SB2723 amends the Illinois Gambling Act to modify owners licenses for gambling operations.
SB2723 amends the Illinois Gambling Act to revise the terms and conditions for owners licenses for gambling operations. The bill specifies that the Illinois Gaming Board must consider various factors when issuing licenses, including the character and financial integrity of applicants, the potential economic benefits, and the diversity of ownership. It sets forth detailed criteria for license applications, including fees, reconciliation payments, and initial fees per gaming position.
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