was 5% then and remains 5% now. In six years, the number of Illinois communities banning video gaming has fallen from 63 percent to 36 percent. This new rule brings welcome definition and clarity to what constitutes an inducement in the video gaming industry. “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. Illinois’ tax. The net terminal income of close to $195. $50 for one year. State gaming revenue and tax totals do include internet(b) Distributor. VIDEO GAMING TERMINAL. The Illinois gambling expansion bill that Gov. The Illinois Sports Wagering Act was enacted on June 28, 2019, as part of the state's landmark 2019 gaming expansion law, and it legalized sports wagering online and at. IGB. Twenty cities with 20,000 people, including Chicago, do not allow video gaming terminals. 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. Illinois Video Gaming Myths #3: If You Shop Around, You Can Find a TO Who Will Give You a Cut Rate. 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. 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. Commission on Government Forecasting and Accountability COMMISSION CO-CHAIRS Senator Heather Steans Representative C. Increased the amount of maximum wagers. Illinois is on pace for four new casinos in 2023, but the state’s tax payout from video gambling in local bars and restaurants remains a much bigger win. 5. The gambling opportunities here are not as abundant as those in states like Nevada, but this hardly impedes the growth of the local industry. Get to Know Illinois Video Gaming Act of 2021. 85% to the Illinois Gaming Board Video gaming revenues have proven critical for local communities to be able toMonthly player win% at Illinois VGTs, 2012-2022 [Illinois Slots Return-To-Player] In April 2022, the statewide average player win percentage was 91. Video game industry revenue growth should continue through 2022 at least, researchers say, when video games are projected to bring in a. July 17, 2023. Again, use the information on those forms to report your sports gambling winnings to the IRS and the state. - Video Gaming Act Illinois Department of Revenue Responsibility Money collected from. 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. Comparison to IL. 2 million to $5. Page 31 Empress Casino – Joliet,. Local Municipality: 5%. The initial Supplier’s licence is now valid for a period of four (4) years. 9% improvement on March’s total of $105. 19 Video Gaming Statistics by County Ranking 42 20 Top Municipalities with Video Gaming 43 21 Highest Populated Municipalities without Video Gaming 45 . The Illinois Senate passed the gaming expansion bill June 2, 2019, and sent the legislation to the governor’s desk. 9 billion, the industry paid about $819 million in taxes, a rate of 42 percent. The tax revenues collected from the state gaming tax has steadily increased from $17. The initial Supplier’s licence is now valid for a period of four (4) years. Video gaming revenues for the City of Danville can total upwards of about $30,000 monthly. Illinois Gaming Board records show the Underpass gambling machines had a net income of more than $380,000 over the past 12 months — profits that Heidner is required under state law to split 50. The casino revenue figure was 4. The net proceeds from video gaming terminals are divided as follows: • 65. Updated 08/14/2007. Sayad said he would vote in favor of allowing video gaming throughout Des Plaines as long as it does not. Under the Illinois Video Gaming Act passed in 2012, the operators must split their proceeds evenly with the local businesses. Net Terminal Income (NTI) is defined as all monies. Tax Impact & Tribal Revenue Share $2. D. 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. When. How many video gaming terminals will be allowed. 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. A report produced by one of the game providers the IGB recognizes, Accel Entertainment, says that VGT operators in IL generated over $145. Illinois casino revenue totaled $122. These establishments may have up to 5 state regulated gaming machines. impact of each of the above operations, however, is . The remaining $2 billion was divided amongst licensed locations, terminal operators, and the State of Illinois. 8 million. This guide details how Illinois gaming revenue is distributed among locations, terminal operators, state and municipalities and how video game terminals work. 2 billion and $1. )8 Video Gaming Terminals in Operation in Illinois per Month 35 9 AGR of Illinois Riverboats vs NTI of Illinois Video Gaming Machines 43 10 AGR of IL and IN Riverboats vs NTI of Video Gaming Machines in Chicago Area 45 11 Tax Revenue from Riverboats and Video Gaming in Illinois 47 HORSE RACING 49 Horse Racing Related. State and local governments collected more than $900 million in tax revenue from traditional video gaming machines in 2022. 