The net proceeds from video gaming terminals are divided as follows: • 65. Learn more about the Illinois video gaming market and how Accel Entertainment can help your Illinois establishment profit through slot machines. Video gaming revenue declined by about 23% to $1. Licensed Location: 32. 5 percent of gaming revenues in the leading gaming markets in Europe were. 92 billion. Increased Taxes. With video gaming terminals generating nearly $2 billion in revenue, some communities in Illinois are looking to get a bigger. 4 million in revenue for Q1 2022. 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. Unlike YouTube and Facebook Gaming which split revenue 70/30 in favor of creators, Twitch’s streamers receive a 50/50 cut. Additionally, beginning on. EXECUTIVE SUMMARY . 4 million for the month of December, as the gaming discipline generated $290 million in state tax revenue for the 2022 calendar year. This aims to raise $45bn to invest. Gamblers are placing more and more bets on video slot machines than at Blackjack tables or horse race tracks in Illinois. Video game industry revenue growth should continue through 2022 at least, researchers say, when video games are projected to bring in a. The Illinois Video Gaming Act from 2009 regulates the use of slot machines in licensed establishments. How many video gaming terminals will be allowed. Twenty cities with 20,000 people, including Chicago, do not allow video gaming terminals. See all New York Reports. B. 00. 4 billion in 2022, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. This new rule brings welcome definition and clarity to what constitutes an inducement in the video gaming industry. The State receives 29% of the NTI generated from each licensed VGT (of that, 5% goes to the local municipality). That’s based on an American Gaming Association study produced by The Innovation Group. National tax revenue from commercial casinos in the United States in 2022, by state (in million U. According to the complaint, the expansion would create a spot. 5%. MOLINE — Small-business owners across Illinois are fighting Gov. Research lead covering internet and gaming. 86 billion, topping the previous all-time high in 2020 of $76. The decrease in net video gaming revenue is largely attributable to the temporary shutdown of Illinois video gaming from March 16, 2020 to June 30, 2020, due to the COVID-19 outbreak which impacted 106 of the 274 gaming days (or 39% of gaming days) during the nine months ended September 30, 2020, partially offset by the acquisition of. The Video Gaming Act is amended by changing : 5: Section 35 as follows: 6 (230 ILCS 40/35) 7 Sec. January 18, 2022. i EXECUTIVE SUMMARY This report is the Commission’s 2021 edition of Wagering in Illinois. By the end of FY 2021, over 40,000 video gaming terminals were in operation across. The state received $21 million in tax receipts from casino gaming in April and has collected more. Post author: test15556252 Post published: December 16, 2022 Post category: Uncategorized Post comments: 0 Comments Revenue on slot machines in bars . 6 billion in. In 2021, the state agency proposed stripping the lucrative video gaming license held by Frank Cortese’s company. 00 paid by the video gaming terminal operator and $250. 8bn. 21 Miscellaneous Gaming Revenue in Illinois 91 CONCLUSION 92. 580 Annual Fees. 0844. 17 Video Gaming Statistics by Illinois County 40 18 Video Gaming Statistics per County Population 41 19 Video Gaming Statistics by County Ranking 42. State and local governments collected more than $900 million in tax revenue from traditional video gaming machines in 2022. This report is the Commission’s 202 3 edition of Wagering in Illinois. This article originally appeared on Illinois Policy . 94%. 3% between 2018 and 2023 to reach almost US$1. Supplier and Manufacturer License. Report authors estimated that Illinois online casino gaming could have generated anywhere between $622. Rule 350 was approved by the Illinois Joint Committee on Administrative Rules (JCAR) at its February 17 th, 2021. From January 2012 to March 2019, state gaming board data shows, $77. 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. 8% to $814. 2. In 2022, gamblers wagered roughly $10. The state took 30 Record lottery sales helped boost Illinois gaming tax revenue to $1. 6% compared to the $1. Record lottery sales helped boost Illinois gaming tax revenue to $1. This backlash didn't come from left field: It was a trend building steadily over the last. For the examination of video gaming machines and associated equipment as required by this Section, the. Updated 08/14/2007. Nothing Outsourced. Similarly, the initial Organisation Gaming licence, and any renewal, is valid for a period of four (4) years. Revenue of the U. In 2021, the video gaming market size in the U. The Video Gaming Act was enacted in July , authorizing the placement of up. Permit Fee by Municipality. Municipality tax share receives 5%. 