illinois video gaming revenue split. "This is a big win for Scientific Games as Illinois could grow to be the largest video gaming network in the country with the potential for up to 60,000 terminals," said Brennen Lawrence, Vice. illinois video gaming revenue split

 
"This is a big win for Scientific Games as Illinois could grow to be the largest video gaming network in the country with the potential for up to 60,000 terminals," said Brennen Lawrence, Viceillinois video gaming revenue split call us at 312

Recent NewsArcade games are coin-operated machines that can be found in public venues such as game parlors, amusement arcades, and shopping malls. That is truly a staggering sum. As of February, there were more than 45,100 video gambling terminals across more than 8,200 venues throughout. 0844. A patron plays a video gaming machine at Coz's Pizza in Mount Zion. Illinois recently passed the Video Gambling Act to allow video gambling for establishments with liquor licenses including bars, restaurants, and veteran organizations. 5% community investment obligation. Minimum requirements for licensing and registration. 2. 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. Illinois Video Gaming Myths #3: If You Shop Around, You Can Find a TO Who Will Give You a Cut Rate. Video Gaming Application Fee: $500. The Illinois Gaming Board reported casino revenue of nearly $104 million and video gaming terminal revenue of $205. 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. 37 million in profits. Go to Service. In 2022, social and casual gaming revenue in the U. As used in this Act: 8 "Board" means the Illinois Gaming Board. Tax Structure: Internet casino gaming revenue is taxed at an effective rate of 17. The Illinois rules allow for so-called “puffery” promotions, according to the gaming board, such as “best bar in town” or “best nachos south of I-80. . Illinois Gaming Board Meeting Schedule and Documents Access information about the Illinois Gaming Board Meeting dates, minutes and audio. 94%. Get gaming in your establishment the right way. 7 AGR of Illinois Casinos vs NTI of Illinois Video Gaming Machines 47 8 AGR of IL and IN Casinos vs NTI of Terminals in Chicago Area 49 9 AGR of IL and IN Casinos vs NTI of Terminals in Chicago Area (Stacked) 49. But history shows a big rebound when those services reopen. The Future of Illinois Gaming Companies. Watch now: These Illinois municipalities are looking for a bigger cut of video. Comparison to IL. IGB. 3 billion (FY 2022). 08 billion in value by 2028 as it increasingly becomes a pillar of modern entertainment for its global audience. 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. 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. 455. You can count on Universal Gaming Group to help you increase and maximize your gaming revenue and navigate Illinois gaming regulations. Even if no costs are split, a TO must still file a report. The gambling opportunities here are not as abundant as those in states like Nevada, but this hardly impedes the growth of the local industry. The State collects license fees and video gaming taxes from video gaming terminals at locations throughout the state. 03 billion that was bet on sports in Illinois in. Additionally, beginning on. " " Even if the administrative fees had met projections, regulating video gambling has turned out to cost far. Competition. Video Gaming Applications & Forms. Licenses for the operation of at most five VGTs can be given to retail establishments that serve. Sat, Dec 23, 2017. The bill requires the State to its split revenue from gaming expansion into highway spending and new grants for the State Board of Education. A fee of $500. 5 billion at Illinois video gambling machines, according to data from the Illinois Gaming Board. The Video Gaming Act is amended by changing : 5: Sections 5 and 60 as follows: 6 (230 ILCS 40/5) 7 Sec. Illinois passed the Video Gaming Act in 2009, enabling individual municipalities to allow VGTs. Learn about the slot machine business in Illinois and how you can increase revenue using VGT slot machines. Illinois Video Gaming Revenue Split. Tournament, Tournaments & Promotions. Video gaming terminals, for example, have nearly doubled from $395. The State of Illinois VGT Revenue. 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. Jobs Supported 25,784. According to figures released by the Illinois State Gaming Board, over $2. The tax revenues collected from the state gaming tax has steadily increased from $17. Gaming Locations. A January 2019 report by ProPublica showed a very different take on VGTs in Illinois, however. 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. When COVID-19 pulled the plug on Illinois gambling, it took away a reliable source of money for municipalities. The reason being the tax rate imposed on video gaming net terminal income was increased on July 1. 2140 New Section 1800. S. Municipality tax share receives 5%. 00 paid by the video gaming terminal establishment, beginning March 1 and ending February 28, 2020, and annually thereafter. video game industry 2017-2023. The IGB Administrator serves as the agency's chief executive and directs daily. According to data from the Illinois Gaming Board (IGB), total adjusted gross receipts for February totaled $115,016,246. Slot machines continue a 2023 hot streak. 230 ILCS 10/5(b), 40/78. There is hereby established a twenty-five dollar ($25. Revenues to state coffers rose from $638 million to $786 million. 6 billion in. News Section. 8% to $814. The Illinois Gaming Board will assure video gaming terminals are located appropriately within the establishment. (The completed affidavit must be emailed to IGB. 8 million. Enjoy your favorite Las Vegas style games, codeta casino online with real money review monthly. 