Illinois General Assembly - Illinois Compiled Statutes

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230 ILCS 10/7.3

(230 ILCS 10/7.3)

Sec. 7.3. State conduct of gambling operations.

(a) If, after reviewing each application for a re-issued license, the
Board determines that the highest prospective total revenue to the State would
be derived from State conduct of the gambling operation in lieu of re-issuing
the license, the Board shall inform each applicant of its decision.  The Board
shall thereafter have the authority, without obtaining an owners license, to
conduct casino or riverboat gambling operations as
previously authorized by the terminated, expired, revoked, or nonrenewed
license through a licensed manager selected pursuant to an open and competitive
bidding
process as set forth in Section 7.5 and as provided in Section 7.4.

(b) The Board may locate any casino or riverboat on which a gambling operation is
conducted by the State in any home dock or other location authorized by Section 3(c)
upon receipt of approval from a majority vote of the governing body of the
municipality or county, as the case may be, in which the riverboat will dock.

(c) The Board shall have jurisdiction over and shall supervise all
gambling operations conducted by the State provided for in this Act and shall
have all powers necessary and proper to fully and effectively execute the
provisions of this Act relating to gambling operations conducted by the State.

(d) The maximum number of owners licenses authorized under Section 7

shall be reduced by one for each instance in which the Board authorizes the
State to conduct a casino or riverboat gambling operation under subsection (a) in lieu of
re-issuing a license to an applicant under Section 7.1.

(Source: P.A. 101-31, eff. 6-28-19.)