Illinois SB3232 amends the Sports Wagering Act to revise the application and licensing process for master sports wagering licenses.
Illinois SB3232 amends the Sports Wagering Act to revise the application and licensing process for master sports wagering licenses. The bill sets an application fee of $250,000 and a license fee of $15,000,000 for applicants. It removes provisions concerning the number of licenses to online sports wagering operators and public notice requirements. The Illinois Gaming Board must ensure applicants meet statutory and regulatory criteria before issuing licenses. The Board may adopt rules to implement remedial measures if a study finds a compelling interest.
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