Real Money Online Slots Thrive in Suburban Chicago Location
Did You Known Real Money Online Slots Are Thriving in Suburban Chicago Location? The DailyHerald.com is the local online voice for Chicago and its surrounding suburbs, especially in Oakbrook Terrace. In a recent post by Chacour Koop, a DailyHerald.com study discovered that there is one real money video gambling machine for every 46 residents living in Oakbrook Terrace.
You would have to think that this suburban area would be home to a real money casino with hundreds of video gambling games, but that is not the case. One of the facilities mentioned in this report is the Pony Up off-track betting facility. When you add it all up, Oakbrook Terrace has the highest density of video gambling machines to it full-time population than any of the 58 suburban locations that allow real money gambling. This is according to the Daily Herald analysis that was conducted into this matter.
How Are Real Money Online Slots Thriving in Suburban Chicago Location
Numbers can sometimes be deceiving. Given the areas heavily concentrated office space, seven hotels and easy access through four major highways, the daytime population in Oakbrook Terrace could easily top 60,000. The actual number of residents that call this suburban area home is just 2,500. Tony Ragucci is the mayor of Oakbrook Terrace and he was quoted in the report as saying, “If they can’t get to the casinos, they come here.”
Oakbrook Terrace is not the only outlying location that has a high concentration of video gambling machines to full-time residents. It was noted that East Dundee has one video gambling terminal for every 51 residents, which is second-highest on the list. When it comes to the revenue figures for the money taken in by these electronic gambling games, Oakbrook Terrace took in $5 million over the past year according to the Illinois Gaming Board. This resulted in $227,956 in tax revenue for the city. The figures for East Dundee exceeded $3.6 million in gambling revenue with tax revenue for that city topping out at $169,844.
Carol Garritano is the owner of Carol’s Corner Pub in East Dundee. She is a strong proponent of video gambling machines after seeing how much her business has grown since adding the video slot machines. She was quoted as saying, “It’s added a lot. There’s enough to share. It seems like everyone wants to get a little of the profit.”
Will Real Money Online Slots Continue Thriving in The Chicago Suburbs?
When you start to add it all up, the total revenue of video gambling in Chicago suburbs can almost mirror the revenue generated by the brick-and-mortar casinos in the state. When you add up the thousands of real money gambling machines that are located in bars, lounges, truck stops and other legal locations, the total revenue figure for what was taken in verse the money that was paid out was $183.5 million in a year’s time.
According to figures from the Illinois Gaming Board, only Rivers Casino in Des Plaines generated a higher amount of revenue at $433 million in 2017. Second on the list at $183 million was Harrah’s Joliet Casino and Hotel. The state gets 25 percent of any video gambling revenue and the local municipalities receive five percent on that total. Statewide in Illinois, the Daily Herald noted that is one video gaming machine per 444 residents.
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