How much does it cost to open a gaming cafe in Illinois?

There is no upfront cost to submitting an application to the IGB. Once you have been approved by the IGB, the yearly cost will be $100 to maintain a valid establishment license. In addition to the IGB fee you may also be required by the city you are located in to pay a yearly “sticker fee” for each VGT.

How do I start a gaming cafe?

How to Start a Video Game Cafe

1. The Hardware. According to Smart Launch, your cafe should be one-half personal computers and one-half gaming consoles, but you’ll need at least 40 total stations to make the mix feasible.
2. The Games.
3. Speed for Gaming.
4. Renting Play Time.
5. Other Products and Services.
6. Trending Female.

How much does it cost to start a gambling parlor?

Issues like hardware, branding, marketing, banking partners, and bankroll. Given the rest of the costs outlined above, a conservative estimate would be around $1-2 million at least. A lot certainly, but worth it.

Is video gaming legal in Chicago?

Types of Gambling Allowed by Illinois Gaming Laws As stated in the Illinois Video Gaming Act, Illinois slot machines and other video terminals are now legal in the state as long as the location has the necessary gambling licenses.

How much is an Illinois gaming license?

Illinois Gaming Board Fee This notice will also contain instructions for how to pay the $100.00 annual license fee to the IGB.

How much do gaming machines make in Illinois?

The average establishment in Illinois earns over $60,000 per year, some earn over $200,000 per year. Gaming revenue varies from establishment to establishment. Choosing the right mix of equipment, ensuring that equipment stays functional and advertising your slot machines can make all the difference.

How much money do you need to open a gaming café?

The cost will vary due to many factors like the interior design, the experience of gaming, amenities provided, etc. On an average, for a 10 PC setup (all high-end, with latest peripherals, furniture,etc), it would cost about $37000. What makes these cafes actually appeal to gamers?

Is owning a casino profitable?

In 2018, the average casino earned $1.9 million per day, with $662K attributed to gaming wins, $531K to rented rooms, $302K to food served, $143K to beverages sold, and $297K to other services offered. In the 2019 fiscal year, the revenue of 169 large casinos in Las Vegas were analyzed.

How do you get a video gaming license in Illinois?

Here’s a link to the online application: https://www.igb.illinois.gov/vla/. When you submit your application, you’ll be consenting to an extensive background check for you (if you’re an owner or key employee), along with any other co-owners and, potentially, many management employees.

What does it take to get a gaming license in Illinois?

A few of the top qualifications and Illinois gaming license requirements include: Clear history of honesty and integrity. A clean background check void of a criminal record and any other instances that have threatened the people of the state of Illinois. No previous issues with the Illinois video gaming industry.

How much does a gaming license cost in Illinois?

$100.00
Illinois Gaming Board Fee This notice will also contain instructions for how to pay the $100.00 annual license fee to the IGB.

What do you need to start a video game cafe?

Video games tend to consume much computer resources, and you need to get high-quality hardware for your games cafe. Investing in hardware for your games cafe will help you to avoid inconveniences that could make you lose your customers for a competitor. The things you need to consider include:

How to keep your gaming cafe safe?

You need an annual budget to renew your antivirus license to secure the computers in your gaming cafe. The antivirus updates are inevitable if you care for the safety of your customers’ information and your computers. 5. Hire a Standby Technician

Should I buy a gaming console for my Cafe?

But not all games on Consoles are available for download for PC gamers. Buying a gaming console will help you to accommodate more players at your cafe and suffice their needs. Another advantage of consoles is that it is hacker are not interested in them.

How do I get a video gaming license in Illinois?

Make sure the type of business you own (or plan to open) is one of the types of locations allowed to apply for a Illinois video gaming license. By law, there are four categories of Illinois video gaming establishments that the IGB can license: retail, fraternal, veterans and truck stops.