QUICK LINKS: Vending Videos  |  Micromarkets  |

VT Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Operators Date Book

Search:      

Bookmark this site




Issue Date: Vol. 50, No. 7, July 2010, Posted On: 6/19/2010


Experts Forecast 2011 Launch For Illinois Video Gaming


Marcus Webb
Illinois video gaming market, VLT, Video Gaming Act, Illinois coin machine operators, Illinois video gaming launch, Illinois video gaming 2011, video poker

SPRINGFIELD, IL -- Illinois's operator-run video lottery industry will not be able to begin operations until the first quarter of next year or later, a law enforcement expert has told Vending Times.

The Illinois Gaming Board, charged with responsibility for oversight and regulatory enforcement of the planned VLT industry, has just hired 25 investigators who will conduct background checks on operators, locations, distributors, manufacturers and technicians.

"First [the investigators] have to be trained, and then thousands of locations have to be inspected and licensed," the expert said. "Illinois will be lucky to get its first video lottery machines into operation by the first quarter of 2011."

As many as 10,000 locations may apply for gaming licenses under the Video Gaming Act. But most manufacturers and distributors producing and selling terminals might find it quick and easy to update their existing gaming licenses, according to the source.

The Illinois General Assembly passed the Video Gaming Act in July 2009. The controversial measure was intended to create a statewide market of up to 50,000 operator-run video lottery games generating up to $1.5 billion in annual revenues. Some $250 million to $500 million a year would be paid in taxes.


Topic: Music and Games Features

Articles:
  • Chuck E. Cheese's Acquires Peter Piper Pizza
  • TouchTunes Jukebox Exclusive: Bob Seger's New Album 'Ride Out'
  • GameWorks Las Vegas Is Back; Customers Pay With Sacoa
  • Whoa Nellie! Big Juicy Melons: Stern And Whizbang Partner To Build Electromechanical Pinball Machine
  • Herron Furniture Design Students Imagine A New Version Of Brunswick Billiard's Most Iconic Pool Table

Copyright © 2014 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570