Revenue Figures at Illinois Casinos Rise Slightly in October

Revenue Figures at Illinois Casinos Rise Slightly in October
By Jim Tomlin

The 10 commercial casinos in Illinois combined to bring in $109.1 million in revenue for October, a 2.7% increase over the $106.2 million recorded in September.

The October Illinois gambling figure also holds up favorably in a year-over-year comparison. The state’s casino revenue in October 2020 was $79.1 million; the coronavirus crisis that hit casinos all over the country affected those numbers from 12 months earlier.

CHECK OUT: Key Takeaways from Illinois September Sports Betting Report


The exact October figure, $109,127,634, breaks down to $80,677,369 from electronic gaming devices (EGDs) and $28,450,265 from table games, according to Illinois Gaming Board figures.

For the year so far, Illinois casinos have made $973.5 million in revenue.

Breakdown of Illinois Casino Revenue

The Rivers Casino in Des Plaines, near O’Hare Airport, led the state in adjusted gross revenue (AGR) at $44 million, about 40% of the state total. Rivers made nearly $26.6 million from EGDs and $17.4 million from table games.

Grand Victoria Casino in Elgin was next in AGR at $12.8 million, followed by Harrah’s Joliet at $12 million.

 
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The remaining Illinois casinos, in order of October revenue, were: Hollywood Casino Aurora ($8.83 million), Hollywood Casino Joliet ($7.69 million), DraftKings at Casino Queen ($6.24 million), Harrah’s Metropolis ($5.37 million), Par-A-Dice ($5.36 million), Bally’s Quad Cities ($4.14 million) and Argosy Alton ($2.64 million).

The state share of taxes was $29.1 million and the local share added up to $6.2 million.

 
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Chicago Casino Proposals Submitted

This month, four gaming operators submitted bids to develop a casino and resort in Chicago, making a total of five sites because Bally’s Illinois submitted proposals covering two different sites. The other bidders are Rivers Chicago at McCormick, Rivers 78 Gaming and HR Chicago.

A 2019 gaming law permits one casino license in the city of Chicago. There are also two bidders remaining for a proposed casino in the southern suburbs of The Windy City.

The city council and Mayor Lori Lightfoot must approve of the casino-resort bid, and the winner is scheduled to be announced in 2022.

 
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Author

Jim Tomlin is a writer and editor for IllinoisBet.com. He has been a journalist for 30 years, with experience at publications such as the Tampa Bay Times, Saturday Tradition, Saturday Down South and FanRag.

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