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* Sponsor’s dot-points about the proposed gaming bill…
SPORTS BETTING
• Allows Wintrust Arena, home of the WNBA’s Chicago Sky basketball team, to qualify as a sports betting venue
o Initial license fee of 5 percent of AGR, not to exceed $10 million
o Valid for four years – could be renewed for four years with a $1 million renewal fee to the Gaming Board
o Current law allows seven master sports betting licenses, and no facilities have been awarded licenses to date by the Gaming Board
• Allows bets on Illinois college teams (not individual performances). Bets can only be placed in person, and this has a two-year sunset provisionHORSE RACING
• Allows stallions owned by non-Illinois breeders to bring their stallions to Illinois to breed with Illinois mares, and allows those foals to qualify for the Illinois Conceived and Foaled racing program.
• Removes the requirements that the stallion owners under the Illinois Standardbred Breeders Fund (the fund used to pay purses for the Illinois Conceived and Foaled program) must be Illinois residents.
• Adds a provision providing that while a non-Illinois based stallion involved in the program shall stand for service at and within Illinois at the time of a foal’s conception, semen from such a stallion may be transported outside of Illinois.
o Permanently removes provisions requiring that a mare must be inseminated in Illinois in order for the offspring to be eligible for the program and that semen from an Illinois stallion may be transported outside of Illinois. Current law provides that these provisions are temporarily suspended from 2018 until 2022.
• Provides that the Racing Board can grant a racino license in southern Cook County at any of its meetings and can reject applications that don’t conform to established procedures.
o The Board can consider amended applications – applicants would have current and future rights of existing Illinois racetracks when the license is grantedGAMING BOARD
• Creates a single renewal date for all casino, video and sports wagering licenses, and allows multi-year licenses across all gaming disciplines
o Changes the duration of the sports wagering supplier license from an annual term to a 4 year term to align the sports wagering supplier license with the casino supplier licensure term of 4 years;
o Allows entities holding several licenses across casino, video and sports wagering with different renewal dates to merge these dates into a single renewal date for all of the respective licenses. This would reduce considerable, duplicative work done by the Gaming Board’s (IGB) Licensing, Legal, Finance, Audit and Investigation units and eliminate similar redundancies for IGB licensees submitting multiple renewal applications; and
o Allows multi-year licenses across all gambling disciplines. This would eliminate the current requirement under the Video Gaming Act for annual license renewals. Initially, all video licenses would be issued for one year, and renewals would be for four years. This change would make the license periods for video gaming terminal operators, manufacturers, distributors and suppliers mirror the periods for casino licenses issued under the Illinois Gambling Act.
• Creates a sales agent and broker license in video gaming, with various requirementsCASINOS
• Provides that licensed casino and racino employees also can work in sports betting positions at the same facility
• Requires casino licenses to have fully executed labor peace agreements
• Changes state taxation of the Casino Queen in the Metro East to its modified AGR, with stipulationsVIDEO GAMING
• Limits home rule communities to a fee of no more than $250 per video gaming machine
• Prohibits communities from imposing a “push tax” on video gaming
• Allows qualified fraternal and veterans organizations deriving charters from national organizations to apply for video gaming licenses in communities or counties where video gaming is banned (excluding Cook County and Chicago)
Remember, it’s just a bill. Things can change, things can die.
posted by Rich Miller
Monday, May 31, 21 @ 2:05 pm
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I guess it’s a baby step, but why not just go all in with online?
Comment by AD Monday, May 31, 21 @ 2:17 pm
AD - because we have to strike a balance with the athletic directors. This is splitting the baby.
Comment by Z Monday, May 31, 21 @ 2:19 pm
improvements, hopefully it passes
Comment by sladay Monday, May 31, 21 @ 2:24 pm
==Allows bets on Illinois college teams. Bets can only be placed in person, and this has a two-year sunset provision==
Absolutely short sighted and ridiculous. The only people benefiting from this are off shore gaming sites. Illinois needs revenue yes? Allow online in state sports betting and forget the sunset provision.
Comment by low level Monday, May 31, 21 @ 2:25 pm
The need to make book on things revolving around Illinois is the idea that the gambling and chasing losses and the need to have *more* opportunities is pushing the opportunity for those making book to get more money.
“It is what it is”, but it is a greater way to get more losses (which are wins) for the bookmakers, when what is the percentage of Illinois games overall?
Comment by Oswego Willy Monday, May 31, 21 @ 2:26 pm
What is a “push tax”?
Comment by al Monday, May 31, 21 @ 2:31 pm
–What is a “push tax”?–
It’s a tax per play on the machine. Oak Lawn was looking at implementing it. https://chicago.suntimes.com/politics/2020/2/21/21147917/oak-lawn-video-gambling-push-tax-industry-rita
Comment by sladay Monday, May 31, 21 @ 2:38 pm
The Casino Queen Casino getting a Special deal? This is the Casino Tyrone Fahner represents.
Comment by Al Monday, May 31, 21 @ 2:56 pm
== I guess it’s a baby step, but why not just go all in with online? ===
Have you met Bob Rita?
Comment by snark encouraged Monday, May 31, 21 @ 2:57 pm
Z, what do you mean about striking a balance with Athletic Directors?
Comment by Amalia Monday, May 31, 21 @ 2:59 pm
This is an improvement?
Comment by low level Monday, May 31, 21 @ 3:03 pm
Isn’t Wintrust also the home arena for Depaul?
Comment by fs Monday, May 31, 21 @ 3:15 pm
Who is sponsoring this Bill? Is it the State of Nevada’s Department of Economic Development? Illinois $85 billion economy giving a cool billion to Nevada businessmen? That does not help Illinois economy.
Comment by Al Monday, May 31, 21 @ 3:21 pm
Nice gesture to Gaming companies and their lobsters — the ones who are really behind opening gaming for collegiate sports. Just an opportunity to line their pockets.
Comment by Summer Breeze Monday, May 31, 21 @ 3:42 pm
===This is splitting the baby===
That’s not how all of the ADs see it Z. Feels more like one, or some ADs are OK with in-state betting, but not all of them.
Comment by 47th Ward Monday, May 31, 21 @ 5:04 pm
talking Athletic Directors again, which ones–some, which one -more like one? are these ADs at public universities?
Comment by Amalia Monday, May 31, 21 @ 6:34 pm
Amalia, it’s my understanding that all Division 1 ADs signed on to a letter asking the General Assembly not to remove the prohibition on Illinoisans betting on Illinois teams. I think splitting the baby is a euphemism for splitting the coalition. But I haven’t haven’t been part of the discussions, so I’m speculating.
Comment by 47th Ward Monday, May 31, 21 @ 6:59 pm
I get it about splitting the baby, but if I was a betting man (which I am), I’d wager that the State is leaving 90% of that revenue on the table. I’m not willing to drive to East St. Louis or Peoria on a Saturday morning to bet on my Illini, watch the game there away from my family so I can cash in my ticket. But, if I can log into my FanDuel app at 10:45 before a 11 am kickoff and put $50 on them, sign me up.
Comment by AD Monday, May 31, 21 @ 7:59 pm