3% from $1. Video gambling is taxed at a flat rate of 30 percent regardless of how much the industry makes. 5 million represented a 9. 9 billion in fiscal year 2022, the highest ever and almost 39% higher than in 2021. Published by. This report is the Commission’s 202 3 edition of Wagering in Illinois. AN ACT concerning gaming. Illinois’ tax. National tax revenue from commercial casinos in the United States in 2022, by state (in million U. To inspect the ordinance for detailed regulations or view the fee determination, click on the related ordinance link. 8 million. Last updated on: June 22, 2023, 09:56h. 26 of an ordinance allowingwith electronic gaming devices, such as video lottery . Locally, video gaming exists in Lansing and Calumet City. Productivity and Business Processes segment earned $63. 5% of net revenue from each gaming terminal in the city. 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 $43 million local industry, to be exact. 57435%. The NTI for that period is $6. Our page covers the latest updates on regulations, legislation, and industry trends in the state. Issue 1: Most states tax adjusted casino revenue and use the taxes to fund state and local programs. Sports betting in Illinois will soon be permitted at racetracks, large sports stadiums, existing casinos, and online. On October 28, 2021, the Illinois House of Representatives voted to pass House Bill 3136 (“HB3136” or the “Bill”) which changes the landscape on how video gaming is regulated in. The tax revenue. Illinois collects a 30 percent tax on net terminal income, or the amount gambled minus what is paid out, with 25 percent going to the state and the other 5 percent going to the local municipality or county. Thanks to the bill, legal sports betting in Illinois and six new retail casinos are in the future, including a casino in Chicago. 7% lower than October’s $109. Similarly, the initial Organisation Gaming licence, and any renewal, is valid for a period of four (4) years. The revenue split between Location and Terminal Operator and Location will remain the same, however. Microsoft takes 30% of sales made through the Xbox console’s digital store, while its PC marketplace recently changed to 12% in line with Epic. - Video Gaming Act. Tax Structure: Internet casino gaming revenue is taxed at an effective rate of 17. Illinois video gambling parlors must continue to split profits equally with terminal operators, Cook County Judge Neil H. IL Video Gaming is Added Revenue. Nothing Outsourced. Spending on esports is projected to surge at a compound annual rate of 18. show more . ”. show less . Limited License. If enacted, Illinois will increase its gaming positions to approximately 39,000, excluding video gaming. 89 million in. Illinois video gambling put $786 million into the state’s coffers in 2022 and $135. $5,000 for one year. Revenue from video gaming entertainment is split between the business/organization, municipality, and. The state’s cut was previously 25%, but was raised to 29% in 2020 following the signing of an omnibus. Casinos have been allowed in Illinois for more than 30 years, but legislation legalizing video gaming didn’t come until 2009. Prompt. 6 billion was played on Illinois video gaming machines. 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. 37 million in profits. Blackjack is a gaming company in the State of Illinois that caters to a wide range of gaming equipment. For inquiries regarding video gaming disbursements, please call 217-524-0226 or send an email to [email protected] Gaming Board Meeting Schedule and Documents Access information about the Illinois Gaming Board Meeting dates, minutes and audio. Collections from video slot machines posted the biggest gains this year, rising 6. 20, 2021. 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. 3%, the decline in video gaming tax revenue was not as severe at -27. This report is theCommission’s 2019. C. The Video Gaming Act was enacted in July , authorizing the placement of up. The Illinois Gaming Board reported casino revenue of nearly $104 million and video gaming terminal revenue of $205. March represented a new single-month revenue record with a revenue of $5. 8513%. According to the Illinois Gaming Act, a Illinois video gaming terminal operator provides and maintains video gaming machines for licensed locations. In September, these VGTs generated a Net Terminal Income (NTI) of over $236. 2% of the total. The state took 30 Record lottery sales helped boost Illinois gaming tax revenue to $1. Video gaming machines have been popping up in Illinois bars and restaurants for nearly four years. July 12, 2019. According to the complaint, the expansion would create a spot. The Act mandates the following percentage splits 33% to the state and municipality,. 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. 