HB2878 amends the Sports Wagering Act to revise licensing fees and processes for sports wagering in Illinois.
HB2878 amends the Sports Wagering Act to revise the fees and processes for obtaining a master sports wagering license. The bill sets the application fee at $250,000 and the license fee at $15,000,000. It removes previous provisions concerning the number of licenses and public notice requirements. The Illinois Gaming Board is tasked with issuing three master sports wagering licenses to online operators through a competitive selection process.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.