Illinois casinos report $129m in October revenue
Its newest casino brought in $7.6m during its first full month.
The Illinois Gaming Board has released its October revenue report for the state’s casinos. Adjusted gross receipts for the state’s 15 casinos totaled $129m.
Casino revenue for the month fell short of earnings posted during September, dropping by 2.4%. However, casinos in Illinois raked in 11.3% more in revenue year-on-year.
Rivers Casino, Grand Victoria Casino and Harrah’s Joliet Casino & Hotel pulled ahead of the pack as the heavy hitters in October, with revenue reaching $43.3m, $11.8m and $10.1m respectively.
The state’s newest casino, Bally’s Chicago Operating Company, posted $7.6m in October revenue and reported a revenue spike of 13.9% when compared to results from September. The temporary Chicago casino at Medinah Temple welcomed its first guests on September 9.
During the month of October, Illinois’ 15 casinos generated nearly $32.9m in revenue from table games. Rivers Casino, Bally’s Chicago and Grand Victoria Casino grabbed the top three spots in table games earnings.
Rivers Casino also slid into the top spot in EGD (electronic gaming devices) revenue last month. The casino posted close to $26.1m in adjusted EGD earnings. Grand Victoria Casino and Harrah’s Joliet Casino & Hotel held the number two and three spots, bringing in $9.3m and $8.5m respectively.
The state’s casinos submitted more than $32.1m in state taxes during the month of October, along with another $7.7m in local tax payments.
Bally’s said it anticipates opening a permanent Chicago casino by 2026. The new venue will be home to 4,000 gaming positions, as well as to an exhibition hall, 500-room hotel, a 3,000-seat theater and 10 restaurants.
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