19 billion. According to figures released by the Illinois State Gaming Board, over $2. In December, the Illinois Legislature passed new rules that require all fees to be split evenly between the local bars and the "terminal operators" – the companies that own and supply the gambling machines. 0 billion set in 2021. Charitable Games Tax and License Fees. We’re announcing this change now, but it won’t go into effect until after June 1, 2023. Y. 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. , regulates the operation,. 2150 New Section 1800. Based on a projected daily income of $70 to $90 per machine, new video gaming receipts would total $3. 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. 7) Promotional items, merchandise, or gifts other than food or beverage. 41 billion in 2021, up more than $600 million from 2020. HyperActive Gaming assists you in navigating the license processes. Economic Impact $6. A distributor may only sell video gaming terminals for use in Illinois to persons having a valid distributor's or terminal operator's license. 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%). surpassed $85. recurring tax revenue, which would be split between education, capital, local government distributions and other stated purposes. 230 ILCS 10/5(b), 40/78. ILLINOIS GAMING BOARD NOTICE OF ADOPTED AMENDMENTS 1) Heading of the Part: Video Gaming (General) 2) Code Citation: 11 Ill. However, municipalities’ cut was 5% then and remains 5% now. Beginning on July 1, 2019, an additional 3% tax will be imposed on a VGT’s net terminal income (for a total of 33%). 230 ILCS 10/5(b), 40/78. 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. How to find Reports Online Regarding Revenue from Video Gaming in the State of IllinoisTo say that the gaming industry is on the rise would be a massive understatement. In December alone, Illinois municipalities that offer video gaming shared $1. ROCK ISLAND -- When video gaming became legal in Illinois in 2012,. VG. Limit of six terminals per establishment. One of the reasons for the decline is the emergence of other forms of gaming which weren’t available to Illinoisans in 2012. Illinois Gaming Board. 2130 New Section 1800. 2120 New Section 1800. Illinois News. Decatur had $878 million played on 447 machines since 2012, and today there are 81 establishments with the gaming terminals. That left $3. Video Gaming (March) Total. Additionally, gambling will be permitted at the state’s three existing racetracks and a. Casino tax revenue is a benefit. 0 million - 2020 tax revenue: $350. That’s based on an American Gaming Association study produced by The Innovation Group. 4 million for April, a 15. Readily Available. See full list on pjstar. Municipalities with the machines brought home a share of $135. 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. IGB. The tax revenues collected from the state gaming tax has steadily increased from $17. We also work towards increasing revenue at our locations. 2 million generated in April. The Illinois Gaming Board voted Sept. The CSV file can be downloaded into other file types and managed for the ease of the user, however, the Illinois Gaming Board is not accountable for the reliability of disseminated information resulting from changes to the Illinois Gaming Board's data that are made by. Overview Charts: 1 Source of Gaming-Related Revenues in Illinois 1. legalized video gaming in Illinois. Even during 2020, when the world took a pause, VGTs continued to bring in millions of dollars. As more gamblers turned to video slots and poker, the state’s cut of gambling profits dropped. In Missouri, the tax rate is 18 percent, and there is an additional 2 percent tax to aid local city governments. SHARE ON: LinkedIn. 037 billion to the State and approximately $194. The current tax rate imposed on video gaming terminals’ (“VGTs”) net terminal income is 30%. 4% in FY 2020 due to pandemic shutdown, with casino revenue the hardest hit, according to the state. Research lead covering internet and gaming. Revenue above $100K will be split at the standard 50/50 share split. (230 ILCS 40/15) Sec. A portion of the tax is returned to local governments where the tax was collected. The revenue split between Location and Terminal Operator and Location will remain the same, however. 8% drop compared to December’s total of $216. 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. In 2015, Illinois riverboats generated $196 million in revenue, down from an all-time high in 2005 of $699 million. Get Your FREE Guide Revealing…. Illinois' nearly 6,000 video gambling parlors could reinvest more in their businesses, including making their operations more consumer-friendly, if they weren't required to evenly split their. Public Act 96-0034 became law, legalizing video gaming in Illinois. ranked second in 2020 (just behind China), generating $36. com This guide details: How Video Gaming Terminal (VGTs) work. The State receives 29% of the NTI generated from each licensed VGT (of that, 5% goes to the local municipality).