Illinois video gaming revenue split. Permit Fee by Municipality. Illinois video gaming revenue split

 
Permit Fee by MunicipalityIllinois video gaming revenue split S

Based on a projected daily income of $70 to $90 per machine, new video gaming receipts would total $3. 0 million - 2020 tax revenue: $350. See full list on pjstar. In six years, the number of Illinois communities banning video gaming has fallen from 63 percent to 36 percent. B. The machines paid out about 92 percent of the amount wagered, or $39. Record lottery sales helped boost Illinois gaming tax revenue to $1. The new year saw a slow start for casinos in the Prairie State, with January’s revenue. , the third largest video gaming terminal operator in Illinois, announced today a settlement. It will still be a 50/50 split of the balance. i . The State receives 29% of the NTI generated from each licensed VGT (of that, 5% goes to the local municipality). Are video games taxable Illinois? In 2019, new gaming legislation increased the state’s VGT revenue split from 25% to 29%. Illinois is on pace for four new casinos in 2023, but the state’s tax payout from video gambling in local bars and restaurants remains a much bigger win. With video gaming terminals generating nearly $2 billion in revenue, some communities in Illinois are looking to get a bigger. PDF CSV. Rick Heidner, who owns Gold Rush Gaming, the third largest video gambling machine operator in Illinois, said the tax would significantly tear into the industry's 5% profit margin. Section 1800. Section 1800. Two-thirds of the amount deposited into the IGLE Fund is appropriated to the Department of Revenue, the Department of the State. Additionally, gambling will be permitted at the state’s three existing racetracks and a. 7% for all VLT at retailers. 31, 2022. CONCLUSION 92. 9Forty-five south-suburban municipalities have collected nearly $7 million in local taxes from video gaming over the past year, with local receipts ranging from $866,082 for Oak Lawn to $1,398 for. e. Illinois gambling tax revenue fell 13. July 17, 2023. The net terminal income of close to $195. During the fiscal year, Illinois generated a total gaming revenue of close to $1. TheUnlike Loves Park, Illinois' gaming recovery is slow as the Commission on Government Forecasting and Accountability reports the state lost nearly $200 million in revenue during fiscal year 2020. This editionThe quiet engine of Illinois gaming revenue, video gaming terminals (VGTs), also sputtered out of the gate to start the new year in comparison to the close of 2021. Overall, local governments lost a fair chunk of their video gaming revenue thanks to the pandemic closures. The new gaming law slightly raised taxes on gross video gaming revenue to 33% this fiscal year and 34% starting this summer, still well below several other states that tax video gaming profits at. 7276%. SHARE ON: LinkedIn. By the end of FY 2014 (June 2014), 17,467 video gaming terminals have become operational across Illinois – up from the 7,920 terminals that were in operation in June 2013. Get the templates for Illinois Providing facilities for game shows that you require using a user-interface built for simplicity and organization. 491. the integrity of Illinois video gaming. 65 million, in winnings to players. These games have rising levels of difficulty, which raises the consumer's desire to play the game. The Future of Illinois Gaming Companies. 18 Miscellaneous Gaming Revenue in Illinois 91 . A portion of the tax is returned to local governments where the tax was collected. In terms of annual revenue, the video gaming market in the U. J. 6 billion was played on Illinois video gaming machines from January 2012 to March 2019. Enjoy your favorite Las Vegas style games, codeta casino online with real money review monthly. In 2019, new gaming legislation increased the state’s VGT revenue split from 25% to 29%. Further, the IGB provides monthly return statistics for Video Gaming. State of Illinois tax share receives 25%. The revenue from the COAMs is split by law between the location, a Master Licensee (which owns and maintains the COAMs) and the State of Georgia. The bill requires the State to its split revenue from gaming expansion into highway spending and new grants for the State Board of Education. Licensed Location: 32. 3. The Illinois Senate passed the gaming expansion bill June 2, 2019, and sent the legislation to the governor’s desk. 75%: Louisiana:How is gaming revenue split in Illinois? The Video Gaming Act has outlined revenue distribution in this way: Net Terminal Income (NTI) is defined as the money put into a VGT minus the credits paid to the player. 