In provisions amending the Illinois Gambling Act, provides that fees for gaming positions for riverboats and casinos shall be paid by July 1, 2021 (rather than July 1, 2020). Amends the Sports Wagering Act.
Illinois Governor J.B. Pritzker has signed into law the far-reaching gaming expansion bill passed by the state legislature early in June, paving the way for the roll-out of regulated sports betting.
- The Illinois Senate passed the gaming expansion bill June 2, 2019, and sent the legislation to the governor's desk.This GT Alert provides a general summary of the gaming expansion bill followed by a more detailed review of the Sports Wagering Act (the Act).
- Bill sponsor state Rep. Robert Rita, D-Blue Island, said by charging a $17,500 licensing fee, and $30,000 for a Chicago casino, for each new gambling position at any casino, the state stands to.
Senate Bill 690 was one of four bills signed by the Governor as part of the Rebuild Illinois capital plan. This aims to raise $45bn to invest in roads, bridges, railways, universities, early childhood centers and state facilities over the next six years, creating an estimated 540,000 jobs over that period.
The gaming expansion bill allows for the establishment of six new land-based casinos, including a major facility in Chicago, as well as the roll-out of slot machines at racetracks and the O'Hare and Midway airports.
It also includes Representative Robert Rita's Sports Wagering Act, which was attached to the wider bill in a last-minute push to shepherd sports betting legislation into law.
This sets out a $10m license fee for master licenses for casinos and racetracks, with online licenses costing $20m and both certificates valid for four years. Sports facilities, stadia with a capacity of 17,000 or greater, will also be able to secure a licence at a cost of $10m, which also allows for mobile wagering within a 5-block radius of the venue.
Operators will pay a 15% gross revenue tax, to be deposited in the newly created Sports Wagering Fund. Money generated will be split between counties, to support the criminal justice system, and the Capital Projects Fund.
For the first 18 months of the market, customers must sign up in-person for an online sports wagering account.
'I am proud to join Governor Pritzker, Senator [Terry] Link and our many dedicated advocates in communities that will benefit greatly from the gaming expansion package in Senate Bill 690,' said the bill's House sponsor, Representative Bob Rita.
'This is a testament to bipartisan work in Springfield to create jobs and bring new entertainment and tourism dollars to areas that desperately need it around the state. Thank you to everyone who made this victory possible.'
American Gaming Association president and chief executive Bill Miller noted that Illinois had become the 17th US jurisdiction to legalize sports betting since the Supreme Court struck down the Professional and Amateur Sports Protection Act in May 2018.
'As the state rolls out its sports betting framework, it's critical that Illinois sports teams and other newcomers to the gaming business follow the lead of the state's licensed gaming operators in advancing responsible gaming practices that ensure protections for consumers, bets and game integrity,' he added.
Alongside SB690, the Rebuild Illinois package consists of House Bill 62, covering appropriations for capital projects, Senate Bill 1939, to raise revenue for horizontal construction and House Bill 142, for bond authorization.
The measures are expected to raise $33.2bn for the state's roads and bridges, $1bn for passenger rail and $1.8bn for economic and community development. A further $400m will be raised for broadband expansion, with $200m going to affordable housing and $200m to Illinois' healthcare system. Gaming expansion alone is projected to generate $350m a year for state coffers, to be used to fund construction projects.
'With this historic $45 billion capital plan, we're fixing decades-long problems, creating good jobs, improving communities for the next generation – and doing it together, across party lines,' said Governor J.B. Pritzker.
'The Rebuild Illinois plan transforms our state's approach to transportation infrastructure, finally treating our roads, bridges, and railways like 21st century investments and not relics of the past,' he explained. 'We're also making critical investments in our higher education institutions, our crime lab and veterans' homes, early childhood centers, and expanding broadband access to communities across Illinois.
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'With these investments, we're creating and supporting hundreds of thousands of new jobs in our state. This is more than an infrastructure plan. This is a job creation plan the likes of which our state has never seen.'
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SPRINGFIELD -- Six new casinos, along with legalized sports betting, are coming to Illinois after Senate lawmakers approved a massive gambling expansion bill Sunday.
Senate Bill 690, sponsored by Indian Creek Democratic Sen. Terry Link, passed that chamber on a 46-10 vote after being approved by House lawmakers the day before. Gov. J.B. Pritzker has already announced his intention to sign it into law.
'I've only been doing this for 20 years to get this done, and it's a little emotional,' said a teary-eyed Link during floor discussion of the bill.
Link estimated that gambling expansion along with other revenue-raising measures in the bill could net Illinois more than $12 billion in the next six years.
Il Gambling Expansion Bill Pay
'This key piece of legislation really is going to make an economic difference of keeping our dollars home,' he said, adding he expects 'thousands of jobs and billions of dollars in construction across the state.'
That construction would go toward the six new casinos authorized by the bill in Waukegan, Rockford, Danville, South Suburbs, Williamson County and downtown Chicago.
Il Gambling Expansion Bill Blass
Casinos, race tracks and sports facilities that seat more than 17,000 people -- such as Wrigley Field or United Center -- would also be eligible to buy sports betting licenses under the bill, making Illinois one of about a dozen states to legalize the practice after a U.S. Supreme Court ruling last year allowed it.
This sets out a $10m license fee for master licenses for casinos and racetracks, with online licenses costing $20m and both certificates valid for four years. Sports facilities, stadia with a capacity of 17,000 or greater, will also be able to secure a licence at a cost of $10m, which also allows for mobile wagering within a 5-block radius of the venue.
