Video gaming terminals (VGTs) located in licensed establishments across Illinois offer a form of legalized gambling entertainment. These machines operate similarly to slot machines, with players wagering money for a chance to win based on predetermined outcomes. The return to player (RTP) percentage, a key metric indicating the long-term theoretical return to gamblers, is regulated in the state. For instance, a 90% RTP suggests that over time, for every $100 wagered, players can expect to receive $90 back. Actual results can vary significantly in the short term due to the random nature of these games.
The regulation of VGT revenue generation plays a significant role in Illinois’s fiscal landscape. A portion of the proceeds generated from these machines is allocated to state and local governments, contributing to various public programs and initiatives. The availability of legalized gambling through VGTs also provides economic benefits through job creation and support for local businesses that host these machines. The regulatory framework surrounding VGTs has evolved over time, shaped by legislative actions and public discourse regarding responsible gaming and revenue allocation.