8% drop compared to December’s total of $216. 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. For February, the 11 gaming facilities reported over $115 million in total gaming revenue. Annual state gaming license is $100. Illinois Gaming Board. In an attempt to disrupt the market, the Epic Games Store only takes 12%, and independent platform itch. 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. 8513%. According to the Administrator, there are 8,425 licensed video gaming locations operating in Illinois offering approximately 46,740 Video Gaming Terminals (VGTs). Pritzker's plan to raise taxes on revenue from video-gaming terminals, which currently stand at 30 percent. Bingo Tax & License Fees. 8% to $814. Overall, state gaming revenue was up to nearly $1. BUFFALO, N. And a provision appears in both the Illinois Gambling Act and Video Gaming Act. Oak Lawn Trustee Paul Mallo told The Patch. The net proceeds from video gaming terminals are divided as follows: • 65. In CYEvanston’s City Code 9-5-8 prohibits local eateries and watering holes from participating in the Illinois Video Gaming Act. Municipality tax share receives 5%. Additionally, gambling will be permitted at the state’s three existing racetracks and a. HOFFMAN ESTATES, Ill. The complaint alleges that the company illegally paid over $21,000 to build an addition to a restaurant in a Chicago suburb in 2020. Commission on Government Forecasting and Accountability COMMISSION CO-CHAIRS Senator David Koehler Representative C. illinois. Gross Gaming Revenue $5. Bally’s Buoyed By Chicago Casino’s Successes In Q3 Earnings Report. 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. 9 billion in fiscal year 2022, the highest ever and almost 39% higher than in 2021. 0 billion set in 2021. 7276%. More casinos. The gaming market is estimated at $245. But history shows a big rebound when those services reopen. 16 Billion. 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. io allows developers to set their own split, with a default cut of 10%. Gaming providing economic value for Illinois. Tribal Casinos. Net revenue generated from the machines is taxed at 30 percent. The revenue figure is a 15. S. Charitable Games Tax and License Fees. That’s a small part of the total global video games and esports market, which is expected to be worth US$162bn in 2023. 41 billion in 2021, up more than $600 million from 2020. dollars. One of them is Quincy, which has added 81 terminals in three years. DECATUR — A total of $9. Video gaming revenue declined by about 23% to $1. Maximum bets placed on each machine will increase to $4 from $2. 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. dollars) Premium Statistic Premium PC games revenue worldwide 2008-2024, by categoryHowever, Potawatomi gaming revenue can be estimated because the tribe pays the city and county of Milwaukee 1. Illinois’ tax. CHICAGO — With the Illinois General Assembly poised to consider a tax hike on video gambling, some key lawmakers and their family members have developed previously undisclosed financial. PC video gaming software sales revenue worldwide from 2008 to 2025, by category (in million U. (2) No video gaming terminal licensed under this Act may be played except during the legal hours of operation allowed for the consumption of alcoholic. Illinois Gaming Board Meeting Schedule and Documents Access information about the Illinois Gaming Board Meeting dates, minutes and audio. The reason being the tax rate imposed on video gaming net terminal income was increased on July 1. Again, use the information on those forms to report your sports gambling winnings to the IRS and the state. 6% in. Every video gaming terminal offered for play shall first be tested and approved pursuant to the rules of the Board, and each video gaming terminal offered in this State for play shall conform to an approved model. 7 million in VGT gaming taxes in 2021. The Illinois Gaming Board reported casino revenue of nearly $104 million and video gaming terminal revenue of $205. From there, it would depend on how much the revenue is taxed. As a result, the total tax revenue for the month was $21 million. In Missouri, the tax rate is 18 percent, and there is an additional 2 percent tax to aid local city governments. Illinois’ tax. Lottery revenue increased 4. Patrons in McHenry County spend $294M on video gaming Revenue source benefits economy. Exit Conference The Illinois Gaming Board waived an exit conference in a. 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. Readily Available. The rest is split among machine operators, business owners, the state, and the community where the machines are located. Video Gaming Applications & Forms. 28, 2020. Shaq Hoy, left, explains the game to patrons using video gaming terminals, at Stella's Place in Elmwood Park, on Tuesday, April 4, 2017. Stay informed and updated on the state of gaming in Illinois. 