Over the past couple of years, the gambling and betting industries have seen tremendous growth due to the leniency many states such as Illinois are showing. From sports betting to lottery tickets and scratchers, Illinois gambling laws are slowly becoming less harsh and gambling is becoming a more popular form of entertainment across the country.
As Illinois gambling laws have become more lenient over the years, we have experienced an increase in the usage of Illinois slot machines in bars, restaurants, truck stops, and fraternal organizations in Illinois. Licensed Illinois video gaming establishments are following Illinois gambling laws and are obtaining slot machines to grow their business with Illinois gaming revenue. Illinois slot machines allow business owners to bring in new customers who are looking for places to gamble and play video games.
With over 11,000 video slot machines and video gaming opportunities in the Chicago area, the return on investment for the Illinois video gambling industry is staggering. Year after year, licensed Illinois video gaming locations in Chicago and other areas are earning a record-breaking amount of Illinois gaming revenue from video slot machines and Illinois gambling licenses.
Illinois slot machines have an interesting history and can greatly benefit your company’s bottom line, but it’s important to know about the Illinois gambling laws and regulations involved before setting up any games at your establishment.
Fill out the form below to reach a specialist at Awesome Hand Gaming. We will help you obtain video slot machines for your bar, restaurant, truck stop, or fraternal organization.
Games of chance in Illinois dating back to the early 1800s when it first became a state. But back then, any form of gambling was illegal per local laws. The only Illinois gambling or gaming activities to be found were through underground groups or on illegal riverboat casinos.
In the 1920s, Illinois gambling laws and regulations were developed to allow for the legalization of horseracing. Since then, multiple lotteries have been permitted along with the Riverboat Gambling Act of 1990. This opened the door for the ten current casinos located within the borders of Illinois.
About ten years ago, another major turning point in Illinois gambling laws made the state even more progressive and gave individuals the freedom to participate in additional forms of gambling. The Illinois Video Gaming Act was enacted at this time to allow establishments such as bars and restaurants to obtain up to five Illinois slot machines. This Illinois gambling act is enforced and maintained by the Illinois Gaming Board. The Illinois Video Gaming Act is an Illinois gambling law that allows the use of Illinois slot machines in a handful of liquor-pouring establishments. As more Illinois municipalities make the flip to allow video slot machines, Illinois businesses interest in obtaining a gambling license from the Illinois Gaming Board continues to grow.
As stated in the Illinois Video Gaming Act, video slot machines and other video terminals are now legal in the state as long as the location has the necessary licenses. As a premier Illinois Video Gaming Terminal Operator, Awesome Hand Gaming provides access to these slot machines as well as the necessary security, marketing, and legal support. Illinois gaming revenue from these machines are split between the state, terminal operator, and the licensed location.
You may be wondering if it’s okay to have either an antique or video slot machine in your own home. Per Illinois gambling laws, locals are permitted to own slot machines as long as they are at least 25 years old from the present date. But keep in mind, these gaming devices are not to be set up as a mini casino from your home, with Illinois gambling laws declaring they should “not be used in the operation or promotion in any unlawful gambling activity or enterprise.”
Horseracing is yet another well-known form of gambling in Illinois and has been legal since the 1920s. Though it was immensely popular for many years, the industry has slowed recently and has seen a decline in both profits and participation.
After the Riverboat Gambling Act came into effect, riverboat casinos were one of the top streams for Illinois gaming revenue. That is until 2017 when video gaming surpassed the casinos for the first time. Although the industry is declining, riverboats are still collecting around $250 million per year in revenue.
Other types of gambling currently allowed in Illinois:
If you are looking for new ways to improve the bottom line at your bar, restaurant, truck stop, or fraternal organization, Illinois gaming revenue should be added to the top of your options. The profits received from Illinois slot machines under Illinois gambling laws can be used in a number of ways to benefit your business and grow your location. Just a few of these options are:
As an Illinois Video Gaming Terminal Operator, Awesome Hand Gaming is your one-stop shop for everything involved with Illinois gambling laws and video slot machines for your business location. Our goal is to help you reach new heights in Illinois gaming revenue by assisting with the following: