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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 HB5812 Introduced 11/10/2020, by Rep. Lamont J. Robinson, Jr. SYNOPSIS AS INTRODUCED: |
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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 designee.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB5812 | | LRB101 18746 SMS 68201 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 adding |
5 | | Section 25-37 as follows: |
6 | | (230 ILCS 45/25-37 new) |
7 | | Sec. 25-37. Other master sports wagering licenses. A |
8 | | professional women's sports team that has been in existence for |
9 | | at least 10 years before the effective date of this amendatory |
10 | | Act of the 101st General Assembly or its designee may apply to |
11 | | the Board for a master sports wagering license. To the extent |
12 | | permitted by federal and State law, the Board shall actively |
13 | | seek to achieve racial, ethnic, and geographic diversity when |
14 | | issuing the master sports wagering license and encourage |
15 | | minority-owned businesses, women-owned businesses, |
16 | | veteran-owned businesses, and businesses owned by persons with |
17 | | disabilities to apply for licensure. Additionally, the report |
18 | | published under subsection (m) of Section 25-45 shall impact |
19 | | the issuance of the master sports wagering license to the |
20 | | extent permitted by federal and State law. |
21 | | The initial license fee for a master sports wagering |
22 | | license issued under this Section is 5% of the professional |
23 | | women's sports team's or its designee's adjusted gross receipts |