SB2622 100TH GENERAL ASSEMBLY

LRB100 19066 SMS 34322 b

100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
SB2622

Introduced 2/8/2018, by Sen. Steve Stadelman

SYNOPSIS AS INTRODUCED:

230 ILCS 5/3.29

Amends the Illinois Horse Racing Act of 1975. Makes a technical change in a Section concerning the definition of "advance deposit wagering".

A BILL FOR

AN ACT concerning gaming.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Horse Racing Act of 1975 is amended by changing Section 3.29 as follows:

(230 ILCS 5/3.29)

Sec. 3.29. Advance deposit wagering. "Advance deposit wagering" means a method of pari-mutuel wagering in which an individual may establish an account, deposit money into the account, and use the the account balance to pay for pari-mutuel wagering authorized by this Act. An advance deposit wager may be placed in person at a wagering facility or from any other location via a telephone-type device or any other electronic means. Any person who accepts an advance deposit wager who is not licensed by the Board as an advance deposit wagering licensee shall be considered in violation of this Act and the Criminal Code of 2012. Any advance deposit wager placed in person at a wagering facility shall be deemed to have been placed at that wagering facility.

(Source: P.A. 96-762, eff. 8-25-09; 97-1150, eff. 1-25-13.)