SB 3872

Short Description:  EXCHANGE TRADE WAGERING

Senate Sponsors
Sen. Bill Cunningham

Statutes Amended In Order of Appearance

Synopsis As Introduced
     Amends the Sports Wagering Act. Provides that "exchange trade wagering" means the buying and selling of betting contracts at any time prior to the conclusion of an event based on a describable zero to 100 scale of probability and employing a recognized market surveillance technology used in United States financial markets that is capable of identifying wagering activities indicative of problem gambling, money laundering, and other actions detrimental to the integrity of sports wagering. Provides for the creation of an exchange trade wagering license. Provides that the Illinois Gaming Board may issue 2 exchange trade wagering licenses to an applicant. Provides for specified licensing requirements and fees. Provides that the license shall not be considered a property right. Provides that taxes levied and collected from an exchange trade wagering licensee shall be the same as taxes levied and collected from a master sports wagering licensee. Provides that an exchange trade wagering license is limited to exchange trade wagering and may not be used to allow a licensee to participate in other types of gambling. Effective immediately.

Last Action 

SB 3443

Short Description:  GAMING-TRUCK STOP GALLONAGE

Senate Sponsors
Sen. Michael E. Hastings and Bill Cunningham

Statutes Amended In Order of Appearance

Synopsis As Introduced
     Amends the Video Gaming Act. Provides that the requirement where a facility sells at retail more than 10,000 gallons of diesel or biodiesel fuel per month shall not be considered or relied upon by the Illinois Gaming Board as the basis to deny renewal of a licensed truck stop establishment license and a licensed large truck stop establishment license.

Last Action 

SB 3684

Short Description:  GAMING REVENUE-RACING BOARD

Senate Sponsors
Sen. Steve Stadelman

Statutes Amended In Order of Appearance

Synopsis As Introduced
     Amends the Illinois Horse Racing Act of 1975. Provides that certain pari-mutuel taxes shall be remitted to the Illinois Racing Board (currently, the Department of Revenue) for deposit into the Horse Racing Fund. Amends the Video Gaming Act. Provides that moneys in the Local Government Video Gaming Distributive Fund shall be allocated by the Illinois Gaming Board (currently, the Department of Revenue). Effective January 1, 2023.

Last Action 

SB 3203

Short Description:  GAMING-ADD CHARITY GAMES

Senate Sponsors
Sen. Napoleon Harris, III

Statutes Amended In Order of Appearance

Synopsis As Introduced
     Amends the Charitable Games Act. Requires a licensee seeking to sponsor more than 4 charitable game nights per year to pay an additional nonrefundable fee of $50 for each additional night to the Department of Revenue at least 30 days prior to the night or nights the licensee wishes to conduct such games. Prohibits a licensee from sponsoring more than 12 charitable game nights per year. Removes provisions that provide that persons in charge of the necessary day-to-day operations of the charitable games have not participated in the operation of more than 12 charitable games and those persons have not received compensation for participating in the operation of the games. Prohibits the Department from issuing a license permitting a person, firm, or corporation to sponsor a charitable games night if the premises for the conduct of the charitable games has been previously used for 48 (instead of 12) charitable games nights during the previous 12 months. Requires the Department to license providers of charitable games at a nonrefundable biennial fee of $400 (instead of an annual fee of $50 or a nonrefundable triennial license fee of $150). Provides that each providers' license is valid for 2 years (instead of one year or 3 years for a triennial license). Provides that the Department shall receive a fee of $200 for a one year extension. Allows a licensee who conducts charitable games on its own premises to obtain a providers' license to allow the licensee to provide its premises to another licensee for the conducting of an additional 12 (instead of 4) charitable games events. Provides that the maximum number of charitable games events that may be held at any one premises is limited to 48 (instead of 12) charitable games events per calendar year. Removes provisions that provide that: no person except a bona fide member or employee of the sponsoring organization may participate in the management or operation of the game; no person may receive any compensation from any source for participating in the operation of the game; and no employee, owner, or officer of a consultant service hired by a licensed organization to perform services at the event may participate in the operation of the games.

Last Action