Illinois General Assembly - Full Text of SR0114
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Full Text of SR0114  102nd General Assembly




SR0114LRB102 15920 MST 21289 r


2    WHEREAS, COVID-19 created unprecedented circumstances that
3changed the lives of all Illinoisans; and
4    WHEREAS, Changes in consumer behavior are likely to
5continue after the virus has run its course; and
6    WHEREAS, The COVID-19 pandemic made many Illinoisans wary
7of leaving their homes for nonessential activities and forced
8many casinos to close their doors for the safety of their
9patrons and employees; and
10    WHEREAS, Internet gaming is partially immune to pandemics
11due to the remote nature of this type of gaming; and
12    WHEREAS, States with legal and available internet gaming,
13such as New Jersey, Pennsylvania, and Delaware, were able to
14generate revenue during the COVID-19 pandemic; and
15    WHEREAS, Nationwide, in the few states that offer it,
16internet gaming earned approximately $402.7 million in gross
17gaming revenue during the second quarter of 2020, a more
18productive quarter than national sports betting operations
19have had to date, according to the American Gaming
20Association; and



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1    WHEREAS, An internet gaming law in Illinois that permits
2online table games, slots, and poker with consumer safeguards,
3a privilege tax on the adjusted gross gaming revenue wagered
4on internet gaming platforms, and licensing fees has the
5potential to increase revenue to the State during the COVID-19
6pandemic; therefore, be it
8ASSEMBLY OF THE STATE OF ILLINOIS, that on or before May 1,
92021 the Illinois Gaming Board is urged to deliver a report to
10the Illinois Senate that includes, at a minimum, detailed
11estimates of the revenue that could have been generated
12through a privilege tax if Illinois had implemented internet
13gaming beginning February 28, 2020; and be it further
14    RESOLVED, The report should include, at a minimum,
15estimates of revenue that could be generated with a privilege
16tax imposed on the adjusted gross gaming revenue wagered on
17internet gaming platforms at the following rates:
18        (a) 12%;
19        (b) 15%;
20        (c) 16%;
21        (d) 15% of the adjusted gross revenue up to and
22    including $25 million and 20% of the adjusted gross
23    revenue in excess of $25 million; and



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1        (e) Any other rate the Illinois Gaming Board deems
2    appropriate to consider; and be it further
3    RESOLVED, That a suitable copy of this resolution be
4delivered to the Illinois Gaming Board.