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| | SB0323 Engrossed | | LRB103 04683 AMQ 49692 b |
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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 25-50 as follows:
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6 | | (230 ILCS 45/25-50)
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7 | | Sec. 25-50. Supplier license. |
8 | | (a) The Board may issue a supplier license to a person to |
9 | | sell or lease sports wagering equipment, systems, or other |
10 | | gaming items to conduct sports wagering and offer services |
11 | | related to the equipment or other gaming items and data to a |
12 | | master sports wagering licensee while the license is active. |
13 | | (b) The Board may adopt rules establishing additional |
14 | | requirements for a supplier and any system or other equipment |
15 | | utilized for sports wagering. The Board may accept licensing |
16 | | by another jurisdiction that it specifically determines to |
17 | | have similar licensing requirements as evidence the applicant |
18 | | meets supplier licensing requirements. |
19 | | (c) An applicant for a supplier license shall demonstrate |
20 | | that the equipment, system, or services that the applicant |
21 | | plans to offer to the master sports wagering licensee conforms |
22 | | to standards established by the Board and applicable State |
23 | | law. The Board may accept approval by another jurisdiction |
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| | SB0323 Engrossed | - 2 - | LRB103 04683 AMQ 49692 b |
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1 | | that it specifically determines have similar equipment |
2 | | standards as evidence the applicant meets the standards |
3 | | established by the Board and applicable State law. |
4 | | (d) Applicants shall pay to the Board a nonrefundable |
5 | | license and application fee in the amount of $150,000. Except |
6 | | as provided by Section 8.1 of the Illinois Gambling Act, the |
7 | | initial supplier license shall be issued for 4 years unless |
8 | | sooner canceled or terminated. After the initial period, the |
9 | | Board shall renew supplier licenses for additional 4-year |
10 | | periods unless sooner canceled or terminated. Renewal of a |
11 | | supplier license shall be granted to a renewal applicant who |
12 | | has continued to comply with all applicable statutory and |
13 | | regulatory requirements. Beginning 4 years after issuance of |
14 | | the initial supplier license, a holder of a supplier license |
15 | | shall pay a $50,000 $150,000 annual license fee for each |
16 | | additional 4-year renewal period . |
17 | | (e) A supplier shall submit to the Board a list of all |
18 | | sports wagering equipment and services sold, delivered, or |
19 | | offered to a master sports wagering licensee in this State, as |
20 | | required by the Board, all of which must be tested and approved |
21 | | by an independent testing laboratory approved by the Board. A |
22 | | master sports wagering licensee may continue to use supplies |
23 | | acquired from a licensed supplier, even if a supplier's |
24 | | license expires or is otherwise canceled, unless the Board |
25 | | finds a defect in the supplies.
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26 | | (Source: P.A. 101-31, eff. 6-28-19; 102-689, eff. 12-17-21.)
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