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. 90 billion, a 10. Municipality tax share receives 5%. IGB. This marks the first $60 billion year for the commercial gaming sector, passing the previous record of $53. 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. The remainder is deposited into the Capital Projects Fund to cover costs related to the state's 2009 capital plan. The revenue split is written as Illinois law and mandates 29% to the state, 5% to the municipality, and approximatly 32. State gaming revenue and tax totals do include internet(b) Distributor. 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. 5 million represented a 9. 10 billion in 2023, growing at a CAGR of 8. 8% to $814 million, the report said. A distributor may only sell video gaming terminals for use in Illinois to persons having a valid distributor's or terminal operator's license. 249 billion for operators during the 16-month period beginning on Feb. Trustees Once Again Split On Bringing Video Gaming To Plainfield - Plainfield, IL - If the ordinance is passed in the future, businesses licensed for the sale and consumption of liquor could apply. The tax revenues collected from the state gaming tax has steadily increased from $17. However, when combined with video gaming totals,. One of the reasons for the decline is the emergence of other forms of gaming which weren’t available to Illinoisans in 2012. Get gaming in your establishment the right way. Check it out for yourself at the Illinois Gaming Board Video Gaming Revenue Reports page. Of the revenue generated in May, $544,234 goes to. Further, the IGB provides monthly return statistics for Video Gaming. 9 million to each government for the. Rule 350 was approved by the Illinois Joint Committee on Administrative Rules (JCAR) at its February 17 th, 2021 meeting, and. 6 billion. AN ACT concerning gaming. The story behind the push tax in Illinois. 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. Video gambling is taxed at a flat rate of 30 percent regardless of how much the industry makes. Illinois Governor J. Earliest revenue data was reported for March 2020 . 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. New legislation allows licensed, designated “large truck stops” to have up to ten VGTs. 19 Video Gaming Statistics by County Ranking 42 20 Top Municipalities with Video Gaming 43 21 Highest Populated Cities without Video Gaming 45 Video Gaming Related Charts: 4 Video Gaming Terminals in Operation in Illinois 37 5 Net Terminal Income Collected from Video Gaming Terminals 39 6 Tax Revenue Collected from Video Gaming Terminals 39 Illinois Policy confirmed that “ [VGTs] have nearly doubled from $395 million in revenue during 2019 to $762 million in 2022. If we look at a snapshot of things year. 7. Close to half favored a 10% or 15% split, while nearly a fifth said a 5% or 10% split would be fairer. Illinois Video Gaming Revenue Reports. Your terminal operator cannot pay you more than this amount. 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. If your video slot machines malfunction, this may impact the Illinois gaming revenue that your bar or restaurant earns for the month. 2110 New Section 1800. It will reach $376. show less . Collections from video slot machines posted the biggest gains this year, rising 6. Revenue from video gaming entertainment is split between the business/organization, municipality, and. gov, average location. 5% community investment obligation. However, video gaming is now a close second source of revenue, with $762 million being collected in FY2022. 491. By the end of FY 2014 (June 2014), 17,467 video gaming terminals have become operational across Illinois – up from the 7,920 terminals that were in operation in June 2013. revenue, with about 65% of the proceeds split between those two. Code 1800 3) Section Numbers: Adopted Actions: 1800. By the end of 2015, there will be approximately 20,730 gaming terminals. A ILLINOIS GAMING ESTABLISHMENT CAN make approximately how much revenue per year? The average video gaming revenue generates $75,000 in commission every year. 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). CONCLUSION 91. News & Analysis Problem Gambling Funding Bills Face Difficult Legislative Process Following the rapid expansion of sports betting and online gaming in the U. Prompt. Source: IGB Monthly Revenue Reports. 17 Video Gaming Statistics by Illinois County 40 18 Video Gaming Statistics per County Population 41 19 Video Gaming Statistics by County Ranking 42. 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. In 2022, gamblers wagered roughly $10. $500 for one year. “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. 19 Miscellaneous Gaming Revenue in Illinois 92 CONCLUSION 93. 8512% must also be split between. Bally’s Buoyed By Chicago Casino’s Successes In Q3 Earnings Report. The 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. provides the latest slot machines in the Illinois video gaming industry and will optimize machine selection for maximum revenue. The payment was more than $5. illinois. 8513%. Get to Know Illinois Video Gaming Act of 2021. 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. Illinois Gaming: Changes to Illinois Casinos. Illinois RTP is at an all-time low spanning the last decade. 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. revenue, with about 65% of the proceeds split between those two. "This is a big win for Scientific Games as Illinois could grow to be the largest video gaming network in the country with the potential for up to 60,000 terminals," said Brennen Lawrence, Vice. CONCLUSION 92. Your terminal operator cannot pay you more than this amount. 