08 billion in value by 2028 as it increasingly becomes a pillar of modern entertainment for its global audience. Understanding “how to play with an advantage” on Blackjack, trick to win on fruit slot machines weekly. Parlor chain owners had sued the Illinois Board and the Illinois Machine Gaming Operators Association contending owners and terminal operators should be allowed to. when the costs are equally split between the terminal operator and video. )8 Video Gaming Terminals in Operation in Illinois per Month 35 9 AGR of Illinois Riverboats vs NTI of Illinois Video Gaming Machines 43 10 AGR of IL and IN Riverboats vs NTI of Video Gaming Machines in Chicago Area 45 11 Tax Revenue from Riverboats and Video Gaming in Illinois 47 HORSE RACING 49 Horse Racing Related. For the examination of video gaming machines and associated equipment as required by this Section, the. EXECUTIVE SUMMARY . Licensed Establishments Linked to Terminal Operators. surpassed $85. 1 million despite Hard Rock opening its temporary venue in Rockford,. The new record is up by 35. call us at 312. 07435% to the establishment and 33. The competitive . Watch the latest video reports from the Illinois Gaming Board, covering topics such as casino operations, video gaming revenue, sports wagering and more. and the final third is split between. The bill would hike the state’s 30%. Of the remaining 66% of NTI, a company called Light & Wonder. While being just above Louisiana, Illinois’ tax on video gaming remains well below those in effect in Oregon, Pennsylvania, South Dakota, and West Virginia, all of which have rates of 50% or higher. f) Record Keeping 1) A terminal operator shall maintain records of all goods and services it. Watch now: These Illinois municipalities are looking for a bigger cut of video. A person may not sell, distribute, or lease or market a video gaming terminal in Illinois unless the person has a valid distributor's license issued under this Act. It is comprised of a 15% state gaming tax and a 2. Tax Structure: Internet casino gaming revenue is taxed at an effective rate of 17. Location Application and Forms. Illinois sportsbooks set a record for handle in January and topped $1 billion for the fourth straight month. 15% to the venue and terminal operators; • 29% to the state; • 5% to the municipality or county where the video gaming terminal is located; and, • 0. Bally’s Buoyed By Chicago Casino’s Successes In Q3 Earnings Report. The Act mandates the following percentage splits 33% to the state and municipality, 33. Regular License. More casinos. This aims to raise $45bn to invest. i EXECUTIVE SUMMARY This report is the Commission’s 2021 edition of Wagering in Illinois. 322. . If the legislature had not taken action before wrapping up the session this week, such betting would have ceased July 1. The Illinois Video Gaming Act was enacted on July 13, 2009 to help fund a $31 billion State multi-faceted infrastructure improvement plan. The state’s retail and mobile sports betting operators generated $162. The state’s cut was previously 25%, but was raised to 29% in 2020 following the signing of an omnibus. The operator (Abraham Gaming) covers all capital costs (the video game terminals), and profits after taxes are split evenly between the operator and the host (your business). “More and more local governments searching for additional revenues are turning to video gaming as a new revenue source,” state lawmakers wrote in their “Wagering in Illinois: 2019 Update” report. 5 million in CY 2019. This could bring the total number of video gaming machines in the state to more than 7,000. In 2019, new gaming legislation increased the state’s VGT revenue split from 25% to 29%. Commission on Government Forecasting and Accountability COMMISSION CO-CHAIRS Senator Heather Steans Representative C. 7 million in revenue after winnings were paid out in May, about 9% less than than the $5. UPDATE- Changes to Illinois Video Gaming Law. It will still be a 50/50 split of the balance. (c) Terminal operator. Trustees Once Again Split On Bringing Video Gaming To Plainfield - Plainfield, IL - If the ordinance is passed in the future, businesses licensed for the sale and consumption of liquor could apply. In 2022, 41. Illinois’ tax. $15,000 for three years. The Illinois Gambling Act was enacted on June 28, 2019. 888-862-2235 (Sales) 888-972-2235 (24/7 Service) In Cook County, 31 municipalities do not allow video gaming, two limit it and 89 allow it, according to the Illinois Gaming Board. 15. Video gambling is taxed at a flat rate of 30 percent regardless of how much the industry makes. The NTI for that period is $6. 5 million in CY 2019. $15,000 for three years. 