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. IGB. The remaining two-thirds is split between establishments and terminal operators. Through the end of June, that’s meant more than $1. Year-on-year growth in social and casual gaming was 3. The Video Gaming Act specifies the percentage splits of the revenue from VGTs. a great way to scale and build extra Illinois gaming revenue for your business!. Total bets at the seven Illinois online sportsbooks have exceeded $1 billion in five of the last nine months. Illinois News. 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. 2 billion for the cash-starved state and another $250 million for cities and villages that have allowed video gambling, according to gaming. Does Illinois charge sales tax on digital downloads? Sales of custom software – downloaded are exempt from the sales tax in Illinois. Casino tax revenue is a benefit. Illinois gambling tax revenue fell 13. 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, And a provision appears in both the Illinois Gambling Act and Video Gaming Act that makes it clear that conflicts in the two Acts are resolved in favor of the Illinois Gambling Act. The municipality where the terminal is located receives 5% of the net terminal income. Illinois recently passed the Video Gambling Act to allow video gambling for establishments with liquor licenses including bars, restaurants, and veteran organizations. Limited License. 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. This. Two-thirds of the amount deposited into the IGLE Fund is appropriated to the Department of Revenue, the Department of the State. We’re dedicated to making your gaming venture easy. As of February, there were more than 45,100 video gambling terminals across more than 8,200 venues throughout. Consider another perspective: 25% of gaming revenue goes to the state of Illinois while 5% of the revenue from video gaming machines stays in the communities which allow them. 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. 7% for all VLT at retailers. 2130 New Section 1800. Licensed Establishments Linked to Terminal Operators. Most recent revenue data was reported for. Beginning on July 1, 2019, an additional 3% tax will be imposed on a VGT’s net terminal income (for a total of 33%). This amount is cumulative over the course of the year. The average revenue from video gaming for those municipalities was $97,958 in 2015, $130,962 in 2016, $159,458 in. 20, 2021. 89 million in. 37 million in profits. 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. The Illinois Video Gaming Act was enacted on July 13, 2009 to help fund a $31 billion State multi-faceted infrastructure improvement plan. $15,000 for three years. Clement , Aug 30, 2023. 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. 57435%. Two or more spins with the same result are called a streak Do not use excessive emojis, the promotions come daily. 22 billion. 6362%. A fee of $500. Video Gaming in Illinois Page 8 Riverboat Year in Review 2015 Page 9 Video Gaming Year in Review 2015 Page 12. There are many similarities between the Georgia COAM market and the Illinois video gaming market. Readily Available. Earliest revenue data was reported for March 2020 . Illinois could be losing out on as much as $105 million in tax revenue annually by not legalizing Illinois online casinos. (b) Distributor. On October 28, 2021, the Illinois House of Representatives voted to pass House Bill 3136 (“HB3136” or the “Bill”) which changes the. Businesses such as bars and restaurants can have up to 6 slot machines and participate in video gambling activities in Illinois. A ILLINOIS GAMING ESTABLISHMENT CAN make approximately how much revenue per year? The average video gaming revenue generates $75,000 in commission every year. C. A history of video gaming statistics since its inception in 2012 is shown in the following table. Readily Available. The COGFA analysis estimates the law allows for between 45,000 and 60,000 new video gaming machines to be operated in Illinois. 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. J. 8% to $814 million, the report said. Funded in part by his wealthy family and aided by a personal connection at the Illinois Gaming Board, Andrew Rubenstein’s Accel Entertainment now owns a third. The tax revenues collected from the state gaming tax has steadily increased from $17. 5 million into. We use a difference-in-differences strategy that adjusts for staggered adoption to isolate the causal effect of VGTs on. A hard copy of the Act can be found in the printed Illinois Compiled Statutes (any publisher), which is available at all law libraries and many public libraries. Video gaming machines have been popping up in Illinois bars and restaurants for nearly four years. In 2022, mobile games are projected to account for 50 percent of global gaming market revenues. the integrity of Illinois video gaming. 