89 million in. In September, these VGTs generated a Net Terminal Income (NTI) of over $236. In August 2023, the retail gaming revenue in the United States amounted to 4. The Monthly Casino Revenue Reports and the corresponding Comma Separated Values (CSV) File agree to Illinois Gaming Board data. 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. (c) Terminal operator. Illinois gambling tax revenue fell 13. $5,000 for one year. Get in touch with us now. However, municipalities’ cut was 5% then and remains 5% now. Licenses and Fees. Sayad said he would vote in favor of allowing video gaming throughout Des Plaines as long as it does not. 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. It is comprised of a 15% state gaming tax and a 2. The move came in an effort to not only raise revenue, but also crack down on video gaming. “We are your partner every step of the way. A manufacturer may only sell video gaming terminals for use in Illinois to persons having a valid distributor's license. The Act mandates the following percentage splits 33% to the state and municipality,. In 2007, when casino revenue peaked at $1. 19 Video Gaming Statistics by County Ranking 42 20 Top Municipalities with Video Gaming 43 21 Highest Populated Municipalities without Video Gaming 45 . That’s not chump change. The act permitted video gaming in establishments with an on-premise consumption liquor license. 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. (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. Revenue on slot machines in barsAs of Feb. Illinois Gaming Board administrator Marcus Fruchter filed the third complaint against video gambling terminal company Lucky Lincoln Gaming on May 12. Denied Applicants. Display of license; confiscation; violation as : 8: felony. 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. 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. Video gaming machines starting spewing out the green in the fall of 2012. 7 billion in commercial gambling revenue in 2021 alone. Businesses such as bars and restaurants can have up to 6 slot machines and participate in video gambling activities in Illinois. Are video games taxable Illinois? In 2019, new gaming legislation increased the state’s VGT revenue split from 25% to 29%. BUFFALO, N. The state’s cut was previously 25%, but was raised to 29% in 2020 following the signing of an omnibus gaming. The Prairie State is home to various gaming vendors and commercial. Revenue growth in total land-based gaming—encompassing casino slots, table games and retail sports betting—accelerated from 0. 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. Last updated on: May 21, 2020, 10:32h. 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). For the examination of video gaming machines and associated equipment as required by this Section, the. 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. Mọi người cũng hỏi. In 2015, Illinois riverboats generated $196 million in revenue, down from an all-time high in 2005 of $699 million. , the third largest video gaming terminal operator in Illinois, announced today a settlement. Location owners in Illinois are earning an additional $121,000. 5 million represented a 9. dollars) [Graph], American Gaming Association, May 16, 2023. To date, the machines have generated $400 million in municipal tax revenues and $2 billion for the state. 18 Miscellaneous Gaming Revenue in Illinois 90 . The state’s retail and mobile sports betting operators generated $162. 2 billion and $1. The IGB consists of five Board Members appointed by the Governor and confirmed by the Senate. 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. S. Education; Politics and Government. Licensees. US Legal Forms is the industry leader in affordable access to state-specific form templates. 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. - Video Gaming Act. 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. Location License Web Application (for help, see the Location Application FAQs ) Truck Stop and Large Truck Stop Affidavit. 6% in. Currently, there are ten casinos operating throughout the State of Illinois. 03 Billion. (Chris Sweda / Chicago Tribune) It’s illegal in Illinois for operators to own both a video gambling cafe and the. 57435%. • 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. IGB. 6 billion to $1. For. These games have rising levels of difficulty, which raises the consumer's desire to play the game. Locally, video gaming exists in Lansing and Calumet City. 4 million for April, a 15. 8 million. Offerings First Column. Board members are tasked with, among other things, reviewing applications for gaming licenses and making approval determinations, as well as renewing and revoking. If we look at a snapshot of things year. TruckStop@illinois. How many video gaming terminals will be allowed. Learn more about the Illinois video gaming market and how Accel Entertainment can help your Illinois establishment profit through slot machines. Bingo Tax & License Fees. Earlier this year, the Illinois Gaming Board (IGB) implemented Administrative Rule 350. Oak Lawn Trustee Paul Mallo told. Online wagering began on June 18, 2020 and in-person wagering resumed on July 1, 2020. Based on a projected daily income of $70 to $90 per machine, new video gaming receipts would total $3. Raking in more than $833 million, lottery. Gaming Board members and staff are prohibited from gambling in Illinois casinos. 31, 2022. 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. 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 billion, the industry paid about $819 million in taxes, a rate of 42 percent. 