Illinois Senate Bill SB1473

Illinois 2025-2026 Regular Session

• Introduced: 1/31/25
• Refer: 1/31/25
• Refer: 5/20/25
• Report Pass: 5/28/25

Caption

HORSE RACING ACT ORG LICENSE

Impact

In altering these regulations, they aim to create a more accommodating environment for horse racing operations by streamlining the licensing process. It also introduces modifications to the conditions under which standardbred and thoroughbred racing organizations can apply for licenses and conduct racing. These changes have broad implications for the horse racing industry in Illinois, particularly concerning the financial viability of racetracks that may invest more heavily in their facilities and events due to the open licensing provisions.

Summary

SB1473, introduced by Senator Patrick J. Joyce, amends the Illinois Horse Racing Act of 1975 to modify several provisions regarding the conduct of horse racing and wagering. One key change is the removal of a restriction that previously prevented organization licensees from conducting their race meetings in counties bordering the Mississippi River if the population is over 230,000. This amendment potentially opens the door for more organizations to host races in these populous regions, thereby increasing competition and options for horse racing events in the state.

Contention

However, these amendments might garner mixed reactions. Proponents of the bill argue that easing the licensing restrictions will revitalize the horse racing industry in Illinois, potentially increasing job opportunities and state revenue through enhanced racing events and associated gaming activities. Conversely, critics could express concerns regarding the influx of new racing organizations in the market, which might reduce the quality and competitiveness of existing tracks that could struggle to keep pace with the increased number of events.