36 billion for fiscal year 2021, which ended June 30, up 11% from the previous year, according to an annual wagering report. $50 for one year. 6% of total video games and esports revenue. Spending on esports is projected to surge at a compound annual rate of 18. A person may not sell, distribute, or lease or market a video gaming terminal in Illinois unless the person has a valid distributor's license issued under this Act. 3%, the decline in video gaming tax revenue was not as severe at -27. A fee of $500. Nothing Outsourced. Get Your FREE Guide Revealing…. 8% to $814. That beat the previous. BELLEVILLE — At Crehan's Irish Pub and Banquet Center in Belleville, the five video gaming terminals brought in more than $196,000 in net income in 2018. 19 Video Gaming Statistics by County Ranking 42 20 Top Municipalities with Video Gaming 43 21 Highest Populated Municipalities without Video Gaming 45 . In January 2022, the statewide average player win percentage was 91. Video Gaming Amendments. Bingo Tax & License Fees. REVENUE POTENTIAL; Marketing; CONTACT; Sales: 815. 22 billion. 6% in. Learn more about the Illinois video gaming market and how Accel Entertainment can help your Illinois establishment profit through slot machines. 8% drop compared to December’s total of $216. 35 billion in operator revenue in 2022, an increase of 13. In August 2023, the retail gaming revenue in the United States amounted to 4. One of them is Quincy, which has added 81 terminals in three years. Video Gaming in Illinois Page 7 Riverboat Year in Review 2018 Page 8 Video Gaming Year in Review 2018 Page 12. The Illinois Video Gaming Act was. Since 2012, the village has brought in more than $370,000. As a result, the total tax revenue for the month was $21 million. Illinois could be losing out on as much as $105 million in tax revenue annually by not legalizing Illinois online casinos. 6 Tax Revenue Collected from Video Gaming Terminals 43 7 AGR of Illinois Casinos vs NTI of Illinois Video Gaming Machines 50 8 AGR of IL and IN Casinos vs NTI of Terminals in Chicago Area 52 9 AGR of IL and IN Casinos vs NTI of Terminals in Chicago Area (Stacked) 52 10 Tax Revenue from Casinos and Video Gaming in Illinois 54 LOTTERY 57 The quiet engine of Illinois gaming revenue, video gaming terminals (VGTs), also sputtered out of the gate to start the new year in comparison to the close of 2021. The Administrator concluded by stating that the combined (video gaming, sports wagering and casino) gaming industry total tax revenue for January 1 through December 31, 2021 (exclusive of December sports wagering amounts) is approximately $1. Limited License. Under the Illinois Video Gaming Act passed in 2012, the operators must split their proceeds evenly with the local businesses. The Act mandates the following percentage splits 33% to the state and municipality,. Twitter. On October 28, 2021, the Illinois House of Representatives voted to pass House Bill 3136 (“HB3136” or the “Bill”) which changes the. Full Compliance with the Illinois Video Gaming Act (230 ILCS 40). Section 1800. A hard copy of the Act can be found in the printed Illinois Compiled Statutes (any publisher), which is available at all law libraries and many public libraries. ILLINOIS GAMING BOARD NOTICE OF ADOPTED AMENDMENTS 1) Heading of the Part: Video Gaming (General) 2) Code Citation: 11 Ill. News. Gaming Locations. 2. What type of fees do I have to pay for Illinois video gaming? One-time Application fee to the Illinois Gaming Board is $100. Revenue on slot machines in barsAs of Feb. Lacking the anticipated revenue from video gaming, Trudy’s Café could not afford to keep the Midlothian and Sauk Village establishments open and had to shut. Report authors estimated that Illinois online casino gaming could have generated anywhere between $622. 9 million was put into Decatur's 403 video gaming terminals in December, with payouts totaling $7. Video gaming netted about $122,000 in tax revenue for Lansing over the fiscal year that ended on April 30, spokesman Ken Reynolds said. Maximum bets placed on each machine will increase to $4 from $2. illinois. Signal: 312-363-7331. The state took 30August 3, 2021. According to video gaming revenue reports from the Illinois Gaming Board, since September 2012, gamblers have wagered almost $34 billion on video gambling machines. 00. S. What is the tax on video games in Illinois? In 2019, new gaming legislation increased the state’s VGT revenue split from 25% to 29%. What We Strive For. 0. show more . 6 billion was wagered on VGTs in December. 7 million generated in March. 9% increase from the $105. 0844. Post author: test15556252 Post published: December 16, 2022 Post category: Uncategorized Post comments: 0 Comments Revenue on slot machines in bars . 5 percent. 