The snow is melting, the birds are chirping and Opening day is just a few weeks away. There is another reason for optimism in Illinois, because the Video Gaming Terminal numbers for February were released and this was a great report. This was by far the best revenue report that the state has ever seen and it was in a shortened month that saw some very nasty weather. The Net Terminal Income was $68,486,056.74 up from January’s $65,443,002.03. The daily average per machine exploded to $128.27 for 19,069 machines statewide.
The revenue was up even though this was the second month in a row that the state lost locations (32) and machines (56). This is a trend that is likely to stop in April because we will have the first IGB board meeting in three months at the end of March.
Illinois earned $17,121,514.19 in February from The Video Gaming Terminal Industry and $16,383,987 from the Riverboat Casino Industry. The VGT Industry is now contributing more money to state coffers and the industry is less than 2.5 years old.
February is traditionally a strong month for the VGT industry and we are following that pattern yet again. In February 2014 the AVG NTI was $105.93 and 2015’s trumped that number by over $22. Expect the March numbers to be even higher.