The State of Illinois’ share of tax revenues from wagering dropped in the fiscal year that ended on June 30 to $1.215 billion, a 13.4% decrease from FY 2019 levels.
“This decline is in large part due to the negative effects of the pandemic on gaming operations which saw casinos and video gaming play suspended in Illinois from March 16th to June 30th,” according to an annual report released today from COGFA, the Illinois Commission on Government Forecasting and Accountability.
Casino gaming transfers fell from $269 million to $195 million; video gaming tax revenues paid into the Capital Projects Fund droppedfrom $395 million to $376 million;Lottery transfers declined from $735 million to $638 million; and State-related horse racing revenues held flat at $6 million.
All the details you might want are in the COGFA report. Props to it for the reporting and transparency it provides on the gaming industry in Illinois.