Revenue Drops in May After Illinois Online Casino Hopes End For 2023

Revenue Drops in May After Illinois Online Casino Hopes End For 2023
Fact Checked by Jim Tomlin

Illinois’ casino industry generated more than $122 million in total adjusted gross receipts in May, about a 4.7% decrease from April when total adjusted gross receipts were more than $128 million.

Interestingly, the May 2023 total adjusted gross revenue (TAGR) was up 4.7% compared to May 2022, when it was $116.57 million.

The May decline came in a month when hopes for online gambling Illinois officially ended for 2023. A pair of bills were introduced in the general Assembly early this year but gained no traction before the session ended on May 19.

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Illinois Casino Comparison

May 2023 had just four full weekends compared to April 2023 which had five full weekends.

For May 2023, electronic gaming devices, largely slots, accounted for about $92.38 million of the TAGR while table games produced about $29.66 million in revenue.

The state received more than $23.9 million in taxes while the local share was more than $6.97 million.

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May Illinois Casino Breakdown

The leader in Illinois casino revenue as well as admissions was the same as in the Illinois April casino revenue report.

Among the state’s 13 casinos, Rivers Casino in Des Plaines near Chicago was the runaway leader in TAGR with more than $46.64 million. That was almost four times the next closest casino.

Following Rivers, Grand Victoria Casino in Elgin had almost $12 million in total adjusted gross receipts, and Harrah’s Joliet had more than $10.36 million in TAGR.

The rest of the casinos were (by TAGR): Hollywood Casino Aurora, $7.83 million; Hollywood Casino Joliet, more than $7.31 million; DraftKings at Casino Queen, $6.82 million; FHR-Illinois LLC, $6.39 million;  Par-A-Dice Hotel Casino, $5.647 million; Hard Rock Casino Rockford, $5.609 million; Harrah's Metropolis Casino, $5.607 million; Bally's Quad Cities Casino & Hotel, $4.74 million; Argosy Casino Alton, $2.71 million, and Danville Development, LLC, $365,864 (Danville was open for just six days in May).

The monthly report for April’s Illinois online sports betting and brick-and-mortar outlets has not been released. Sportsbook financial data in the state is usually about a month behind the casino figures.

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Author

Bill Ordine covers state gambling issues for IllinoisBet.com. He was a reporter and editor in news and sports for the Philadelphia Inquirer and Baltimore Sun for 25 years, and was a lead reporter on a team that was a finalist for the Pulitzer Prize in Breaking News. Bill started reporting on casinos and gaming shortly after Atlantic City’s first gambling halls opened and wrote a syndicated column on travel to casino destinations for 10 years.

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