HB5034

Illinois HB5034 amends the Sports Wagering Act to establish fees and licensing requirements for master sports wagering licenses.

HB5034 amends the Sports Wagering Act by setting an application fee of $250,000 and a license fee of $15,000,000 for master sports wagering licenses. The bill removes provisions concerning the number of licenses, public notice requirements, and eligibility criteria. It mandates the Illinois Gaming Board to conduct outreach to minority, women, and disabled-owned businesses, and to evaluate race and gender-neutral programs to support these groups in the sports wagering industry.