Illinois casino revenue falls as sports betting, video gaming take off
Wednesday 19 de April 2023 / 12:00
2 minutos de lectura
(Illinois).- With a new multi-billion dollar casino now in the works for the city’s downtown area, Illinois Gaming Board data shows casino revenue in the state is down by $200 million over the past decade.
The dwindling casino numbers started to take form in 2012 as video gaming machines and sports betting facilities began to pop up in more spots across the state.
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. Boasting of providing a more accessible and convenient experience than full-fledged casinos, the machines allow players to place bets on video poker and slot machines in local bars and restaurants.
Chicago Mayor-elect Brandon Johnson has made clear that video gaming revenue prominently figures into his plan for the city, which will first need to legalize such machines, with a spokesperson recently telling reporters, “He is a supporter of legalized video gambling as an important revenue source for critical investments in public safety, transportation, housing and other public accommodations.”
At the same time, the rise in popularity of sports betting has been so meteoric that it eclipsed casino revenue $142 million to $140 million in 2022. Overall, state gaming revenue was up to nearly $1.9 billion in fiscal year 2022, the highest ever and almost 39% higher than in 2021.
With the Chicago City Council having green-lighted the Bally’s casino project during the city’s final meeting of the year, the hope is that project could generate as much as $200 million annually for the city once it opens for business in 2026, with the money having already been earmarked for first responders’ pensions.
As the facility, which will include a 500-room hotel and 3,000-seat theater, is being constructed, a temporary casino in Medinah Temple, 600 N. Wabash Ave. is in review for approval to possibly open this summer.
By Glenn Minnis
Categoría:Sportsbook
Tags: casino,
País: United States
Región: North America
Event
SiGMA Central Europe
03 de November 2025
Uplatform Captivates SiGMA Central Europe 2025: Fresh Ideas, Juicy Results
(Cyprus).- At Fiera Roma, where countless booths fought for attention, only one stopped attendees in their tracks and sparked the reaction, “You have to see this”—Uplatform’s standout showcase.
Thursday 20 Nov 2025 / 12:00
SiGMA Central Europe: An Exclusive Conversation with GR8 Tech’s Chief Sales Officer Yevhen Krazhan
(Rome, SoloAzar Exclusive).- In this interview, Yevhen Krazhan, Chief Sales Officer at GR8 Tech, discusses the cutting-edge products and solutions showcased at SiGMA Central Europe, the audience’s enthusiastic response, and how GR8 Tech is carving out a strong position in high-growth regions such as MENA, Africa, and Latin America.
Thursday 20 Nov 2025 / 12:00
Belatra Showcases Innovation and Expansion Strategy at SiGMA Central Europe
(Rome, SoloAzar Exclusive).- Belatra Games made a powerful impression at SiGMA Central Europe, where Chief Marketing Officer Kateryna Goi unveiled the company’s latest titles and strategic vision. The booth buzzed with excitement as visitors explored novelties such as Long Neck Fortune, Goose Boom Bang, and Fortune Mummy, alongside the centerpiece attraction—the Mummyverse, a connected universe of thrilling slot experiences. Read more about company’s growth and future expansion across Europe.
Wednesday 19 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.