Table Games Up, But Total IL Casino Revenue Down In November
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Illinois Gaming Board reports $114 million in casino gaming revenue in November. The total was 1.7% lower than the $116 million generated in October. Admissions to the state's 11 gaming venues dropped 4.3% to 770,693. However, the average admission cost was 2. 7% higher. Net terminal income from video gaming terminals (VGTs) was down 4%.
Grand Victoria Casino in Elgin recently completed a $4 million renovation. The per-admission revenue at the suburban Chicago casino in November reached a 2022-high at 94,990. Hollywood Casino also had a year-best month for table games revenue surpassing $2 million for the first time since last December. Riverside Casino reported a fourth consecutive month of declines in table game revenue.
Table Games Revenue Up, But Total IL Casino Revenue Down In November. Hard Rock surpassed $5 million in revenue for the first time since its all-time high of $ 5.1 million. Grand Victoria had the biggest month-over-month gain at 8% to more than $13.8 million, and Harrah's in Joliet had a 1.9% increase to $11.4 million as the slot revenue increased. Argosy Casino in Alton had sharpest decline in November, dropping 16. 9% compared to October. Rivers paced all venues with $45.5m in total revenue, a decline of 2.2% from the previous month and 8. 8%.
Illinois' November casino revenue was down. The decline is due to economic headwinds. November's total was the second-lowest of 2022. There are 44,683 terminals in operation statewide in November. NTI for 2022 will surpass $2.5 billion. For the first 11 months of 2021 NTi was $ 2.48 billion, 9.7% higher than in 2021.