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. 2110 New Section 1800. Commission on Government Forecasting and Accountability COMMISSION CO-CHAIRS Senator Heather Steans Representative C. Posted on: May 20, 2020, 11:35h. 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. Video Gaming Estimate Methodology Illinois Coin Machine Operators estimate 15,000 liquor pouring estimate 15,000 liquor pouring establishments in Illinois. Some of the money goes back to the players who win. S. 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. Learn about the slot machine business in Illinois and how you can increase revenue using VGT slot machines. 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. Section 1800. 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. Rule 350 was approved by the Illinois Joint Committee on Administrative Rules (JCAR) at its February 17 th, 2021 meeting, and. 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. 22. 555 Withdrawal of Applications and Surrender of Licenses. Under the Illinois Gambling Act, the initial Owner’s licence, and any renewal, is valid for a four-year period and subject to a $250,000 renewal fee. 00 per terminal. 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. (230 ILCS 40/15) Sec. Video gaming terminals, for example, have nearly doubled from $395. How a Terminal Operator assists in the process. Statistics from the Illinois Gaming Board show people in Decatur spent over $175 million on gaming in the. , and NAPERVILLE, Ill. ORDINANCE NO. May 18, 2021. A January 2019 report by ProPublica showed a very different take on VGTs in Illinois, however. The Act mandates the following percentage splits 33% to the state and municipality,. Scientific games receives . 560 Issuance of License. REVENUE POTENTIAL; Marketing; CONTACT; Sales: 815. News. Illinois could have two. Economic Impact $6. 2 The Status of Illinois Gaming, Based on Revenue, Gaming Hold, & Per Capita Spending 5 . VIDEO GAMING REVENUES: The Illinois Gaming Board provides detailed revenue information for the municipalities os. More Illinois communities have turned to video gambling machines as a way to generate revenue. 10 billion in 2023, growing at a CAGR of 8. 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 current tax rate imposed on video gaming terminals’ (“VGTs”) net terminal income is 30%. 6 billion was played on Illinois video gaming machines from January 2012 to March 2019. Section 1800. Increased Taxes. As more gamblers turned to video slots and poker, the state’s cut of gambling profits dropped. 2150 New Section 1800. In 2022, 41. Further, the IGB provides monthly return statistics for Video Gaming. During the fiscal year, Illinois generated a total gaming revenue of close to $1. (The completed affidavit must be emailed to IGB. Even during 2020, when the world took a pause, VGTs continued to bring in millions of dollars. CONCLUSION 91. 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. Video gaming netted about $122,000 in tax revenue for Lansing over the fiscal year that ended on April 30, spokesman Ken Reynolds said. 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. On the other hand, mobile ad spending accounted for. The payment was more than $5. revenue, with about 65% of the proceeds split between those two. 5 percent. 9 billion, the industry paid about $819 million in taxes, a rate of 42 percent. The Illinois Gambling Act was enacted on June 28, 2019. Licensed establishments may offer up to 6 Video Gaming Terminals, except that a new establishment license category is established for large. Illinois Video Gaming Revenue Split. 07435% to the terminal operator. New Jersey took sports gambling to the Supreme Court in 2018. That is truly a staggering sum. Prompt. These games have rising levels of difficulty, which raises the consumer's desire to play the game. (c) Terminal operator. The revenue split between Location and Terminal Operator and Location will remain the same, however. In 2015, Illinois riverboats generated $196 million in revenue, down from an all-time high in 2005 of $699 million. Municipalities with the machines brought home a share of $135. 35 billion in operator revenue in 2022, an increase of 13. Maximum bets placed on each machine will increase to $4 from $2. Mar 30, 2021. 455. In 2019, players wagered over $17 billion on Illinois VGTs and won just over $15 billion. In six years, the number of Illinois communities banning video gaming has fallen from 63 percent to 36 percent. IGB. 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. In 2021, some officials in the city of Evanston decided to investigate their own local ordinances. 19 Miscellaneous Gaming Revenue in Illinois 92 CONCLUSION 93. 