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IL HB5443
Bill
Status
Introduced
2/6/2026
Primary Sponsor
Curtis Tarver
Click for details
AI Summary
- Amends the Sports Wagering Act to allow the Illinois Gaming Board to issue master sports wagering licenses for online and mobile sports betting operations
- Sets application fee at $250,000 (nonrefundable), initial license fee at $15,000,000, and renewal fee at $1,000,000 for a 4-year license term
- Creates a new regulatory framework for fantasy contests, including definitions, licensing requirements, conduct rules, recordkeeping duties, and responsible gaming provisions
- Exempts participants in licensed fantasy contests from gambling convictions under the Criminal Code of 2012
- Authorizes emergency rulemaking by the Illinois Gaming Board to implement fantasy contest provisions, with the emergency rulemaking authority expiring one year after the Act's effective date
Legislative Description
SPORTS WAGER-FANTASY CONTEST
Last Action
Assigned to Gaming Committee
2/24/2026
Committee Referrals
Gaming2/24/2026
Rules2/13/2026
Full Bill Text
No bill text available