FloorRadar Blog
Regulation explained. Performance data interpreted. The specifics that matter, in plain English.
Most Illinois VGT venues that come to market look fine on the surface. The deal-killers hide one layer below — in the lease, the license, the ownership history, the TO, and the municipality.
A $100 loss fans out across four parties before any of it reaches the establishment owner. The state, the municipality, the terminal operator, and the establishment each take a defined cut.
The state's share of your NTI isn't a flat 35%. It's a graduated curve, and where your venue sits on the curve changes what each marginal dollar of NTI is worth to you.
Every month, the IL VGT industry publishes a snapshot of every venue. Most operators glance at their own line and skip the rest. Here's what the rest of it is actually telling you.
Net Terminal Income is the metric that determines what you take home from your gaming floor. What it means, what it doesn't include, and why one number drives every decision.
Walking through the M&A framework Illinois VGT acquirers actually use. NTI history, license security, lease terms, transformation potential — what to verify and what to walk away from.
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