TITLE 11: ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
SUBTITLE D: VIDEO GAMING
CHAPTER I: ILLINOIS GAMING BOARD
PART 1800 VIDEO GAMING (GENERAL)
SECTION 1800.330 ECONOMIC DISASSOCIATION


 

Section 1800.330  Economic Disassociation

 

a)         Each applicant or licensee shall provide a means for the economic disassociation of any person who, with respect to that applicant or licensee, is a Person With Significant Influence or Control, a holder of an Ownership Interest, or any person for whom a licensee, applicant or Person With Significant Influence or Control has a continuing duty to report information under Section 1800.220(e)(2), in the event the economic disassociation is required by an order of the Board.

 

b)         Based upon findings from an investigation into the character, reputation, experience, associations, business probity, and financial integrity of a Person With Significant Influence or Control, a holder of an Ownership Interest, or any person for whom a licensee, applicant or Person With Significant Influence or Control has a continuing duty to report information under Section 1800.220(e)(2), the Board may enter an order upon a licensee to require the economic disassociation of that person.  A person whose economic disassociation has been ordered may contest the order under the provisions of Subpart G.  A violation of an order of economic disassociation may result in a complaint against the licensee under Subpart G.  Any hearing relating to an order of economic disassociation shall be a hearing on the merits of the Board's determination that economic disassociation is warranted.  The licensee shall be considered the party to the hearing.

 

c)         The Board may enter an order of economic disassociation under this Section under any criteria for denial of license set forth in Section 9 of the Riverboat Gambling Act [230 ILCS 10] or Section 45 of the Video Gaming Act.

 

(Source:  Amended at 40 Ill. Reg. 2952, effective January 27, 2016)