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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 HB3970 Introduced 1/8/2020, by Rep. Deb Conroy SYNOPSIS AS INTRODUCED: |
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Amends the Sports Wagering Act. Provides that a supplier or vendor authorized by a sports governing body or sports league, organization, or association to distribute tier 2 official league data is not required to obtain a tier 2 official league data provider license if that supplier or vendor already holds a supplier license or if that supplier or vendor has been granted a temporary or conditional authorization to offer any of its services as a supplier licensee.
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| | A BILL FOR |
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| | HB3970 | | LRB101 15474 SMS 64815 b |
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1 | | AN ACT concerning gaming.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Sports Wagering Act is amended by changing |
5 | | Section 25-60 as follows: |
6 | | (230 ILCS 45/25-60)
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7 | | Sec. 25-60. Tier 2 official league data provider license. |
8 | | (a) A sports governing body or a sports league, |
9 | | organization, or association or a vendor authorized by such |
10 | | sports governing body or sports league, organization, or |
11 | | association to distribute tier 2 official league data may apply |
12 | | to the Board for a tier 2 official league data provider |
13 | | license. |
14 | | (b) A tier 2 official league data provider licensee may |
15 | | provide a master sports wagering licensee with official league |
16 | | data for tier 2 sports wagers. No sports governing body or |
17 | | sports league, organization, or association or a vendor |
18 | | authorized by such sports governing body or sports league, |
19 | | organization, or association may provide tier 2 official league |
20 | | data to a master sports wagering licensee without a tier 2 |
21 | | official league data provider license. |
22 | | Notwithstanding the provisions of this Section, the |
23 | | licensing and fee requirements of this Section shall not apply |
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| | HB3970 | - 2 - | LRB101 15474 SMS 64815 b |
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1 | | if, under subsection (g) of Section 25-25, master sports |
2 | | wagering licensees are not required to use official league data |
3 | | to determine the results of tier 2 sports wagers. |
4 | | (c) The initial license fee for a tier 2 official league |
5 | | data provider license is payable to the Board at the end of the |
6 | | first year of licensure based on the amount of data sold to |
7 | | master sports wagering licensees as official league data as |
8 | | follows: |
9 | | (1) for data sales up to and including $500,000, the |
10 | | fee is $30,000; |
11 | | (2) for data sales in excess of $500,000 and up to and |
12 | | including $750,000, the fee is $60,000; |
13 | | (3) for data sales in excess of $750,000 and up to and |
14 | | including $1,000,000, the fee is $125,000; |
15 | | (4) for data sales in excess of $1,000,000 and up to |
16 | | and including $1,500,000, the fee is $250,000; |
17 | | (5) for data sales in excess of $1,500,000 and up to |
18 | | and including $2,000,000, the fee is $375,000; and |
19 | | (6) for data sales in excess of $2,000,000, the fee is |
20 | | $500,000. |
21 | | The license is valid for 3 years. |
22 | | (d) The tier 2 official league data provider licensee may |
23 | | renew the license for 3 years by paying a renewal fee to the |
24 | | Board based on the amount of data sold to master sports |
25 | | wagering licensees as official league data in the immediately |
26 | | preceding year as provided in paragraphs (1) through (6) of |
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| | HB3970 | - 3 - | LRB101 15474 SMS 64815 b |
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1 | | subsection (c). |
2 | | (e) A supplier or vendor authorized by a sports governing |
3 | | body or sports league, organization, or association to |
4 | | distribute tier 2 official league data is not required to |
5 | | obtain a tier 2 official league data provider license if that |
6 | | supplier or vendor already holds a supplier license under |
7 | | Section 25-50 or if that supplier or vendor has been granted a |
8 | | temporary or conditional authorization to offer any of its |
9 | | services as a supplier licensee under Section 25-50.
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10 | | (Source: P.A. 101-31, eff. 6-28-19.)
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