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Bill > HB4041


IL HB4041

IL HB4041
GAMING-SPORTS WAGERING


summary

Introduced
04/20/2023
In Committee
04/25/2023
Crossed Over
Passed
Dead
01/08/2025

Introduced Session

103rd General Assembly

Bill Summary

Amends the Sports Wagering Act. Provides that a licensee (rather than until July 1, 2023, a licensee) under the provisions may accept a wager for a sports event involving an Illinois collegiate team if the wager is a tier 1 wager and the wager is not related to an individual athlete's performance. Removes language providing that a licensee may accept a wager for a sports event involving an Illinois collegiate team if the wager is made in person instead of over the Internet or through a mobile application.

AI Summary

This bill amends the Sports Wagering Act in Illinois. The key provisions are: 1. It allows licensed sports betting operators to accept wagers on sports events involving Illinois collegiate teams, as long as the wager is a "tier 1" wager (not related to individual athlete performance) and is made in person rather than over the internet or mobile app. This change removes the previous July 1, 2023 sunset date for this allowance. 2. It removes the requirement that the wager on an Illinois collegiate team be made in person, allowing such wagers to be placed over the internet or mobile app as well. 3. It maintains the existing prohibition on accepting wagers on minor league sports events and kindergarten through 12th grade sports events. 4. It provides guidance on the use of official league data for determining the results of "tier 2" sports wagers.

Sponsors (1)

Last Action

Session Sine Die (on 01/07/2025)

Bill Topics

Banking, Finance, and Domestic Commerce
  • ‐ Sports and Gambling Regulation

bill text


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