Bill Text: IL SB2622 | 2017-2018 | 100th General Assembly | Introduced
Bill Title: Amends the Illinois Horse Racing Act of 1975. Makes a technical change in a Section concerning the definition of "advance deposit wagering".
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2019-01-09 - Session Sine Die [SB2622 Detail]
Download: Illinois-2017-SB2622-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 Illinois Horse Racing Act of 1975 is amended | |||||||||||||||||||
5 | by changing Section 3.29 as follows:
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6 | (230 ILCS 5/3.29)
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7 | Sec. 3.29. Advance deposit wagering. "Advance deposit | |||||||||||||||||||
8 | wagering" means a method of pari-mutuel wagering in which an | |||||||||||||||||||
9 | individual may establish an account, deposit money into the | |||||||||||||||||||
10 | account, and use the the account balance to pay for pari-mutuel | |||||||||||||||||||
11 | wagering authorized by this Act. An advance deposit wager may | |||||||||||||||||||
12 | be placed in person at a wagering facility or from any other | |||||||||||||||||||
13 | location via a telephone-type device or any other electronic | |||||||||||||||||||
14 | means. Any person who accepts an advance deposit wager who is | |||||||||||||||||||
15 | not licensed by the Board as an advance deposit wagering | |||||||||||||||||||
16 | licensee shall be considered in violation of this Act and the | |||||||||||||||||||
17 | Criminal Code of 2012. Any advance deposit wager placed in | |||||||||||||||||||
18 | person at a wagering facility shall be deemed to have been | |||||||||||||||||||
19 | placed at that wagering facility.
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20 | (Source: P.A. 96-762, eff. 8-25-09; 97-1150, eff. 1-25-13.)
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