Illinois Gaming Board Casino Revenue

The Illinois Gaming Board administers a regulatory and tax collection system for riverboat casino gambling and video gaming in Illinois. Stay Informed. Emergencies & Disasters. Access information about monthly revenue data for Video Gaming statewide, by municipality, or establishment. The Illinois Gaming Board administers a.

The Illinois Department of Revenue (IDOR) is the code department^[1][2] of the Illinois state government that collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distribution of alcoholic beverages throughout Illinois, including beer, wine, and liquor.^[3] It is headquartered at the Willard Ice Building Located at 101 W Jefferson in Springfield, Illinois.

History[edit]

The Illinois Department of Revenue has increased in size in line with the creation of new taxes within the state and the expansion of existing taxes. A gasoline tax was enacted in Illinois in 1927, the sales tax was enacted in 1933; the state income tax was enacted in 1969, and the first lottery tickets were sold in 1974 in the state capital of Springfield.^[4]

In fiscal year 2007, the Illinois Department of Revenue expected to collect $24.6 billion in taxes and gambling revenues, about five-sixths of the state's general funds revenues for the year. IDOR expected to keep $1.0 billion of this sum (4.0%) to cover the costs of its own operations, and expected to transfer the rest to the office of the Illinois State Treasurer to pay for the ongoing operations of the state.

Organization[edit]

The Illinois Department of Revenue collects taxes on its own behalf and oversees the operations of three quasi-independent state boards and commissions, as follows:

• The Illinois Gaming Board regulates Illinois casinos

The Illinois Gaming Board/IGB utilizes sworn officers from the Illinois Department of Revenue - Bureau of Criminal Investigations (Special Agents) and Illinois State Police (Troopers) to staff the nine Riverboat Offices throughout the state as well as the IGB Headquarters in Chicago and Des Plaines.

Agents are responsible for conducting licensing and background investigations regarding casino ownership, management, employees, and suppliers associated with the Gaming industry. Agents investigate thefts, embezzlements, cheating, and illegal modifications of gaming devices as well as a host of other criminal activities. The IGB also enforces all regulations of the Riverboat Gambling Act and the Illinois Compiled Statutes.

Monitoring and regulating this industry has proved extraordinarily important to the State. More than 15 million individual admissions to the casinos are recorded annually, and total adjusted gross receipts exceed $1.7 billion on a yearly basis.;

• The Illinois Racing Board regulates Illinois horse racetracks;
• The Illinois Liquor Control Commission regulates the distribution of alcoholic beverages in Illinois.

Today[edit]

In 2018, IDOR Launched a Statewide Electronic Lien Registry in order to provide a single-source to locate all active liens and releases filed by the department.^[5]

See also[edit]

References[edit]

1. ^Uphoff, Judy Lee (2012). 'The Governor and the Executive Branch'(PDF). In Lind, Nancy S.; Rankin, Erik (eds.). Governing Illinois: Your Connection to State and Local Government (4th ed.). Center Publications, Center for State Policy and Leadership, University of Illinois at Springfield. pp. 78–79. ISBN978-0-938943-28-0.
2. ^20 ILCS5/5-15
3. ^'Illinois Blue Book: 2005-2006' (2006; Office of the Illinois Secretary of State, Springfield, Ill.), pages 257-258.
4. ^'Illinois Tax Handbook for Legislators' (21st edition) (July 2005; Legislative Research Unit, Springfield, Ill.), pages 50, 59, 62, and 102.
5. ^'Illinois Department of Revenue Press release'(PDF). Press release. February 21, 2018.

External links[edit]

• TITLE 86: REVENUE of the Illinois Administrative Code

Illinois Video Gaming Revenue

Cracking down on an illegal video gambling operator, Illinois Gaming Board has moved to revoke its license. The gambling regulator has alleged that the gambling operator had offered a $5 million “illegal inducement.”

According to an Associated Press report, Heidner was “allegedly told his Gold Rush Gaming would have its machines removed from 44 establishments owned by Laredo Hospitality Ventures because of the company’s new owner, according to a December Gaming Board complaint.”

However, a few days after the complaint was made, Heidner allegedly made an offer to acquire Laredo. The deal for $5 million was never finalized.

Illinois Gaming Board

According to the existing gambling regulations in Illinois, it is a felony to give “anything of value to an establishment as an incentive or inducement to locate (video gambling terminals) in that establishment.”

While the gambling regulator is moving to revoke the video gambling operator’s license, Heidner himself hasn’t been charged for a felony. A representative on behalf of the gambling operator has rubbished the allegations and said that they are not true.

Refuting the allegations spokesman Randall Samborn explained that both Gold Rush and Rick Heidner willfully oppose the allegations and has termed it as an “orchestrated smear campaign” against the operator. He said that they will challenge the license revocation before the gambling regulator and will also fight it in court.

Earlier, Heidner’s name appeared in an FBI search warrant of then-state Sen. Martin Sandoval’s offices. However, the current governor J.B Pritzker who also signed the massive gambling expansion bill in Illinois earlier this year has overturned the previous decision of the governor’s office to state-owned land to Heidner for a racetrack and casino project.

Source: https://chicago.cbslocal.com/2019/12/26/illinois-gaming-board-rick-heidner-gold-rush-gaming-license/ , https://www.chicagotribune.com/investigations/ct-rick-heidner-video-gambling-license-revocation-20191218-hksxbsjwnnhnvlyjidassomj5m-story.html