What is Illinois Video Gaming?
Illinois Video Gaming is Added Revenue for Your Business
Illinois bars, restaurants, gaming cafes, truck stops and more use video gaming to add revenue to their business. Working with a Terminal Operator, these businesses host Video Gaming Terminals (VGTs), often called video slots, in dedicated areas on the premises. These business’ patrons then insert cash to play the games and any revenue left over after any player winnings is split between the gaming business, the Terminal Operator, and the local and state government.
The revenue generated from video gaming can be significant. In the month of April of 2024, the Illinois Gaming Board (IGB) data indicated an average of more than $9,300 in gross gaming revenue per establishment. Businesses use the revenue from video gaming to make improvements to the establishment, hire new staff, add products or services, or even start new businesses. Video gaming offers patrons an exciting form of entertainment, while offering businesses a reliable source of income.
Here is what you can expect when starting a video gaming business.
Selecting a Terminal Operator for Your Video Gaming Business
Terminal Operators (TOs) help businesses through the process of starting and managing a gaming business for bars, restaurants, gaming cafes, truck stops, laundromats and more. And while most TOs offer the same basic services, no two Terminal Operators are alike. Universal Gem’s unparalleled commitment to service, top-of-the-line equipment, and state-of-the-art partner portal set us apart from the rest of the industry. We will select the best equipment for your location and ensure it is installed to the highest standard.
Additionally, our field service staff is the best in the industry; ensuring your games remain in service and generating the most revenue for your business!
Location is key. Make sure you select the right one.
Not all Illinois municipalities allow video gaming locations, and of those that do, some limit the number of locations allowed to have video gaming. Make sure you are fully informed before you begin the process. Our team stands by to advise you.
Obtaining Your Local and State Liquor Licenses
The Video Gaming Act requires all retail locations wishing to offer video gaming to obtain an Illinois liquor license in order to apply for a Video Gaming License. Both the local and state liquor licenses must allow for the on-premise service of alcoholic beverages. Additionally, establishments are required to carry the requisite insurance as a condition of licensure.
Applying For Your Gaming License
A member of our sales team will meet with you to obtain all the requisite information for your location’s Video Gaming Establishment License. Once submitted, the Illinois Gaming Board requires all owners to be fingerprinted and undergo a thorough background check. Afterwards, an Illinois Gaming Board agent will arrange to meet you and any other owners of your business. The agent will inspect your location, review your licenses and interview all owners. If you have everything in place, your location will be considered for licensure by the Illinois Gaming Board at one of its monthly meetings.
If approved, Universal Gem will install your equipment within 14 days of licensure. Read everything you need to know about the requirements of obtaining your Illinois gaming license.
Running Your Gaming Business
One of the best parts about owning a gaming business is that it does not require a huge investment of your time or resources. That being said, like just about anything, the more you put into it the more you typically get out of it.
As your TO, Universal Gem is dedicated to helping your business thrive. From marketing your business to your local community to quarterly business reviews, to maintenance and service, we’re with you every step of the way. We even provide sweepstakes and giveaways, co-op marketing opportunities and Illinois’ best gaming loyalty program, My Player Perks, to keep your business growing.