Illinois HB4063 amends the Sports Wagering Act to allow sports wagering on Illinois collegiate teams under specific conditions.
Illinois HB4063 amends the Sports Wagering Act to permit sports wagering on events involving Illinois collegiate teams, provided the wager is a tier 1 wager, unrelated to an individual athlete's performance, and made in person. The bill also allows master sports wagering licensees to use any data source for determining the results of tier 2 sports wagers until official league data becomes available on commercially reasonable terms. The changes take effect immediately upon becoming law.
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- Legal Framework
- Critical Issues
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