Illinois casinos had a successful month in June, generating close to $111 million in revenue.
While there was a slight decrease from May, there was an increase compared to the same month last year.
Illinois June casino revenue
Illinois casinos experienced strong year-over-year growth during the month.
Last month, the state’s casinos earned $110.7 million in revenue, slightly higher than the $105 million earned in June 2021. This represents a 5% increase compared to the previous year.
However, revenue decreased slightly compared to the previous month.
Illinois gambling establishments generated $116.5 million in adjusted gross income in May, representing a 5% decrease in casino revenue compared to the previous month.
Summer gambling slump
It’s not uncommon for casinos to experience a summer decline.
During the warmer months, Illinois residents have a plethora of entertainment choices, which may result in some opting to enjoy the outdoors instead of visiting a casino.
In June, there was a decrease of 50,000 visitors to Illinois casinos compared to May, indicating that some individuals chose to allocate their time to other activities last month.
Despite the summer gambling slump, Rivers Casino Des Plaines still came out as a major victor.
It is not shocking that the property is the largest casino in the state, considering its proximity to Chicago, which provides a steady influx of gamblers to fill the extra space.
In June, the casino generated around $46 million in revenue from a combination of table games and electronic gaming devices. Grand Victoria Casino came in second place with approximately $11 million in revenue for the month.
Casino taxes pass $100 million
Although casino revenue was slightly down in June, the state still reached a significant milestone.
In the month of June, Illinois generated more than $23 million in casino taxes, representing a $700,000 rise from the previous month’s figures.
The addition of June to the total pushed the state’s tax revenue for 2022 past the $100 million mark.
The Illinois market is expected to generate $200 million annually, which is a significant amount of money that will benefit the state’s economy.
