Bill Text: IL SB2558 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the Illinois Gambling Act. Sets forth provisions that shall apply if the Illinois Gaming Board becomes authorized to issue licenses to conduct Internet gaming. Provides that before the issuance or renewal of an Internet gaming license, Internet management service provider license, or supplier license, the Illinois Gaming Board shall conduct a comprehensive investigation of each applicant for a license to determine whether the applicant or any of its affiliates, including entities under common control, is knowingly accepting revenue, directly or indirectly, derived from any jurisdiction subject to sanctions administered by the Office of Foreign Assets Control of the United States Department of the Treasury or accepting or assisting, directly or indirectly, in the acceptance of online wagers or consideration related to online wagering from any country in which such online gambling is prohibited or illegal. Provides that the Board shall not issue a license to an applicant if the Board determines that the applicant or any of its affiliates is in violation of specified provisions. Provides that if at any time during licensure the Board determines that the licensee or any of its affiliates is in violation of specified provisions, the Board shall impose discipline on the licensee, which may include revocation of the license.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2023-03-29 - Referred to Assignments [SB2558 Detail]
Download: Illinois-2023-SB2558-Introduced.html
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
1 | AN ACT concerning gaming.
| |||||||||||||||||||
2 | Be it enacted by the People of the State of Illinois,
| |||||||||||||||||||
3 | represented in the General Assembly:
| |||||||||||||||||||
4 | Section 5. The Illinois Gambling Act is amended by adding | |||||||||||||||||||
5 | Section 5.5 as follows:
| |||||||||||||||||||
6 | (230 ILCS 10/5.5 new) | |||||||||||||||||||
7 | Sec. 5.5. Prohibition on licensing of Internet gaming | |||||||||||||||||||
8 | entities conducting business in illegal markets. If the | |||||||||||||||||||
9 | Illinois Gaming Board is otherwise authorized to issue | |||||||||||||||||||
10 | licenses to conduct Internet gaming, then the following shall | |||||||||||||||||||
11 | apply: | |||||||||||||||||||
12 | (1) Before the issuance or renewal of an Internet | |||||||||||||||||||
13 | gaming license, Internet management service provider | |||||||||||||||||||
14 | license, or supplier license, the Board shall conduct a | |||||||||||||||||||
15 | comprehensive investigation of each applicant for a | |||||||||||||||||||
16 | license to determine whether the applicant or any of its | |||||||||||||||||||
17 | affiliates, including entities under common control, is | |||||||||||||||||||
18 | knowingly (i) accepting revenue, directly or indirectly, | |||||||||||||||||||
19 | derived from any jurisdiction subject to sanctions | |||||||||||||||||||
20 | administered by the Office of Foreign Assets Control of | |||||||||||||||||||
21 | the United States Department of the Treasury or (ii) | |||||||||||||||||||
22 | accepting or assisting, directly or indirectly, in the | |||||||||||||||||||
23 | acceptance of online wagers or consideration related to |
| |||||||
| |||||||
1 | online wagering from any country in which such online | ||||||
2 | gambling is prohibited or illegal. | ||||||
3 | (2) The Board shall not issue an Internet gaming | ||||||
4 | license, Internet management service provider license, or | ||||||
5 | supplier license to an applicant if the Board determines | ||||||
6 | that the applicant or any of its affiliates, including | ||||||
7 | entities under common control, is knowingly (i) accepting | ||||||
8 | revenue, directly or indirectly, derived from any | ||||||
9 | jurisdiction subject to sanctions administered by the | ||||||
10 | Office of Foreign Assets Control of the United States | ||||||
11 | Department of the Treasury or (ii) accepting or assisting, | ||||||
12 | directly or indirectly, in the acceptance of online wagers | ||||||
13 | or other consideration related to online wagering from any | ||||||
14 | country in which such online gambling is prohibited or | ||||||
15 | illegal. | ||||||
16 | (3) If at any time during licensure the Board | ||||||
17 | determines that an Internet gaming, Internet management | ||||||
18 | service provider, or supplier licensee or any of its | ||||||
19 | affiliates, including entities under common control, is | ||||||
20 | knowingly (i) accepting revenue, directly or indirectly, | ||||||
21 | derived from any jurisdiction subject to sanctions | ||||||
22 | administered by the Office of Foreign Assets Control of | ||||||
23 | the United States Department of the Treasury or (ii) | ||||||
24 | accepting or assisting, directly or indirectly, in the | ||||||
25 | acceptance of online wagers or other consideration related | ||||||
26 | to online wagering from any country in which such online |
| |||||||
| |||||||
1 | gambling is prohibited or illegal, the Board shall impose | ||||||
2 | discipline on the licensee, which may include revocation | ||||||
3 | of the license.
|