State nets nearly $1 million from video gambling

2012-12-17T06:00:00Z State nets nearly $1 million from video gamblingBY KURT ERICKSON, THE SOUTHERN SPRINGFIELD BUREAU The Southern

SPRINGFIELD — Illinois’ foray into video gambling translated into nearly $1 million in additional income in November.

With legalized video gambling in bars, clubs and truck stops now in its third month of operation, a new report shows the state drew $957,408 in revenue from more than 1,400 machines.

Municipalities also receive a cut of the proceeds, with the Illinois Gaming Board reporting that $191,481 was distributed to the towns and cities where the machines are located.

The November totals are nearly three times the amount generated in October, when just 714 terminals were operating across the state.

The revenue is expected to continue to grow as more of the machines come on line. The gaming board has approved more than 600 locations, but operators haven’t yet turned on or installed the terminals in each establishment.

“I don’t know if we’re even halfway there yet,” gaming board spokesman Gene O’Shea said Thursday.

The 2009 law that legalized video gambling allows up to five terminals to be installed in the state’s 21,000 establishments that are licensed to serve alcohol for onsite consumption or are truck stops.

Although it remains early, projections show the state could eventually see an estimated $375 million in annual income from the machines.

At the state level, the proceeds are earmarked for statewide construction projects, including roads, bridges, schools and university facilities. There are no restrictions on what cities can use the money for.

According to the November tally, players pumped $50 million into the terminals and won back $46.3 million.

The numbers also show how much money each establishment generated for local government.

The Village of Minonk, for example, will receive $590 from the five machines installed at the Road Ranger truck stop.

Gambling on the five machines at the Starship Billiard Parlor in Decatur will give that city $3,648 in November.

The Avenue Tap brought in $493 in new revenue for Silvis.

Buck and Cindy’s, with three machines, generated $781 for Taylorville.

The five machines at the Ice House will translate into $1,289 in revenue for Mattoon.

kurt.erickson@lee.net

217-782-4043

Copyright 2015 The Southern. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(2) Comments

  1. antigambler
    Report Abuse
    antigambler - December 17, 2012 9:22 pm
    I'm curious what happened to all the thousands of ILlegal one-armed bandits. Are they still operating?
  2. antigambler
    Report Abuse
    antigambler - December 17, 2012 9:15 pm
    I'm curious what happened to all the thousands of ILlegal one-armed bandits. Are they still operating?
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