The implementation of HB2320 will significantly change the gaming landscape in Illinois, providing new avenues for revenue generation for the state. The bill mandates that tax revenue generated from internet gaming will contribute to various state funds, including those aimed at addressing problem gambling and supporting education. This act further preempts local regulations since governing powers over internet gaming will rest exclusively with the state, limiting the ability of municipalities to craft their own gaming rules or taxes.
House Bill 2320, known as the Internet Gaming Act, seeks to establish a framework for legal online gaming within the state of Illinois. The act allows casinos and racetracks to offer internet gaming or to enter into contracts with platforms for this purpose under the regulation of the Illinois Gaming Board. Key components of the bill include strict regulations on age verification, location of wagering, responsible gaming measures, and setting diversity goals for procurement by internet gaming licensees. A 12% privilege tax is imposed on internet gaming operators based on their adjusted gross gaming revenue, which will be deposited into the State Gaming Fund.
Notable points of contention surrounding HB2320 center on concerns regarding gambling addiction and the impact of online gaming on communities. Opponents of the bill argue that the widespread availability of online gaming could lead to increased gambling-related problems, particularly among younger populations who may find it easier to access these services. Moreover, the imposition of state-wide standards means local jurisdictions will lose autonomy to regulate aspects of gaming according to their community's needs, which some view as an overreach of state power.