Illinois Casino Revenue Hits New 2022 High in July

People returned to casinos in Illinois based on the report from the Gaming Board. Also, there was a sharp increase in electronic gaming device revenue. Thus, the total Illinois casino revenue in July was $122.9 million.

Over 840,000 guests visited the eleven casinos in the state. It was the most significant number of admissions for a month in 2022. Gambling news reports showed it was 12.8 percent higher than in June. The total revenue was also the current record high for the current year. It was higher than the $122.5 million produced in April. Also, it was 11 percent higher than June’s $110.7 million.

It is likewise the most elevated month-to-month figure post-pandemic and the greatest month for Illinois casinos since they produced $124.3 million in income in December 2019. In addition, it was the second consecutive July where gambling club income bested $120 million, as the year-over-year improvement was an unassuming 2.3 percent versus the $120.2 million earned by operators in the same time in 2021.

Illinois Casino Revenue in July

Illinois Casino Revenue Hits New 2022 High in JulyCasino operators paid $29.7 million in taxes; a 26.8 percent expansion contrasted with June. Also, it should be noted that some casinos have higher tax rates. For example, the taxes in July were 12.3 percent higher than the $26.4 million collected in 2021.

The $773.2 million in club income through the initial seven months of 2022 is 18.9 percent higher contrasted with a similar period in 2021, while the $135.8 million in state charges is $26.7 million in front of last year’s pace. It is a sign to open an online casino in the state.

According to casino tutorials and news sites, the total casino revenue doesn’t include sports betting, which has created $340 million in administrator income. The state also earned $51 million for the year’s first half.

Play casino games with!