Loading chat...
IL SB3453
Bill
Status
11/16/2016
Primary Sponsor
Terry Link
Click for details
AI Summary
-
Allows organization licensees and inter-track wagering location licensees under the Illinois Horse Racing Act of 1975 to operate video gaming terminals at their facilities, with organization licensees permitted to operate up to 100 terminals and inter-track wagering location licensees permitted to operate up to 5 terminals.
-
Requires organization licensees and inter-track wagering location licensees that are directly owned by the organization licensee to deposit 40% of their share of after-tax video gaming profits into horsemen purse accounts associated with their respective racetracks, distributed proportionally by handle for each breed.
-
Removes references to organization licensees and inter-track wagering location licensees from the definition of "licensed establishment" in the Video Gaming Act and updates related provisions throughout the Act to accommodate these entities as separate video gaming locations.
-
Updates the Criminal Code of 2012 to recognize video gaming terminal games at organization licensee locations and inter-track wagering location licensee locations as lawful gambling activity when conducted in accordance with the Video Gaming Act.
-
Makes conforming changes to licensing, location restriction, fee, and operational requirements throughout the Video Gaming Act to apply to the newly authorized organization licensee and inter-track wagering location licensee gaming operations.
Legislative Description
VIDEO GAMING-TRACKS/OTB
Last Action
Referred to Assignments
11/16/2016