102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
SB2913

 

Introduced 10/13/2021, by Sen. Mattie Hunter

 

SYNOPSIS AS INTRODUCED:
 
230 ILCS 45/25-37 new

    Amends the Sports Wagering Act. Authorizes a professional women's sports team that has been in existence at least 10 years or its designee to apply to the Illinois Gaming Board to be issued a master sports wagering license. Provides for the initial license fee, renewal fee, and conduct of providing sports wagering by a professional women's sports team or its designee.


LRB102 20043 SMS 28870 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB2913LRB102 20043 SMS 28870 b

1    AN ACT concerning gaming.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Sports Wagering Act is amended by adding
5Section 25-37 as follows:
 
6    (230 ILCS 45/25-37 new)
7    Sec. 25-37. Other master sports wagering licenses. A
8professional women's sports team that has been in existence
9for at least 10 years before the effective date of this
10amendatory Act of the 102nd General Assembly or its designee
11may apply to the Board for a master sports wagering license. To
12the extent permitted by federal and State law, the Board shall
13actively seek to achieve racial, ethnic, and geographic
14diversity when issuing the master sports wagering license and
15encourage minority-owned businesses, women-owned businesses,
16veteran-owned businesses, and businesses owned by persons with
17disabilities to apply for licensure. Additionally, the report
18published under subsection (m) of Section 25-45 shall impact
19the issuance of the master sports wagering license to the
20extent permitted by federal and State law.
21    The initial license fee for a master sports wagering
22license issued under this Section is 5% of the professional
23women's sports team's or its designee's adjusted gross

 

 

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1receipts from the preceding calendar year. No initial license
2fee shall exceed $10,000,000. The master sports wagering
3license is valid for 4 years.
4    The professional women's sports team or its designee may
5renew the master sports wagering license for a period of 4
6years by paying a $1,000,000 renewal fee to the Board.
7    A professional women's sports team or its designee issued
8a master sports wagering license may conduct sports wagering:
9        (1) at the facility in which the professional women's
10    sports team plays or within 5 blocks of that facility; and
11        (2) over the Internet or through a mobile application.
12    The sports wagering offered over the Internet or through a
13    mobile application shall only be offered under either the
14    same brand as the professional women's sports team or the
15    brand its designee is operating under or a brand owned by a
16    direct or indirect holding company that owns at least an
17    80% interest in that professional women's sports team or
18    its designee on the effective date of this amendatory Act
19    of the 102nd General Assembly.
20    Until issuance of the first license under Section 25-45,
21an individual must create a sports wagering account in person
22at a facility under paragraph (1) to participate in sports
23wagering offered over the Internet or through a mobile
24application.
25    As used in this Section:
26    "Designee" means a master sports wagering licensee under

 

 

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1Section 25-30, 25-35, or 25-45 or a management services
2provider licensee.
3    "Minority-owned business", "women-owned business", and
4"business owned by persons with disabilities" have the
5meanings given to those terms in Section 2 of the Business
6Enterprise for Minorities, Women, and Persons with
7Disabilities Act.