Hearty Illinoisans, the first revenue report of 2015 has been released by the Illinois Gaming Board and as January lives up to the slow month reputation in (not-so) surprising ways. The Net Terminal Income was $65,443,002.03 down from December’s $66,812,021.91. The daily average per machine slid down $1.98 to $110.38 for 19,125 machines statewide.
The really interesting numbers are the number of machines and establishments, because they dipped for the first time since this industry was green-lit. IL lost 28 locations and 57 money making machines. Although this has never happened, it is not a cause for alarm. This occurred because there have not been any IGB board meetings and new locations have not been approved for 2 months. Expect this to change shortly as Governor Rauner has appointed a new chairman and another member for the IGB board and we are finally at the magic minimum number of 3 board members.
Illinois earned $16,360,750.51 in January and is the 12th month in a row of an eight digit figure for the frozen Land of Lincoln.
January is usually a low month for Video Gaming however, these numbers are gangbusters compared to last year’s report. in 2014 the AVG NTI was $85.96 and this year it was nearly $25 higher at $110.38. February numbers are looking strong as expected, it will be very interesting to see the state numbers in 4 weeks or so.