00 per terminal. See 230 ILCS 10/5(b)(1). Gaming Tax Forms. C. - Video Gaming Act Illinois Department of Revenue Responsibility Money collected from. SPRINGFIELD — If the state of Illinois wants more revenue from video gaming, one gaming industry executive said Thursday, lawmakers should loo… Decatur collected $6 million from video gambling. How a Terminal Operator assists in the. One of the reasons for the decline is the emergence of other forms of gaming which weren’t available to Illinoisans in 2012. Video gaming machines have been popping up in Illinois bars and restaurants for nearly four years. There are nearly 24,000 video gaming machines in Illinois, and the amount played over the last few years is in the billions of. illinois. There is hereby established a twenty-five dollar ($25. Lottery still top revenue source but video gaming rises most. 57435%. He is an Adjunct Professor ofMATTOON — Five years after the first legalized video gaming machine went online, Illinois now has one terminal for every 481 residents -- a ratio so big, so unexpected thatIn October, Pekin officials approved an update to the city code, assessing a fee of 2. A distributor may only sell video gaming terminals for use in Illinois to persons having a valid distributor's or terminal operator's license. (b) Distributor. Menu. The casino revenue figure was 4. $50 for one year. You should receive a Form W-2G from each sportsbook that paid out to you. Prompt. AN ACT concerning gaming. The Video Gaming Act stipulates that the revenue from the video gaming terminals is split between the State of Illinois which receives 30%, the licensed establishment which receives 35%, and the terminal operator which receives 35%. Illinois Gaming Board Meeting Schedule and Documents Access information about the Illinois Gaming Board Meeting dates, minutes and audio. The justification for levying a gross gaming revenue tax on sports betting operators could be appropriate were it in lieu of the corporate income taxA corporate income tax. The tax on gaming establishment revenue has gone up from 30% to 33%. The gaming market’s worth is predicted to reach $545. 00 paid by the video gaming terminal operator and $250. Based on their audit, the auditors expressed an unmodified opinion on the State Gaming Fund’s financial statements. The law had the following effects: Authorized VGTs at the DuQuoin and Illinois state fairs. 6 billion. Denied Renewal Applicants. The revenue split between Location and Terminal Operator and Location will remain the same, however. Revenue of the U. More than $1. Increased the amount of maximum wagers. S. According to the latest figures from the Illinois Gaming Board, from January through October, Illinois has raked in more than $1 billion in gambling revenue from video gaming, sports wagering and casinos. 8% drop compared to December’s total of $216. 5 percent increase. a great way to scale and build extra Illinois gaming revenue for your business!. If each establishment had the allo If each establishment had the allotted 5 video gaming machines, a potential of 75,000 video gaming machines75,000 video gaming machines could. Illinois’ Video Gaming Act authorized the placement of up to 5 video gaming terminals in licensed retail establishments, fraternal and veteran’s establishments with a liquor license, where permitted by local ordinance. Beginning on July 1,. The Administrator. In July 2009, Public Act 96-0034 became law, legalizing video gaming in Illinois. 9 million in CY 2014 to $72. The current tax rate imposed on video gaming terminals’ (“VGTs”) net terminal income is 30%. The State collects license fees and video gaming taxes from video gaming terminals at locations throughout the state. A manufacturer may only sell video gaming terminals for use in Illinois to persons having a valid distributor's license. 8512% must also be split between. Video game industry revenue growth should continue through 2022 at least, researchers say, when video games are projected to bring in a. S. The Video Gaming Act is amended by changing : 5: Section 35 as follows: 6 (230 ILCS 40/35) 7 Sec. 2024 Election; Nevada; Clark County; Las Vegas; Nation and World; Science and. The owners of two groups operating many of the video gambling establishments in strip malls and other locations across Illinois have sued the Illinois Gaming Board, arguing one board policy and two provisions of the state’s 2009 Video Gaming Act are unconstitutionally depriving them of the chance to negotiate better. provides the latest slot machines in the Illinois video gaming industry and will optimize machine selection for maximum revenue. Video Gaming in Illinois Page 8 Riverboat Year in Review 2015 Page 9 Video Gaming Year in Review 2015 Page 12. Oak Lawn invented the push tax because it was upset that it wasn’t getting a proper cut of VGT revenue. According to the Illinois Gaming Board, the total amount played at video gaming terminals in calendar year 2022 was $31 billion, with players winning approximately $29 billion. Sports betting in Illinois will soon be permitted at racetracks, large sports stadiums, existing casinos, and online. News & Analysis Problem Gambling Funding Bills Face Difficult Legislative Process Following the rapid expansion of sports betting and online gaming in the U. 6 billion to $1. The annual video gaming terminal fee is to be paid to the City on or beforeBetween 2013 and 2017, state revenue from casinos in Illinois declined 15%, from $462 million to $393 million, as income from video gambling machines grew nearly 900%, from $30 million to $300. Tribal Casinos. 