summary
Introduced
02/07/2025
02/07/2025
In Committee
02/07/2025
02/07/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Gambling Act. Provides that, if the Illinois Gaming Board is otherwise authorized to issue licenses to conduct Internet gaming, the Board shall not issue a license if the applicant or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from (i) any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or (ii) any jurisdiction designated by the United States as a state sponsor of terrorism. Provides that, if at any time during licensure, the Board determines that the licensee or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or any jurisdiction designated by the United States as a state sponsor of terrorism, then the Board shall impose a penalty of license revocation if it determines, after notice and an opportunity for hearing, that it would further the public interest to discontinue such operations of the interactive gaming licensee. Effective immediately.
AI Summary
This bill amends the Illinois Gambling Act to establish strict regulations for internet gaming licensing, focusing on preventing companies from doing business with high-risk jurisdictions. Specifically, the Illinois Gaming Board is prohibited from issuing an internet gaming license to an applicant that knowingly accepts revenue from two types of jurisdictions: (1) countries on the Financial Action Task Force's Black List of Money Laundering Countries, and (2) countries designated by the United States as state sponsors of terrorism. If the Board discovers during a licensee's active license period that the company or its affiliates are receiving revenue from such jurisdictions, the Board must revoke the license after providing notice and a hearing, if it determines that terminating the company's operations would serve the public interest. The bill aims to prevent internet gaming companies from engaging with jurisdictions that pose significant financial or national security risks, thereby protecting the integrity of Illinois's gaming industry and maintaining compliance with international financial and security standards.
Sponsors (2)
Last Action
Added as Co-Sponsor Sen. Linda Holmes (on 02/26/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2490&GAID=18&DocTypeID=SB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/SB/10400SB2490.htm |
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