Operators will pay a 15% gross revenue tax, to be deposited in the newly created Sports Wagering Fund. Money generated will be split between counties, to support the criminal justice system, and the Capital Projects Fund.
For the first 18 months of the market, customers must sign up in-person for an online sports wagering account.
'I am proud to join Governor Pritzker, Senator [Terry] Link and our many dedicated advocates in communities that will benefit greatly from the gaming expansion package in Senate Bill 690,' said the bill's House sponsor, Representative Bob Rita.
'This is a testament to bipartisan work in Springfield to create jobs and bring new entertainment and tourism dollars to areas that desperately need it around the state. Thank you to everyone who made this victory possible.'
American Gaming Association president and chief executive Bill Miller noted that Illinois had become the 17th US jurisdiction to legalize sports betting since the Supreme Court struck down the Professional and Amateur Sports Protection Act in May 2018.
'As the state rolls out its sports betting framework, it's critical that Illinois sports teams and other newcomers to the gaming business follow the lead of the state's licensed gaming operators in advancing responsible gaming practices that ensure protections for consumers, bets and game integrity,' he added.
Alongside SB690, the Rebuild Illinois package consists of House Bill 62, covering appropriations for capital projects, Senate Bill 1939, to raise revenue for horizontal construction and House Bill 142, for bond authorization.
The measures are expected to raise $33.2bn for the state's roads and bridges, $1bn for passenger rail and $1.8bn for economic and community development. A further $400m will be raised for broadband expansion, with $200m going to affordable housing and $200m to Illinois' healthcare system. Gaming expansion alone is projected to generate $350m a year for state coffers, to be used to fund construction projects.
'With this historic $45 billion capital plan, we're fixing decades-long problems, creating good jobs, improving communities for the next generation – and doing it together, across party lines,' said Governor J.B. Pritzker.
'The Rebuild Illinois plan transforms our state's approach to transportation infrastructure, finally treating our roads, bridges, and railways like 21st century investments and not relics of the past,' he explained. 'We're also making critical investments in our higher education institutions, our crime lab and veterans' homes, early childhood centers, and expanding broadband access to communities across Illinois.
Address: 777 Diamond Jo Lane. Northwood, IA 50459 Phone Number: (641) 323-7777 Hours: Daily 8:00am - 3:00am. Located just off I-35 at the Iowa/Minnesota border, Diamond Jo Worth is a high-energy casino and entertainment destination. We offer 925 slots, 23 table games, a no-limit poker room, live entertainment every Friday and Saturday at the Big Wheel Bar, a meeting and event center, four restaurants, and an attached Country Inn & Suites. Address: 777 Diamond Jo Lane. Northwood, IA 50459 Phone Number: (641) 323-7777: Hours: Sunday - Thursday 8:00am - 3:00am, Friday & Saturday Open 24 Hours. Diamond jo casino northwood iowa phone number.
'With these investments, we're creating and supporting hundreds of thousands of new jobs in our state. This is more than an infrastructure plan. This is a job creation plan the likes of which our state has never seen.'
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Illinois' sports betting market grew once again in October, with amounts wagered up 42.4% month-over-month to $434.6m, and revenue jumped to $42.2m as the vertical's…
PA sets new sports and igaming revenue records in November
Pennsylvania broke its sports betting and online gambling revenue records in November, though declining land-based revenue led to a year-on-year drop in the state's monthly…
Discover more
SPRINGFIELD -- Six new casinos, along with legalized sports betting, are coming to Illinois after Senate lawmakers approved a massive gambling expansion bill Sunday.
Senate Bill 690, sponsored by Indian Creek Democratic Sen. Terry Link, passed that chamber on a 46-10 vote after being approved by House lawmakers the day before. Gov. J.B. Pritzker has already announced his intention to sign it into law.
'I've only been doing this for 20 years to get this done, and it's a little emotional,' said a teary-eyed Link during floor discussion of the bill.
Link estimated that gambling expansion along with other revenue-raising measures in the bill could net Illinois more than $12 billion in the next six years.
Il Gambling Expansion Bill Pay
'This key piece of legislation really is going to make an economic difference of keeping our dollars home,' he said, adding he expects 'thousands of jobs and billions of dollars in construction across the state.'
That construction would go toward the six new casinos authorized by the bill in Waukegan, Rockford, Danville, South Suburbs, Williamson County and downtown Chicago.
Il Gambling Expansion Bill Blass
Casinos, race tracks and sports facilities that seat more than 17,000 people -- such as Wrigley Field or United Center -- would also be eligible to buy sports betting licenses under the bill, making Illinois one of about a dozen states to legalize the practice after a U.S. Supreme Court ruling last year allowed it.
The legislation also includes allowing slots at O'Hare and Midway airports in Chicago.
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Il Gambling Expansion Bill Gates
In a news release Saturday, Pritzker expressed his support for the measure and praised the lawmakers who have unsuccessfully tried to expand gambling in the state for years.
'Legalized sports betting and expanding gaming will create jobs up and down the state .. where communities hungry for employment will see 10,000 new jobs,' he said. 'Gaming expansions in this state have been attempted and failed for years. .. Today is a win for the whole state.'
Revenues raised from the new casinos, the selling of sports betting licenses, and a higher tax on video gambling machines would go toward funding the vertical components of a long-term capital infrastructure plan, such as state building renovations. Sports betting licenses would range from $3.2 million to $20 million and be offered to both brick-and-mortar facilities and to online operators, with taxes of 15 percent.
Under the bill, race tracks in the state would be able to install slot machines and table games, turning them into racinos. A pilot program will also assess sports betting through the Illinois Lottery, a plan that was considered but dropped by lawmakers earlier in the session.
