Question 1

What types of liquor licenses are issued in Illinois?

Accepted Answer

Illinois issues multiple license classes through its state liquor control agency. Common types include retail licenses for bars and restaurants, package liquor stores, breweries, and special event permits. Each municipality can also set local license categories with additional restrictions.

Question 2

What are video gaming terminals?

Accepted Answer

Video gaming terminals (VGTs) are electronic gambling machines licensed by state gaming boards. Eligible establishments (bars, restaurants, truck stops, fraternal organizations) may operate terminals depending on state law. Revenue is typically split between the establishment, terminal operator, and state/local government.

Question 3

How is gaming revenue distributed?

Accepted Answer

Net terminal income (after payouts to players) is typically split between the state, local municipality, terminal operator, and the licensed establishment. The exact split varies by state. Municipalities also collect license fees.

Liquor & Gaming

7 Licenses

Liquor & Gaming

7 Licenses