Revenue Figures at Illinois Casinos Rise Slightly in October

Revenue Figures at Illinois Casinos Rise Slightly in October
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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.


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

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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