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Rivers Casino Reverses Decline in Illinois’ Gaming Income

Since the smoking ban took effect in 2008 Illinois casinos’ total annual adjusted gross receipts have decreased, until Rivers Casino opened in Des Plaines in 2011.

As the first full year of operation for Illinois’ 10th casino comes to an end, the overall impact Rivers Casino has had on the state’s gaming industry and local and state taxes is becoming more clear. Illinois’ newest gaming venue generated more adjusted gross receipts than other casinos in the state every full month in operation since August 2011, according to reports from the Illinois Gaming Board. Admission and gaming tax revenue from the Des Plaines casino contributed to reversing a decline that began in 2008, the first year the ban on smoking in Illinois casinos took effect.

In 2007 the state’s share of admission and gaming taxes was $650,771,000. In 2008 it dropped to $473,738,000, then to $409,501,000 in 2009 and $383,538,000 in 2010.

Rivers Casino, 3000 S. River Road, opened in July 2011, and Illinois’ share of admission and gaming taxes was $400,803,000 that year. That amount has already been surpassed this year.

In 2012 Illinois casinos generated $423,756,000 in admission and gaming taxes for the state, as of the end of November, according to a monthly revenue report from the Illinois Gaming Board. Below is a table with Illinois’ admission and wagering tax revenue from casinos since 2000.

The total adjusted gross receipts for Illinois casinos was $1,476,988,000 in 2011, according to the Illinois Gaming Board, and, as of the end of November, the state’s casinos have generated $1,506,471,000. If Illinois casinos continue at a similar rate in December, they are on pace to generate the most annual adjusted gross receipts and gaming taxes since before the smoking ban took effect in 2007. Below is a table with Illinois casinos’ adjusted gross receipts since 2000.

Rivers Casino produced $29,466,000 in adjusted gross receipts in November, according to the Illinois Gaming Board, which is down slightly from November 2011, when the state’s newest casino brought in $32,039,000. Click here for a month-by-month breakdown of Rivers Casino’s monthly revenue since opening.

While adjusted gross receipts in November 2012 were slightly lower than they were November 2011 at Rivers Casino, according to the Illinois Gaming Board, attendance was slightly higher. In November 2011, 296,751 people went through the turnstiles at the Des Plaines casino; in November 2012, 306,725 people visited Rivers Casino. To view the complete report, visit the Illinois Gaming Board’s website.

Illinois Casinos' Tax Allocations, Admission Tax Plus Wagering Tax Source: Illinois Gaming Board Year State Share Local Share As of the end of November, 2012 $423,756,000 $90,203,000 2011 $400,803,000 $88,651,000 2010 $383,538,000 $82,554,000 2009 $409,501,000 $85,885,000 2008 $473,738,000 $93,105,000 2007 $650,771,000 $115,727,000 2006 $623,852,000 $112,358,000 2005 $644,418,000 $105,278,000 2004 $700,533,000 $101,187,000 2003 $617,798,000 $102,061,000 2002 $555,702,000 $110,399,000 2001 $447,229,000 $107,975,000 2000 $410,329,000 $101,884,000 Illinois Casinos' Adjusted Gross Receipts Source: Illinois Gaming Board As of the end of November, 2012 $1,506,471,000 2011 $1,476,988,000 2010 $1,374,389,000 2009 $1,429,318,000 2008 $1,569,364,000 2007 $1,984,037,000 2006 $1,923,561,000 2005 $1,799,096,000 2004 $1,717,115,000 2003 $1,709,261,000 2002 $1,831,556,000 2001 $1,783,343,000 2000 $1,657,386,000

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Joe Szef December 18, 2012 at 06:10 AM
And will be dead by 2014 if will ripp off costumers with straith flush and the duumie floor menager call mishand.....this issue will be challenge at state gambling board soon but now just be aware of cheaters dealers and floor managers at that casino
Joe Szef December 18, 2012 at 06:13 AM
I will not let go this cheating at rivers. Promise

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