19 Video Gaming Statistics by County Ranking 42 20 Top Municipalities with Video Gaming 43 21 Highest Populated Municipalities without Video Gaming 45 . This guide details how Illinois gaming revenue is distributed among locations, terminal operators, state and municipalities and how video game terminals work. Done in collaboration with Spring 2021 Data Visualization Course, School of Art and Design, Northern Illinois University, Nestor Alvarez . In September, these VGTs generated a Net Terminal Income (NTI) of over $236 million resulting in over $80 million of tax revenue, with the state’s share being approximately $68. January 18, 2022. He stated that there are currently 12 operating casinos, nine sportsbooks, and 8,299 licensed video gaming establishments operating 4,702 video gaming terminals (VGTs). 5 million represented a 9. Illinois has passed significant gaming expansion legislation. 9 million - Year-over-year change: 60. In addition, the Illinois Gaming Board announced that all video gaming operations will continue to be suspended until at least April 8th. impact of each of the above operations, however, is . Section 1800. 5%. A person plays a Gold Rush Gaming machine at Shelby's in Berwyn on Jan. Illinois Governor J. Video gambling is taxed at a flat rate of 30 percent regardless of how much the industry makes. 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. Section 1800. 230 ILCS 10/5(b), 40/78. In CY Evanston’s City Code 9-5-8 prohibits local eateries and watering holes from participating in the Illinois Video Gaming Act. If your video slot machines malfunction, this may impact the Illinois gaming revenue that your bar or restaurant earns for the month. Licenses and Fees. Illinois’ tax. 2 million generated in April. 18 Miscellaneous Gaming Revenue in Illinois 91 . com This guide details: How Video Gaming Terminal (VGTs) work. 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. EXECUTIVE SUMMARY . noted where warranted. Video gaming revenue declined by about 23% to $1. 9 (a) Each video gaming terminal shall be. There is a 15% tax rate if you earn $600 or more betting on sports in Illinois. October 18, 2017 / 12:58 PM / CBS Chicago. 3% annual increase. 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. Doug. 90 billion, a 10. 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). 9 million in CY 2014 to $72. New legislation allows licensed, designated “large truck stops” to have up to ten VGTs. 230 ILCS 10/5(b), 40/78. Source: Illinois Gaming Board. 7% lower than October’s $109. PDF CSV. Tap Room is now Illinois’ seventh-largest video gambling operator, providing slot and poker machines to nearly 300 locations, according to an analysis of gaming board data. 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. Currently, there are ten casinos operating throughout the State of Illinois. In six years, the number of Illinois communities banning video gaming has fallen from 63 percent to 36 percent. Since it began in 2012, video gaming has mushroomed. 15 billion. Learn more. Video gaming currently represents about 41% of wagering revenue, while lottery makes up nearly 44%. November 2, 2023. According to the Administrator, there are 8,425 licensed video gaming locations operating in Illinois offering approximately 46,740 Video Gaming Terminals (VGTs). 3% annual increase. 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. Close to half favored a 10% or 15% split, while nearly a fifth said a 5% or 10% split would be fairer. The revenue split is written as Illinois law and mandates 29% to the state, 5% to the municipality, and approximatly 32. Collections from video slot machines posted the biggest gains this year, rising 6. Doug. 7 million generated in March. 7) Promotional items, merchandise, or gifts other than food or beverage. 18 Miscellaneous Gaming Revenue in Illinois 90 . " " Even if the administrative fees had met projections, regulating video gambling has turned out to cost far. 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. when the costs are equally split between the terminal operator and video. 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. Published by. 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. Image 1 of 2. That’s up 4% from the previous monthly record of $1. Video Gaming Application Fee: $500. recurring tax revenue, which would be split between education, capital, local government distributions and other stated purposes. 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 License. A judge has ruled Illinois video gambling parlors must. 4 million and $1. Get Your FREE Guide Revealing…. The State collects license fees and video gaming taxes from video gaming terminals at locations throughout the state. The gambling opportunities here are not as abundant as those in states like Nevada, but this hardly impedes the growth of the local industry. In terms of revenue, Illinois raked in over $81 million.