6362%. 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. Video Gaming License Fee: $1000. Licensed locations generate over $72,000* in additional revenue each year, on average! Plus, video gaming adds an additional amenity to your patrons! *igb. That’s how much the Illinois Gaming Board says was wagered in the video gaming terminals in Kewanee in the year that ended Oct. Slots. 9% increase from the $105. The Illinois State Fair can now operate up to 50 VGT’s; the DuQuoin State Fair can operate up to 30. Permit Fee by Municipality. By BRITTANY KEEPERMAN. 0 million - 2020 tax revenue: $350. Through the end of June, that’s meant more than $1. The tax on gaming establishment revenue has gone up from 30% to 33%. A distributor may only sell video gaming terminals for use in Illinois to persons having a valid distributor's or terminal operator's license. 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. For February, the 11 gaming facilities reported over $115 million in total gaming revenue. 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. J&J Gaming App; 3D Rendering; Amusements. The net terminal income of close to $195. Since it began in 2012, video gaming has mushroomed. This article originally appeared on Illinois Policy . In December alone, Illinois municipalities that offer video gaming shared $1. The numbers were released today by the Illinois Gaming Board. Location Application and Forms. Can you believe that video gaming has been legal in Illinois for ten years already? It seems like just yesterday the Video Gaming Act was only a far-off dream for Illinois politicians. 9 billion going into its coffers. The competitive . The study, released in November 2022, estimates that more than $4 billion in taxes are lost each year in the United States. The State receives 29% of the NTI generated from each licensed VGT (of that, 5% goes to the local municipality). 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’. Updated 9/28/2022 11:37 AM. 4% in FY 2020 due to pandemic shutdown, with casino revenue the hardest hit, according to the state. com This guide details: How Video Gaming Terminal (VGTs) work. 21 Miscellaneous Gaming Revenue in Illinois 91 CONCLUSION 92. In 2022, 41. November 6, 2023. 888-862-2235 (Sales) 888-972-2235 (24/7 Service) Offerings. CONCLUSION 92. IL Video Gaming is Added Revenue. 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. 07435% goes to the Location, the same amount goes to the TO, 33% goes to the State and municipality and 0. January 18, 2022. Municipalities with the machines brought home a share of $135. 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 average location in the state of Illinois makes $212,133 annually from video gaming *Based on the 2022 Illinois Gaming Board annual revenue report. For completeness, here is the revenue split by Microsoft’s segments. That left $3. See all New York Reports. If you’re interested in. Illinois sportsbooks set a record for handle in January and topped $1 billion for the fourth straight month. 5 million into. Net Terminal Income (NTI) is defined as all monies. i EXECUTIVE SUMMARY . Currently, a location receives 45% of the revenue from each machine. In fiscal year 2019, Illinois’ 32,000 video gaming terminals yielded nearly $1. Collections from video slot machines posted the biggest gains this year, rising 6. 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. In six years, the number of Illinois communities banning video gaming has fallen from 63 percent to 36 percent. Sports betting in Illinois will soon be permitted at racetracks, large sports stadiums,. 1 billion, representing 68. Oak Lawn invented the push tax because it was upset that it wasn’t getting a proper cut of VGT revenue. (b) Distributor. When. Y. The tax revenue will continue to contribute to the State’s Capital Projects Fund. 71 billion in 2022, a 9. 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. SHARE ON: LinkedIn. Video Gambling Machines in Illinois. PC video gaming software sales revenue worldwide from 2008 to 2025, by category (in million U. 8 billion was taxed of. Update March 21, 2020: On Friday, March 20, Governor Pritzker announced a "Stay at Home" directive for Illinois beginning Saturday, March 21st at 5 PM until midnight April 7th. The rest is split among machine operators, business owners, the state, and the community where the machines are located. Regular License. The new year saw a slow start for casinos in the Prairie State, with January’s revenue. That’s based on an American Gaming Association study produced by The Innovation Group. According to the Administrator, there are 8,425 licensed video gaming locations operating in Illinois offering approximately 46,740 Video Gaming Terminals (VGTs). Limited License. VGTs is split up as follows (and illustrated in the following chart): Establishment (35%), VGT Operator (35%), State Tax (25%), and Municipal Tax (5%). 00 per VGT per year, whereas Orland Park charges an annual fee of $1,000 per. 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. 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). $5,000 for one year. Prompt. 2120 New Section 1800. 037 billion to the State and approximately $194. Doug. J. This alert provides a general summary of the gaming expansion bill followed by. A $43 million local industry, to be exact. ILLINOIS GAMING BOARD JB Pritzker • Governor Charles Schmadeke • Chairman Marcus D. implementing and enforcing the Illinois Video Gaming Act, 230 ILCS 40/1 et seq. 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. 2 Be it enacted by the People of the State of Illinois, 3: represented in the General Assembly: 4 Section 5. The number of video terminals. (b) Distributor.