Illinois generated $2 billion in tax revenue from gamblers in the last fiscal year

Gamblers in Illinois added more than $2 billion in tax revenue to the state’s coffers during the last fiscal year.

The most recent “Wagering in Illinois” update from the Illinois legislature’s Commission on Government Forecasting and Accountability also shows gambling tax revenue crossed the $2 billion threshold for the first time in 2024.

The $96 million increase in gambling tax revenue from the previous year represents a 4.8% spike, according to the report. The state’s fiscal year ended in June.

“The most significant increases have come from the video (gambling) and sports wagering industries,” the COGFA report reads. “Other new projects are expected to expand gaming further including the development of three permanent casinos in Illinois, one of which is to be a 4,000-position Chicago casino.”