Bill Text: IL HB4042 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the Sports Wagering Act. Provides that the initial license fee for a master sports wagering license for a sports facility with a maximum seating capacity of 12,000 or less is $3,500,000.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2023-04-25 - Referred to Rules Committee [HB4042 Detail]
Download: Illinois-2023-HB4042-Introduced.html
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| 1 | AN ACT concerning gaming.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Sports Wagering Act is amended by changing | |||||||||||||||||||
| 5 | Section 25-40 as follows:
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| 6 | (230 ILCS 45/25-40)
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| 7 | Sec. 25-40. Master sports wagering license issued to a | |||||||||||||||||||
| 8 | sports facility. | |||||||||||||||||||
| 9 | (a) As used in this Section, "designee" means a master | |||||||||||||||||||
| 10 | sports wagering licensee under Section 25-30, 25-35, or 25-45 | |||||||||||||||||||
| 11 | or a management services provider licensee. | |||||||||||||||||||
| 12 | (b) A sports facility or a designee contracted to operate | |||||||||||||||||||
| 13 | sports wagering at or within a 5-block radius of the sports | |||||||||||||||||||
| 14 | facility may apply to the Board for a master sports wagering | |||||||||||||||||||
| 15 | license. To the extent permitted by federal and State law, the | |||||||||||||||||||
| 16 | Board shall actively seek to achieve racial, ethnic, and | |||||||||||||||||||
| 17 | geographic diversity when issuing master sports wagering | |||||||||||||||||||
| 18 | licenses to sports facilities or their designees and encourage | |||||||||||||||||||
| 19 | minority-owned businesses, women-owned businesses, | |||||||||||||||||||
| 20 | veteran-owned businesses, and businesses owned by persons with | |||||||||||||||||||
| 21 | disabilities to apply for licensure. Additionally, the report | |||||||||||||||||||
| 22 | published under subsection (m) of Section 25-45 shall impact | |||||||||||||||||||
| 23 | the issuance of the master sports wagering license to the | |||||||||||||||||||
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| 1 | extent permitted by federal and State law. | ||||||
| 2 | For the purposes of this subsection (b), "minority-owned | ||||||
| 3 | business", "women-owned business", and "business owned by | ||||||
| 4 | persons with disabilities" have the meanings given to those | ||||||
| 5 | terms in Section 2 of the Business Enterprise for Minorities, | ||||||
| 6 | Women, and Persons with Disabilities Act. | ||||||
| 7 | (c) The Board may issue up to 7 master sports wagering | ||||||
| 8 | licenses to sports facilities or their designees that meet the | ||||||
| 9 | requirements for licensure as determined by rule by the Board. | ||||||
| 10 | If more than 7 qualified applicants apply for a master sports | ||||||
| 11 | wagering license under this Section, the licenses shall be | ||||||
| 12 | granted in the order in which the applications were received. | ||||||
| 13 | If a license is denied, revoked, or not renewed, the Board may | ||||||
| 14 | begin a new application process and issue a license under this | ||||||
| 15 | Section in the order in which the application was received. | ||||||
| 16 | (d) The initial license fee for a master sports wagering | ||||||
| 17 | license for a sports facility is $10,000,000, except that the | ||||||
| 18 | initial license fee for a master sports wagering license for a | ||||||
| 19 | sports facility with a maximum seating capacity of 12,000 or | ||||||
| 20 | less is $3,500,000. The master sports wagering license is | ||||||
| 21 | valid for 4 years. | ||||||
| 22 | (e) The sports facility or its designee may renew the | ||||||
| 23 | master sports wagering license for a period of 4 years by | ||||||
| 24 | paying a $1,000,000 renewal fee to the Board. | ||||||
| 25 | (f) A sports facility or its designee issued a master | ||||||
| 26 | sports wagering license may conduct sports wagering at or | ||||||
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| 1 | within a 5-block radius of the sports facility. | ||||||
| 2 | (g) A sports facility or its designee issued a master | ||||||
| 3 | sports wagering license may conduct sports wagering over the | ||||||
| 4 | Internet within the sports facility or within a 5-block radius | ||||||
| 5 | of the sports facility. | ||||||
| 6 | (h) The sports wagering offered by a sports facility or | ||||||
| 7 | its designee over the Internet or through a mobile application | ||||||
| 8 | shall be offered under the same brand as the sports facility is | ||||||
| 9 | operating under, the brand the designee is operating under, or | ||||||
| 10 | a combination thereof. | ||||||
| 11 | (i) Until issuance of the first license under Section | ||||||
| 12 | 25-45 or March 5, 2022, whichever occurs first, an individual | ||||||
| 13 | must register in person at a sports facility or the designee's | ||||||
| 14 | facility to participate in sports wagering offered over the | ||||||
| 15 | Internet or through a mobile application.
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| 16 | (Source: P.A. 101-31, eff. 6-28-19; 102-689, eff. 12-17-21.)
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