SB3387 Summary

• Amends Illinois Horse Racing Act Section 26 to clarify pari-mutuel wagering rules, including provisions for advance deposit wagering, interstate simulcast wagers, and purse distributions among organization licensees and purse accounts.

• Modifies Riverboat Gambling Act Section 5 to change the Gaming Board's annual report deadline from March 1 to July 1 each year and adds provisions for veterans-owned business participation in gaming operations.

• Updates Riverboat Gambling Act Section 7 to add consideration of veterans ownership in owner license eligibility decisions and requires establishment of contract award goals for veteran-owned businesses.

• Amends Video Gaming Act Sections 45 and 80 to increase terminal handler application and annual fees from $50 to $100, establish new licensing fee categories for establishments, and streamline licensure for current Riverboat Gambling Act supplier licensees applying under the Video Gaming Act.