94%. 00 paid by the video gaming terminal establishment, beginning March 1 and ending February 28, 2020, and annually thereafter. B. The current tax rate imposed on video gaming terminals’ (“VGTs”) net terminal income is 30%. The state’s share of tax revenue fell by $56 million to about $342 million, despite increasing the video gaming tax rate from 30% to. over the last five years, lawmakers in several states have introduced bills during the 2023 legislative sessions that are designed to increase awareness as well as funding for. Pritzker's plan to raise taxes on revenue from video-gaming terminals, which currently stand at 30 percent. We’re dedicated to making your gaming venture easy. In Illinois, 5 percent of gambling revenue goes to the municipality, 25 percent goes to the state, less than a percent pays for system monitoring, and the rest is split between the business and. Nearly two years later, with no ruling yet, he’s still in business. The VGTs are all connected to and monitored by a Central Communications System. The Illinois gambling expansion bill that Gov. - 2021 tax revenue: $562. While we can’t say exactly how much of an increase in revenue a Missouri establishment will experience by installing video gaming machines, we can reasonably compare it to the Illinois video gaming market. 90 billion, a 10. You can count on Universal Gaming Group to help you increase and maximize your gaming revenue and navigate Illinois gaming regulations. The rest is split among machine operators, business owners, the state, and the community where the machines are located. will be a price to pay if bar owners in Collinsville want video gambling terminals in their establishments, following the City Council's approval Nov. 595 Temporary Identification Badge. 8bn. recurring tax revenue, which would be split between education, capital, local government distributions and other stated purposes. The Illinois Gaming Board submitted this report to the General Assembly on March 30, 2023 that detailed the effect of removing non-cashable vouchers, coupons, and electronic promotions from the AGR calculation on net gaming revenues to the State in calendar years 2020 through 2022, the increase or reduction in wagerers as a result of removing non. According to figures released by the Illinois State Gaming Board, over $2. A distributor may only sell video gaming terminals for use in Illinois to persons having a valid distributor's or terminal operator's license. Overall, the state’s 11 venues generated $1. 6362%. Hochberg did not. 33. The new gaming legislation led to changes in taxes that are imposed on licensees. ILLINOIS GAMING BOARD JB Pritzker • Governor Charles Schmadeke • Chairman Marcus D. Public Act 96-0034 became law, legalizing video gaming in Illinois. For example, the City of Rockford’s “permit fee” is $25. Businesses such as bars and restaurants can have up to 6 slot machines and participate in video gambling activities in Illinois. Stay informed on the latest developments in Illinois gaming news. 9 (a) Each video gaming terminal shall be. Go to Service. There are nearly 24,000 video gaming machines in Illinois, and the amount played over the last few years is in the billions of dollars -- with a b. 5% to the establishment and 32. On the other hand, mobile ad spending accounted for. 110, any applicant to become a licensed video gaming location, any person who the terminal operator has reason to believe may apply to become a licensed video gaming location, and including the video gaming location's owners, employees, agents. Pull Tabs and Jar Games Tax & License Fees. 1 billion, representing 68. Illinois’ tax. The top five video gambling operators control nearly 50% of the market, reaping nearly $1 billion in revenue between 2012 and 2018, according to an analysis of gaming board data. 36 billion for fiscal year 2021, which ended June 30, up 11% from the previous year, according to an annual wagering report. The breakdown of revenue sharing in the Illinois video gaming market. Video gaming revenue declined by about 23% to $1. 