Mt. Vernon Register-News

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February 9, 2013

City receives video gaming revenues

The city receipts came in at $4,019.64 for Dec. from the two local licensed establishments

MT. VERNON — — The city has received its first revenues on video gaming.

“We got our November payment in January, and we just had one licensed establishment,” City Finance Director Merle Hollmann said. “We got our December payment (Friday).”

According to reports issued by the Illinois Gaming Board, the only licensed establishment in Mt. Vernon during November was the Frosty Mug, and the city received $789.31. The city receives 5 percent of licensed gaming receipts.

In December, two establishments were licensed, the Frosty Mug and the Hideout, with city receipts coming in at $4,019.64.

In July, the city council passed an ordinance to allow video gaming.  The state approved video gaming statutes that went into effect July 1, 2009, however, it wasn't until last year the state set up the rules for businesses to be license its machines and collect revenues on them.

“Under the statute, municipalities could either opt in to allow video gaming or opt out,” City Manager Ron Neibert said at the time the city county was contemplating ordinances. “By the city amending its ordinances and sending the amended ordinances to the Illinois Gaming Board, we are opting in.”

Under state statute, video games are only allowed in establishments which sell alcohol with the exception of truck stops. Each establishment must receive a license from the Illinois Gaming Board.

According to the monthly report on video gaming released by the Illinois Gaming Board, the Frosty Mug is licensed for five video gaming terminals. The amount played on those terminals in November was $218,714; the amount won was $202,928; the net wagering activity was $15,786. Video gaming income was $42,876 funds in; $27,090 funds out with net terminal income of $15,786. The 30 percent tax rate charged was $4,736 with the state share of taxes $3,947.

In December, The Hideout was licensed for four terminals, and the Frosty Mug continued to be licensed for five terminals. The Hideout had $174,544 as the amount played; $158,965 in the amount won; and $15,579 in net wagering activity. Funds in was at $42,154; funds out was $26,575; for the $15,579 net terminal income. The total 30 percent tax paid on the terminals was $4,674 with $3,895 going to the state and $779 going to the city.

The Frosty Mug, in December,  $464,186 in the amount played; $431,743 in the amount won; and a net wagering activity of $32,443. Funds in to the terminals in December was $98,904; Funds out of the terminals was $66,461; and net terminal income was $32,443. The Frosty Mug paid $9,733 in taxes with the state receiving $8,111 of it and the city receiving $1,622.

As of Feb. 4, the Illinois Gaming Board had more than 200 pages of establishments which have applied for gaming licenses in the state and are pending. Pending licenses in Jefferson County are Woodlawn Bar, Bubba's Place, Geo's Lounge, The Spot Tavern, The Corner Tavern, Krieger's, Nu Bowl Lanes, The Crossing, The Rendezvous, Silver Streak, Scheller Playhouse, Bluford American Legion, Fraternal Order of Eagles, Mt. Vernon Elks Lodge 819, Jefferson County Amvets, American Legion Post 141, VFW Post 1376, Uncle Joe's, Love's Travel Center, Huck's Travel Center, Pilot Travel Center, Woodlawn Shell and Travel Centers of America.

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