Sen. Bill Cunningham
Filed: 2/7/2022
 
 

 

 

 
10200SB2973sam001LRB102 21247 BMS 33306 a



1
AMENDMENT TO SENATE BILL 2973 




2    AMENDMENT NO. ______. Amend Senate Bill 2973 by replacing 
3everything after the enacting clause with the following:


 
 
4    "Section 5. The Sports Wagering Act is amended by changing 
5Section 25-50 as follows:
 
6    (230 ILCS 45/25-50)

7    Sec. 25-50. Supplier license. 
8    (a) The Board may issue a supplier license to a person to 
9sell or lease sports wagering equipment, systems, or other 
10gaming items to conduct sports wagering and offer services 
11related to the equipment or other gaming items and data to a 
12master sports wagering licensee while the license is active.
13    (b) The Board may adopt rules establishing additional 
14requirements for a supplier and any system or other equipment 
15utilized for sports wagering. The Board may accept licensing 
16by another jurisdiction that it specifically determines to 
 
 
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1have similar licensing requirements as evidence the applicant 
2meets supplier licensing requirements.
3    (c) An applicant for a supplier license shall demonstrate 
4that the equipment, system, or services that the applicant 
5plans to offer to the master sports wagering licensee conforms 
6to standards established by the Board and applicable State 
7law. The Board may accept approval by another jurisdiction 
8that it specifically determines have similar equipment 
9standards as evidence the applicant meets the standards 
10established by the Board and applicable State law.
11    (d) Applicants shall pay to the Board a nonrefundable 
12license and application fee in the amount of $150,000. Except 
13as provided by Section 8.1 of the Illinois Gambling Act, the 
14initial supplier license shall be issued for 4 years unless 
15sooner canceled or terminated. After the initial period, the 
16Board shall renew supplier licenses for additional 4-year 
17periods unless sooner canceled or terminated. Renewal of a 
18supplier license shall be granted to a renewal applicant who 
19has continued to comply with all applicable statutory and 
20regulatory requirements. Beginning 4 years after issuance of 
21the initial supplier license, a holder of a supplier license 
22shall pay a $50,000 $150,000 annual license fee for each 
23additional 4-year renewal period. 
24    (e) A supplier shall submit to the Board a list of all 
25sports wagering equipment and services sold, delivered, or 
26offered to a master sports wagering licensee in this State, as 
 
 
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1required by the Board, all of which must be tested and approved 
2by an independent testing laboratory approved by the Board. A 
3master sports wagering licensee may continue to use supplies 
4acquired from a licensed supplier, even if a supplier's 
5license expires or is otherwise canceled, unless the Board 
6finds a defect in the supplies.

7(Source: P.A. 101-31, eff. 6-28-19; 102-689, eff. 12-17-21.)
  
 
8    Section 99. Effective date. This Act takes effect upon 
9becoming law.".