New Lenox clarifies video gaming rules

With more requests for video gaming terminals, New Lenox officials said they needed to clarify their ordinance that requires businesses to earn 60 percent of their profits from non-gaming sources.

Mayor Tim Baldermann said the village’s rules are “stricter” than most, and requires that businesses make at least 60 percent of their annual revenues from food and beverage sales, and no more than 40 percent from gaming.

The ordinance did not change, but was clarified to state that the village will use the Illinois Gaming Commission’s “net terminal income amount” to determine that percentage, the mayor said.

It also specified that new applicants who have current gambling sites must produce its non-gaming versus gaming activities for the previous year.

via Google Alert – illinois gambling

September 14, 2018 at 06:37PM


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