Illinois HB4070 amends gambling laws to allow relocation of low-performing casinos and adjust tax rates.
Illinois HB4070 amends the Illinois Gambling Act to allow the relocation of the three lowest-performing casinos based on adjusted gross receipts. The Illinois Gaming Board must conduct a survey to rank casinos and establish a request for proposals process for municipalities or counties to bid for hosting these casinos. The bill also adjusts the tax rates on gambling operations, including slot machines and table games, and modifies the distribution of tax revenue to various state funds and local governments.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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