19 Video Gaming Statistics by County Ranking 41 20 Top Municipalities with Video Gaming 42 21 Highest Populated Cities without Video Gaming 44 Video Gaming Related Charts: 4 Video Gaming Terminals in Operation in Illinois 35 5 Monthly Net Terminal Income from Illinois Video Gaming Machines 37 6 Net Terminal Income Collected from Video Gaming. Additionally, beginning on. Your terminal operator cannot pay you more than this amount. Moreover, the fee imposed by any home rule or non-home rule unit of government must now be shared equally between the Terminal Operator and. , April 21, 2021 /PRNewswire/ -- Gold Rush Amusements, Inc. Lottery revenue increased 4. Illinois Gaming Board - Video Reports. Illinois; Indiana; Missouri; Nebraska; Near Carolyn; Pennsylvania; Amusement Locations. 7500; 24/7 Service; NEW TO GAMING? Prompt. Revoked Licenses. Decatur had $878 million played on 447 machines since 2012, and today there are 81 establishments with the gaming terminals. revenue, with about 65% of the proceeds split between those two. i EXECUTIVE SUMMARY This report is the Commission’s 2020 edition of Wagering in Illinois. Illinois lawmakers voted to extend in-person betting on in-state college teams until July 1, 2024. The State receives 29% of the NTI generated from each licensed VGT (of that, 5% goes to the local municipality). Illinois Gaming Board. According to the Illinois Gaming Act, a Illinois video gaming terminal operator provides and maintains video gaming machines for licensed locations. The Illinois Gaming Board will assure video gaming terminals are located appropriately within the establishment. , would the subsidiary meet the requirement that it has. The payment was more than $5. 5 billion at Illinois video gambling machines, according to data from the Illinois Gaming Board. 7 million in VGT gaming taxes in 2021. In 2007, when casino revenue peaked at $1. 7 billion in commercial gambling revenue in 2021 alone. That would mean a change to the city's current fee structure: Bars and gaming companies split a $500 fee, but onl…This guide details: How Video Gaming Terminal (VGTs) work. Economic Impact $6. Currently, a location receives 45% of the revenue from each machine. “Ever since its inception, video gaming in Illinois has been on an upward. dollars. One of the reasons for the decline is the emergence of other forms of gaming which weren’t available to Illinoisans in 2012. Some municipalities may impose a “permit fee” for each Video Gaming Terminal (“VGT”) (Slot Machine) or for your establishment in general. Learn about the slot machine business in Illinois and how you can increase revenue using VGT slot machines. Tax Types Tax Rates Fees Bingo Tax and License Fees 5 percent of gross proceeds Regular License $200 for one year Limited License $50 for one year Premise Provider. However, municipalities’ cut was 5% then and remains 5% now. Sometimes you win, sometimes you lose. Stay informed and updated on the state of gaming in Illinois. Sports betting in Illinois will soon be permitted at racetracks, large sports stadiums,. Illinois Gaming Board records show the Underpass gambling machines had a net income of more than $380,000 over the past 12 months — profits that Heidner is required under state law to split 50. 2% of the total. November 6, 2023. 6 billion in. Supplier and Manufacturer License. Illinois bettors wagered over $2 billion at video gaming terminals (VGT) to end the year, helping line the pockets of state coffers. Under the Illinois Gambling Act, the initial Owner’s licence, and any renewal, is valid for a four-year period and subject to a $250,000 renewal fee. 5% for all VGTs at retailers, the lowest report win% every for Illinois. J. As a result, the state received $717. Illinois: Multiple, mobile and retail: 15%: Indiana: Multiple, mobile and retail: 9. Mar 30, 2021. To date, the machines have generated $400 million in municipal tax revenues and $2 billion for the state. Competition. 8% to $814 million, the report said. Published by. 9, there were 28,582 video gaming terminals at 6,403 locations throughout the state, the Illinois Gaming Board reports. The remainder is deposited into the Capital Projects Fund to cover costs related to the state's 2009 capital plan. The Act details how the taxes received from the new casinos will be split among the various municipalities – significantly, the tax revenue from the Chicago casino (subject to appropriation) will be applied to the city’s obligation to fund pension payments. 7 million in tax revenue to localities,. Increased the number of terminals licensees. Check it out for yourself at the Illinois Gaming Board Video Gaming Revenue Reports page. Pritzker has signed into law the far-reaching gaming expansion bill passed by the state legislature early in June, paving the way for the roll-out of regulated sports betting. That’s based on an American Gaming Association study produced by The Innovation Group. 5.