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Illinois Casinos Celebrate Record $141.2M Revenue in December

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Illinois Casinos Hit a High Note with Record-Breaking December Revenue

Illinois casinos ended 2023 on a high note, with an impressive revenue boost in December, marking significant growth both month-over-month and year-over-year. The Illinois Gambling Board reported that the state’s 15 casinos collectively raked in $141.2 million from table games and slots, underscoring a thriving gaming sector.

Substantial Growth in Gaming Revenue and Tax Contributions

December’s gaming revenue exceeded November 2023’s total by approximately $11 million, showcasing a 7.7% increase. This growth was even more pronounced when compared to December 2022, with an astonishing 19% rise, translating to nearly $27 million in additional revenue. Consequently, these robust earnings led to substantial tax contributions to the state, totaling $37.8 million.

Rising Visitor Numbers and Admissions

The surge in revenue was accompanied by an increase in casino visitors. December saw nearly 1.1 million guests visiting Illinois casinos, a notable 30% jump compared to the same month the previous year. The month also observed a 10% increase in admissions over November, indicating a growing interest in the state’s gaming offerings.

Rivers Casino Des Plaines: A Major Contributor

Rivers Casino Des Plaines emerged as a standout in December, contributing more taxes than any other casino’s total earnings in Illinois. Attracting over 279,106 visitors, the casino represented more than a quarter of all state casino admissions for the month. Its impressive $45.4 million in adjusted gross revenue (AGR) accounted for 32.2% of Illinois’ total casino revenue.

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Significant Tax Contributions from Top Casinos

The tax contributions from Illinois casinos saw a substantial uptick in December. The top three casinos, in terms of revenue and tax contributions, were:

  1. Rivers Casino: $16 million in taxes ($2.6 million in local taxes).
  2. Grand Victoria Casino: $3.8 million in taxes ($716,685 in local taxes).
  3. Harrah’s Joliet Casino and Hotel: $3.3 million in taxes ($583,503 in local taxes).

A Banner Year for Illinois’ Casino Industry

December’s performance caps off a successful year for Illinois’ casino industry, characterized by robust revenue growth, increased patronage, and significant contributions to state and local coffers. This upward trend reflects the state’s dynamic gaming landscape and positions Illinois as a key player in the national casino market.

Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

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Veikkaus Teams Up with Playtech to Elevate Live Casino Experience

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Revolutionising Live Casino Gaming: Veikkaus Partners with Playtech

In a groundbreaking move set to redefine the live casino gaming experience, Veikkaus, Finland’s state-owned gaming giant, has joined forces with Playtech, a leading iGaming content provider renowned for its cutting-edge live casino offerings. This strategic partnership heralds a new era of innovation and immersion in the Finnish iGaming market, promising players an unparalleled gaming adventure. Let’s delve into the details of this transformative collaboration and its implications for the future of live casino gaming in Finland.

Elevating the Live Casino Experience: A Strategic Alliance

Veikkaus and Playtech have embarked on a visionary collaboration aimed at enhancing the live casino landscape in Finland. With Playtech’s expertise in delivering premium live casino content and Veikkaus’ unparalleled market reach, this partnership sets the stage for a revolution in immersive gaming experiences.

A Long-Term Commitment to Innovation

This partnership isn’t just a short-term endeavour; it’s a strategic commitment to long-term innovation and growth. With an initial agreement spanning six years and the flexibility for renegotiation, Veikkaus and Playtech are poised to drive continuous evolution in the live casino sector, ensuring that Finnish players always have access to the latest and most thrilling gaming content.

Customised Gaming Solutions: Tailored for Finnish Players

Central to this collaboration is the creation of a bespoke, Veikkaus-branded studio that caters specifically to the preferences and expectations of Finnish players. This dedicated studio will feature Finnish-speaking live dealers, offering a personalised and authentic gaming experience across a diverse range of casino classics, including roulette and blackjack.

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Embracing Innovation: Playtech’s Expertise in Action

Fredrik Sylvander, Commercial Director at Playtech, expressed enthusiasm for the partnership, emphasising Playtech’s commitment to delivering exceptional live casino experiences. By leveraging Playtech’s extensive network of live games and expertise, Veikkaus aims to elevate its offerings and provide players with unparalleled entertainment.

A Visionary Leap: Veikkaus’ Perspective

Riikka Seppänen, VP of iCasino at Veikkaus, echoed Sylvander’s sentiments, highlighting the meticulous selection process that led to Playtech’s appointment as a partner. With Playtech’s support, Veikkaus is poised to offer Finnish players an immersive and authentic gaming environment, setting new standards for excellence in the industry.

A Holistic Approach: Strengthening Player Protection

Beyond enhancing the gaming experience, Veikkaus remains steadfast in its commitment to player protection and responsible gaming. As part of its holistic approach to gaming, Veikkaus continues to prioritize initiatives aimed at promoting player well-being and ensuring a safe and secure gaming environment for all.

Driving Innovation Forward: A Look to the Future

As Veikkaus and Playtech forge ahead with their groundbreaking collaboration, the future of live casino gaming in Finland shines brighter than ever before. With a shared vision of innovation, excellence, and player-centricity, this partnership is poised to reshape the gaming landscape and deliver unparalleled entertainment to Finnish players for years to come.

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Conclusion: The partnership between Veikkaus and Playtech marks a significant milestone in the evolution of live casino gaming in Finland. By combining their expertise and resources, these industry leaders are set to redefine the standards of excellence in the Finnish iGaming market, offering players an immersive, personalised, and unforgettable gaming experience. As the collaboration unfolds, the stage is set for a new era of innovation, excitement, and boundless possibilities in live casino gaming.

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