Bill Status of HB4048 100th General Assembly
Short Description: VIDEO GAMING-VARIOUS
Rep. Arthur Turner
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Video Gaming Act. Increases the maximum wager played per hand from $2 to $4. Increases the maximum cash award for a wager on any individual hand from $500 to $1,199. Adds a maximum cash award for the maximum wager on a jackpot, progressive or otherwise, of $10,000. Provides that no terminal operator or officer, employee, or agent of a terminal operator (currently, no terminal operator) may offer, promise, or give anything of value (currently, may give anything of value), including, but not limited to, a loan or financing arrangement, to a licensed establishment, licensed truck stop establishment, licensed fraternal establishment, or licensed veterans establishment in accordance with an agreement or arrangement or with the intent that the offer, promise, or gift of the thing of value shall act as an incentive or inducement with respect to locating or maintaining (rather than incentive or inducement to locate) video gaming terminals in that establishment. Provides that specified items and activities are permissible and do not constitute "of value" violations under these provisions. Provides that a licensed location that violates one or more requirements of provisions concerning restrictions on the licenses of terminal operators is guilty of a Class 4 felony and is subject to termination of his or her license by the Illinois Gaming Board. Allows a licensed establishment, licensed truck stop establishment, licensed veterans establishment, or licensed fraternal establishment that operates 5 video gaming terminals on its premises and that generates at least $150,000 in net terminal income over the preceding 6 consecutive calendar months, to add and operate a sixth video gaming terminal. Effective immediately.