Illinois General Assembly - Bill Status for SB2931
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 Bill Status of SB2931  9th General Assembly


Short Description:  GAMING-CANNIBALIZATION

Senate Sponsors
Sen. Michael Noland

Last Action
DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
230 ILCS 10/7from Ch. 120, par. 2407
230 ILCS 10/11.2


Synopsis As Introduced
Amends the Riverboat Gambling Act (1) to require the Illinois Gaming Board to award owners licenses to applicants whose plans (i) generate the highest amount of revenue to the State and (ii) provide for the least amount of cannibalization of existing licensees' revenues generated pursuant to the Act and (2) to condition the approval of relocation to a new home dock location for a licensee that was not conducting riverboat gambling on January 1, 1998 upon the determination that the new home dock provides for the least amount of cannibalization of an existing licensee's revenues. Effective upon becoming law.

Actions 
DateChamber Action
  2/1/2012SenateFiled with Secretary by Sen. Michael Noland
  2/1/2012SenateFirst Reading
  2/1/2012SenateReferred to Assignments
  2/7/2012SenateAssigned to Gaming
  3/9/2012SenateRule 3-9(a) / Re-referred to Assignments
  1/8/2013SenateSession Sine Die

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