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TR's Front Row On Greenwood

Waukegan · Lake County · IL · 6 terminals
IGB license 120708201 · Operator: J&J Ventures Gaming, LLC (as of August 2026)
High play · high holdMomentum +0%YoY −23%

Your performance · September 2026

NTI
$48,133
net terminal income · this month
Win per unit
$267
per machine · per day
Terminals
6
machines in service
Annual NTI
$586,279
trailing 12 months

The four numbers operators read first

NTI / machine
$8,022
monthly · per terminal
state median $4,170/mo
78th pct of 8,629 IL locations
#24 of 57 in Waukegan
Hold
10.0%
this month
state median 9.4% · above
61st pct of 8,629 IL locations
58th pct of 57 in Waukegan
Cycle rate
2.65×
this month
state median 2.59× · engagement
57th pct of 8,629 IL locations
86th pct of 57 in Waukegan
Play / machine
$80.3K
monthly · per terminal
state median $45.5K/mo
75th pct of 8,629 IL locations
61st pct of 57 in Waukegan

Against locations your size (6+ terminals, 6,823 of them), your NTI/machine is +$3,034/mo vs the $4,988 peer median — bucketing by size keeps a small bar from being measured against a big one.

Where the money goes (September 2026)

NTI this month
$48,133
Gaming tax
−$16,846
After tax
$31,286
Your take-home
$15,643
your 50% this month
Gaming tax$16,846 · 35%Operator's 50%$15,643 · 32%Yours, 50%$15,643 · 32%

Illinois law fixes the after-tax split at 50/50 and bans any deviation (230 ILCS 40/25(c)) — about $15,643 to you and $15,643 to your operator this month. Neither side can move that split. That's the whole point of The Gameset: with the split set by statute, operators compete for your gameset on service — games, cabinets, refresh cadence, response time.

Where your gameset stands

High play · high hold

Strong demand and a healthy hold — your gameset is doing well on both the traffic and the margin side.

What an operator sees: An operator reads this as a proven, high-value gameset and will compete hard on service to win it.

NTI/machine — 78th percentile of 8,629 Illinois locations this month
In Waukegan — #24 of 57 locations by NTI/machine (your own neighborhood, the fairest like-for-like)
Among locations your size (6+ terminals) — 73rd percentile of 6,823
Your gameset — you among your Waukegan peers56 peer locations
play per machine →
your gameset a Waukegan peer (anonymized) statewide median

2 peer locations sit beyond the axis range and are drawn at the edge — shown, never dropped.

Each gray dot is another Waukegan gameset for the same month, shown without identity. The dashed lines are the statewide medians — which quadrant you land in is the positioning above, drawn out.

Trend

Net terminal income by monthpeak $75,569
2021
2022
2023
2024
2025
2026
latest month up vs prior down vs prior Waukegan median ($35,744)
Cycle rate by monthlatest 2.65× · state median 2.59×
your cycle rate state median

Cycle rate is a leading indicator: when players start cycling their money fewer times, it usually shows up here before it shows up in NTI — an early read on gameset health for you and for an operator.

Win per unit by monthlatest $267 · Waukegan median $199
your WPU (per machine, per day) Waukegan median WPU
Hold % by monthlatest 10.0% · state median 9.4%
your hold state median hold

These are the two series a service change shows up in. Fresher titles and faster response tend to move win per unit first; hold follows the game mix. Both are your own numbers against a neutral market line — not a verdict on anyone.

This year against last, by monthSeptember 2026 down 23% on a year earlier
October 2025 – September 2026October 2024 – September 2025

A month that looks like a collapse is often just that month. Laid over the same months a year earlier, a seasonal dip and a real decline stop looking alike.

Seasonality check: August → September moved +6% this year vs +31% a year ago — so a normal seasonal dip isn't mistaken for a real decline.

Your town's market

Waukegan's total gaming income is +4% year over year (trailing 3 months vs the same 3 a year ago).

Your own gameset is −23% over the same-month-last-year comparison — the town's tide explains part of the move; it isn't all your gameset.

A deeper operator read

The same history, cut the way a Terminal Operator cuts it when they decide how hard to compete for your gameset.

Win per unit (WPU)
$267/day
per machine · per day · Waukegan median $199/day · +35%
WPU momentum
−7%
last 3 months $257/day vs prior 3 $278/day
Seasonality
April peak
strongest April ($55,949 avg) · softest January ($34,366 avg)
Revenue steadiness
steady
±11% month-to-month swing, trailing 12

Your operator

J&J Ventures Gaming, LLC

Linked to your Location as of August 2026 — the Illinois Gaming Board publishes this each month, so a recent change may not show yet.

Locations
2,571
Avg NTI / Location
$31,971
Avg NTI / Terminal
$5,578
Total NTI
$82,196,548

Year over year

Your NTI is −6% down year over year, trailing the Lake County market (+3%).

Your Location
−6%
$586,279 vs $621,214 (last 12 months vs the prior 12)
The market (Lake County)
+3%
typical Location: $38,941 vs $37,671

Takeaways

•Each terminal earned about $8,022 in September 2026 — the 78th percentile of 8,629 Illinois locations that month. Per-terminal NTI is the number operators judge a gameset by, because it strips out how many machines you run.
•Within Waukegan, that's #24 of 57 locations by per-terminal earnings — the fairest like-for-like, since neighbors share the same foot traffic and economy.
•Hold — the share of money played that the gameset keeps — was 10.0% — above the 9.4% state median. Hold is driven mostly by the games in the gameset, which is exactly what an operator brings to the table.
•A dollar cycled through your machines 2.65× before leaving — higher means longer, more engaged sessions. When the cycle rate starts falling it usually shows up before NTI does, so it's an early read on gameset health for both sides.
•High play · high hold — Strong demand and a healthy hold — your gameset is doing well on both the traffic and the margin side.
•After $16,846 in gaming tax, September 2026's income is split 50/50 with your operator by law (230 ILCS 40/25(c)) — about $15,643 to you. Neither side can move that split, which is why operators here compete on service.
•Terminal Operator J&J Ventures Gaming, LLC runs 2571 Locations in our data.
You're ahead of your market.

A gameset doing these numbers is the one Operators compete hardest for — and most owners never find out what that competition is worth, because they never put it out to bid.

Create your Listing
Full September 2026 report detail
Amount played
$481,890
Amount won
$433,757
Net wager
$48,133
Funds in
$181,932
Funds out
$133,800
Net terminal income
$48,133
NTI tax
$16,846
State share
$14,437
Municipality share
$2,409

Source: Illinois Gaming Board monthly video gaming reports. This is public data about your own licensed Location, shown for informational purposes.