Full Text of HB5812 101st General Assembly
HB5812 101ST GENERAL ASSEMBLY
101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
Introduced 11/10/2020, by Rep. Lamont J. Robinson, Jr.
SYNOPSIS AS INTRODUCED:
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
|FISCAL NOTE ACT MAY APPLY|
A BILL FOR
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AN ACT concerning gaming.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The Sports Wagering Act is amended by adding
Section 25-37 as follows:
(230 ILCS 45/25-37 new)
Other master sports wagering licenses.
professional women's sports team that has been in existence for
at least 10 years before the effective date of this amendatory
Act of the 101st General Assembly or its designee may apply to
the Board for a master sports wagering license. To the extent
permitted by federal and State law, the Board shall actively
seek to achieve racial, ethnic, and geographic diversity when
issuing the master sports wagering license and encourage
minority-owned businesses, women-owned businesses,
veteran-owned businesses, and businesses owned by persons with
disabilities to apply for licensure. Additionally, the report
published under subsection (m) of Section 25-45 shall impact
the issuance of the master sports wagering license to the
extent permitted by federal and State law.
The initial license fee for a master sports wagering
license issued under this Section is 5% of the professional
women's sports team's or its designee's adjusted gross receipts
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from the preceding calendar year. No initial license fee shall
exceed $10,000,000. The master sports wagering license is valid
for 4 years.
The professional women's sports team or its designee may
renew the master sports wagering license for a period of 4
years by paying a $1,000,000 renewal fee to the Board.
A professional women's sports team or its designee issued a
master sports wagering license may conduct sports wagering:
(1) at the facility in which the professional women's
sports team plays or within 5 blocks of that facility; and
(2) over the Internet or through a mobile application.
The sports wagering offered over the Internet or through a
mobile application shall only be offered under either the
same brand as the professional women's sports team or its
designee is operating under or a brand owned by a direct or
indirect holding company that owns at least an 80% interest
in that professional women's sports team or its designee on
the effective date of this amendatory Act of the 101st
Until issuance of the first license under Section 25-45, an
individual must create a sports wagering account in person at a
facility under paragraph (1) to participate in sports wagering
offered over the Internet or through a mobile application.
As used in this Section:
"Designee" means a master sports wagering licensee under
Section 25-30, 25-35, or 25-45 or a management services
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"Minority-owned business", "women-owned business", and
"business owned by persons with disabilities" have the meanings
given to those terms in Section 2 of the Business Enterprise
for Minorities, Women, and Persons with Disabilities Act.