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VLTs Going 'Hog Wild,' Says Illinois Gaming Board

Posted On: 1/7/2013

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TAGS: amusement business, coin machine business, Illinois video lottery, video poker, operator-run video lottery terminals, Illinois Gaming Board, Gene O'Shea

SPRINGFIELD, IL -- Earnings for operator-run video lottery terminals are "going hog wild," said a spokesman for the Illinois Gaming Board.

Statewide gross revenues in November, the first full month of VLT operations, exceeded $12.2 million, from which the machines kept $3.8 million. Of this, the state received 25% ($957,333) and municipalities were paid 5% ($191,466), according to a monthly IGB report. Operators and locations split the remaining balance.

Gene O'Shea told local news outlets that IGB is unsure whether per-machine totals will remain as high as current numbers indicate. | SEE STORY

But he said player confidence in state-regulated games could be generating more play and that the market has yet to hit its ceiling as new locations come online each week.