Illinois 2025-2026 Regular Session

Illinois Senate Bill SB2499 Latest Draft

Bill / Introduced Version Filed 02/07/2025

                            104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 SB2499 Introduced 2/7/2025, by Sen. Bill Cunningham SYNOPSIS AS INTRODUCED: 230 ILCS 10/5.5 new Amends the Illinois Gambling Act. Provides that, if the Illinois Gaming Board is otherwise authorized to issue licenses to conduct Internet gaming, the Board shall not issue a license if the applicant or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from (i) any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or (ii) any jurisdiction designated by the United States as a state sponsor of terrorism. Provides that, if at any time during licensure, the Board determines that the licensee or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or any jurisdiction designated by the United States as a state sponsor of terrorism, then the Board shall impose a penalty of license revocation if it determines, after notice and an opportunity for hearing, that it would further the public interest to discontinue such operations of the interactive gaming licensee. Effective immediately. LRB104 12248 LNS 22356 b   A BILL FOR 104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 SB2499 Introduced 2/7/2025, by Sen. Bill Cunningham SYNOPSIS AS INTRODUCED:  230 ILCS 10/5.5 new 230 ILCS 10/5.5 new  Amends the Illinois Gambling Act. Provides that, if the Illinois Gaming Board is otherwise authorized to issue licenses to conduct Internet gaming, the Board shall not issue a license if the applicant or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from (i) any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or (ii) any jurisdiction designated by the United States as a state sponsor of terrorism. Provides that, if at any time during licensure, the Board determines that the licensee or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or any jurisdiction designated by the United States as a state sponsor of terrorism, then the Board shall impose a penalty of license revocation if it determines, after notice and an opportunity for hearing, that it would further the public interest to discontinue such operations of the interactive gaming licensee. Effective immediately.  LRB104 12248 LNS 22356 b     LRB104 12248 LNS 22356 b   A BILL FOR
104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 SB2499 Introduced 2/7/2025, by Sen. Bill Cunningham SYNOPSIS AS INTRODUCED:
230 ILCS 10/5.5 new 230 ILCS 10/5.5 new
230 ILCS 10/5.5 new
Amends the Illinois Gambling Act. Provides that, if the Illinois Gaming Board is otherwise authorized to issue licenses to conduct Internet gaming, the Board shall not issue a license if the applicant or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from (i) any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or (ii) any jurisdiction designated by the United States as a state sponsor of terrorism. Provides that, if at any time during licensure, the Board determines that the licensee or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or any jurisdiction designated by the United States as a state sponsor of terrorism, then the Board shall impose a penalty of license revocation if it determines, after notice and an opportunity for hearing, that it would further the public interest to discontinue such operations of the interactive gaming licensee. Effective immediately.
LRB104 12248 LNS 22356 b     LRB104 12248 LNS 22356 b
    LRB104 12248 LNS 22356 b
A BILL FOR
SB2499LRB104 12248 LNS 22356 b   SB2499  LRB104 12248 LNS 22356 b
  SB2499  LRB104 12248 LNS 22356 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 Illinois Gambling Act is amended by adding
5  Section 5.5 as follows:
6  (230 ILCS 10/5.5 new)
7  Sec. 5.5. Prohibition on licensing of Internet gaming
8  entities conducting business in illegal markets. If the Board
9  is otherwise authorized to issue licenses to conduct Internet
10  gaming, the following shall apply:
11  (1) The Board shall not approve an interactive gaming
12  licensee to commence operations if the Board determines
13  that the applicant or any of its affiliates, including
14  entities under common control, is knowingly accepting,
15  directly or indirectly, revenue that is derived from:
16  (A) any jurisdiction on the Black List of Money
17  Laundering Countries, as established by the Financial
18  Action Task Force; or
19  (B) any jurisdiction designated by the United
20  States as a state sponsor of terrorism.
21  (2) If at any time during licensure the Board
22  determines that the licensee or any of its affiliates,
23  including entities under common control, is knowingly

 

104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 SB2499 Introduced 2/7/2025, by Sen. Bill Cunningham SYNOPSIS AS INTRODUCED:
230 ILCS 10/5.5 new 230 ILCS 10/5.5 new
230 ILCS 10/5.5 new
Amends the Illinois Gambling Act. Provides that, if the Illinois Gaming Board is otherwise authorized to issue licenses to conduct Internet gaming, the Board shall not issue a license if the applicant or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from (i) any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or (ii) any jurisdiction designated by the United States as a state sponsor of terrorism. Provides that, if at any time during licensure, the Board determines that the licensee or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or any jurisdiction designated by the United States as a state sponsor of terrorism, then the Board shall impose a penalty of license revocation if it determines, after notice and an opportunity for hearing, that it would further the public interest to discontinue such operations of the interactive gaming licensee. Effective immediately.
LRB104 12248 LNS 22356 b     LRB104 12248 LNS 22356 b
    LRB104 12248 LNS 22356 b
A BILL FOR

 

 

230 ILCS 10/5.5 new



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  SB2499 - 2 - LRB104 12248 LNS 22356 b
1  accepting, directly or indirectly, revenue that is derived
2  from either any jurisdiction on the Black List of Money
3  Laundering Countries, as established by the Financial
4  Action Task Force, or any jurisdiction designated by the
5  United States as a state sponsor of terrorism, the Board
6  shall impose a penalty of license revocation if the Board
7  determines, after notice and an opportunity for hearing,
8  that it would further the public interest to discontinue
9  such operations of the interactive gaming licensee.

 

 

  SB2499 - 2 - LRB104 12248 LNS 22356 b