Rockford casino nets $8.4M in first two months of being open
ROCKFORD (WREX) — Rockford's casino continues to do well in its first two months of being open.
In the months of November and December, the casino netted $8,467,105.01 in revenue, according to the Illinois Gaming Board. The temporary casino generated $4,145,967.91 in revenue in the first 22 days it was open.
The temporary casino must pay $1,008,722.48 in state taxes and pay $504,361.28 in local taxes, according to IGB documents.
RELATED: Hard Rock appoints President of Rockford Casino
Rockford's temporary casino is the only casino in the state to not have table games. However, the temporary casino generated the 7th most revenue in the state of the 11 casinos.
Rockford's casino features more than 625 of the newest slots and electronic table games.
In June of 2019, Gov. JB Pritzker signed the gaming expansion bill into law, opening the door for six areas in Illinois to open casinos—including Rockford.
In October of 2019, city leaders voted in favor of a plan from Hard Rock International to submit to the Illinois Gaming Board.
The decision to approve or deny the project was supposed to be made by October of 2020, but was pushed back six months due to COVID-19.
In June of 2020, the casino's temporary location got the green light from the IGB to begin construction inside the former Giovanni's Restaurant and Convention Center.
The temporary casino will be open for up to two years while the permanent location is being built at the former Clock Tower site off E. State St., near the I-90 exit/entrance ramp.