Chicago is in line for casino gaming soon, but its success is dwindling as video gaming machines and sports betting rise.
The casino industry for decades has been a significant contributor to the Illinois economy, but from 2012 to 2022 its seen a $200 million decline, according to data from the Illinois Gaming Board.
One of the reasons for the decline is the emergence of other forms of gaming which weren’t available to Illinoisans in 2012. Video gaming terminals, for example, have nearly doubled from $395 million in revenue during 2019 to $762 million in 2022.
They allow players to place bets on video poker and slot machines in local bars and restaurants, providing a more accessible and convenient experience than casinos.
Author(s): Dylan Sharkey
Publication Date: 11 April 2023
Publication Site: Illinois Policy Institute