(A) Activities undertaken pursuant to, and in accordance with, the Video Gaming Act (ILCS Ch. 230, Act 40), shall be allowed in the village.
(B) Activities undertaken pursuant to, and in accordance with, the Act (ILCS Ch. 230, Act 40), that would otherwise be deemed gambling, shall not be deemed a violation of this Code.
(C) There is established an annual fee for the operation of each individual video gaming terminal.
(D) The annual video gaming terminal fee is to be paid to the village on, or before, the initial date of operation, and for terminals then in operation, on, or before, April 30th thereafter. The annual fee shall not be prorated for periods of less than 12 months. For the annual video gaming terminal fee, see § 34.01, Fee Schedule.
(E) All revenue received pursuant to the Act (ILCS Ch. 230, Act 40) shall be deposited into the village’s Police Pension Fund.
(Ord. 2012-07-02B, passed 7-7-2012)