Illinois is adding casinos, but video gaming terminals pay more than 3X as much tax

Monday, July 17, 2023 8:46 PM
  • Dylan Sharkey, Illinois Policy

Illinois could have two new casinos in Chicago and Cartersville by the end of 2023, marking the third and fourth new casinos of the year after Waukegan and Danville.

But tax revenue isn’t growing as quickly as locations. Illinois casinos brought in more than $30 million in tax revenue during the month of May, slightly up from $29 million from May 2022.

While residents gambling in casinos still brings in revenue, it’s much less than gambling outside casinos. So far in 2023, casinos brought in nearly $96 million in tax revenue for the state and nearly $35 million for local governments, according to the Illinois Gaming Board.

For comparison, the state’s 45,000 video gaming terminals at bars and restaurants brought in $353 million for the state and nearly $61 million for local governments.