Full Text of HB3780 102nd General Assembly
HB3780 102ND GENERAL ASSEMBLY
102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
Introduced 2/22/2021, by Rep. Aaron M. Ortiz
SYNOPSIS AS INTRODUCED:
Amends the Illinois Horse Racing Act of 1975. Provides that the
Illinois Racing Board shall conduct a study analyzing the conduct of
advance deposit wagering and submit its finding to the General Assembly no
later than November 1, 2021. Provides that the study shall include any
trends in advance deposit wagering from inception to present day, the
growing percentage of total horse racing bets that are made through
advance deposit wagering, and the history of distribution of net revenues
from advance deposit wagering provided to advance deposit wagering
licensees, organization licensees, and horsemen purse accounts. Effective
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 Illinois Horse Racing Act of 1975 is
amended by adding Section 12.3 as follows:
(230 ILCS 5/12.3 new)
Advance deposit wagering study.
(a) As used in this Section, "net revenues" means total
revenues generated by advance deposit wagering less winning
wagers and taxes paid out.
(b) To fulfill the purpose of this Act in promoting and
protecting the sport of horse racing in all its forms, the
General Assembly desires information useful to the continued
development of appropriate public policy. In that regard, it
is recognized that when advance deposit wagering was
introduced in Illinois, the expectation was that, on a
percentage basis, the net revenues from those wagers would be
equally distributed between the organization licensees,
horsemen purses, and advance deposit wagering licensees.
(c) The General Assembly recognizes that advance deposit
wagering within the Illinois horse racing industry has evolved
since its initial introduction and that it is appropriate to
examine how, on a percentage basis, net revenues from advance
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deposit wagering are being allocated between purses for
horsemen, organization licensees, and advance deposit wagering
(d) The Board shall conduct a study analyzing the conduct
of advance deposit wagering in Illinois to understand and
(1) any trends in advance deposit wagering from
inception to present day, including the making of advance
deposit wagers at tracks and inter-track wagering
locations, and the growing percentage of total horse
racing bets that are made through advance deposit
(2) the history of distribution of net revenues, on a
percentage basis, from advance deposit wagering, including
details on amounts, from inception to the present day,
provided to advance deposit wagering licensees,
organization licensees, and horsemen purse accounts.
(e) The Board shall submit its findings to the General
Assembly no later than November 1, 2021.
(f) This Section is repealed on November 1, 2022.
This Act takes effect
upon becoming law.