103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4042 Introduced , by Rep. Eva-Dina Delgado SYNOPSIS AS INTRODUCED: 230 ILCS 45/25-40 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. LRB103 32010 BMS 60850 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4042 Introduced , by Rep. Eva-Dina Delgado SYNOPSIS AS INTRODUCED: 230 ILCS 45/25-40 230 ILCS 45/25-40 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. LRB103 32010 BMS 60850 b LRB103 32010 BMS 60850 b A BILL FOR
103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4042 Introduced , by Rep. Eva-Dina Delgado SYNOPSIS AS INTRODUCED:
230 ILCS 45/25-40 230 ILCS 45/25-40
230 ILCS 45/25-40
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.
LRB103 32010 BMS 60850 b LRB103 32010 BMS 60850 b
LRB103 32010 BMS 60850 b
A BILL FOR
HB4042LRB103 32010 BMS 60850 b HB4042 LRB103 32010 BMS 60850 b
HB4042 LRB103 32010 BMS 60850 b
1 AN ACT concerning gaming.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Sports Wagering Act is amended by changing
5 Section 25-40 as follows:
6 (230 ILCS 45/25-40)
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
103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4042 Introduced , by Rep. Eva-Dina Delgado SYNOPSIS AS INTRODUCED:
230 ILCS 45/25-40 230 ILCS 45/25-40
230 ILCS 45/25-40
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.
LRB103 32010 BMS 60850 b LRB103 32010 BMS 60850 b
LRB103 32010 BMS 60850 b
A BILL FOR
230 ILCS 45/25-40
LRB103 32010 BMS 60850 b
HB4042 LRB103 32010 BMS 60850 b
HB4042- 2 -LRB103 32010 BMS 60850 b HB4042 - 2 - LRB103 32010 BMS 60850 b
HB4042 - 2 - LRB103 32010 BMS 60850 b
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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HB4042- 3 -LRB103 32010 BMS 60850 b HB4042 - 3 - LRB103 32010 BMS 60850 b
HB4042 - 3 - LRB103 32010 BMS 60850 b
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.
16 (Source: P.A. 101-31, eff. 6-28-19; 102-689, eff. 12-17-21.)
HB4042 - 3 - LRB103 32010 BMS 60850 b