SB2913 102ND GENERAL ASSEMBLY

LRB102 20043 SMS 28870 b

102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
SB2913

Introduced 10/13/2021, by Sen. Mattie Hunter

SYNOPSIS AS INTRODUCED:

230 ILCS 45/25-37 new

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.

FISCAL NOTE ACT MAY APPLY

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 Sports Wagering Act is amended by adding Section 25-37 as follows:

(230 ILCS 45/25-37 new)

Sec. 25-37. Other master sports wagering licenses. A professional women's sports team that has been in existence for at least 10 years before the effective date of this amendatory Act of the 102nd General Assembly or its designee may apply to the Board for a master sports wagering license. To the extent permitted by federal and State law, the Board shall actively seek to achieve racial, ethnic, and geographic diversity when issuing the master sports wagering license and encourage minority-owned businesses, women-owned businesses, veteran-owned businesses, and businesses owned by persons with disabilities to apply for licensure. Additionally, the report published under subsection (m) of Section 25-45 shall impact the issuance of the master sports wagering license to the extent permitted by federal and State law.

The initial license fee for a master sports wagering license issued under this Section is 5% of the professional women's sports team's or its designee's adjusted gross receipts from the preceding calendar year. No initial license fee shall exceed $10,000,000. The master sports wagering license is valid for 4 years.

The professional women's sports team or its designee may renew the master sports wagering license for a period of 4 years by paying a $1,000,000 renewal fee to the Board.

A professional women's sports team or its designee issued a master sports wagering license may conduct sports wagering:

(1) at the facility in which the professional women's sports team plays or within 5 blocks of that facility; and

(2) over the Internet or through a mobile application. The sports wagering offered over the Internet or through a mobile application shall only be offered under either the same brand as the professional women's sports team or the brand its designee is operating under or a brand owned by a direct or indirect holding company that owns at least an 80% interest in that professional women's sports team or its designee on the effective date of this amendatory Act of the 102nd General Assembly.

Until issuance of the first license under Section 25-45, an individual must create a sports wagering account in person at a facility under paragraph (1) to participate in sports wagering offered over the Internet or through a mobile application.

As used in this Section:

"Designee" means a master sports wagering licensee under Section 25-30, 25-35, or 25-45 or a management services provider licensee.

"Minority-owned business", "women-owned business", and "business owned by persons with disabilities" have the meanings given to those terms in Section 2 of the Business Enterprise for Minorities, Women, and Persons with Disabilities Act.