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Bill > HB5034


IL HB5034

IL HB5034
GAMING-SPORTS WAGERING LICENSE


summary

Introduced
02/04/2026
In Committee
03/27/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Sports Wagering Act. Provides that applicants for a master sports wagering license shall pay an application fee of $250,000 and a license fee of $15,000,000. Removes provisions concerning the number of master sports wagering licenses to online sports wagering operators and public notice requirements. Provides that a master sports wagering licensee may conduct sports wagering over the Internet or through a mobile application. Removes provisions concerning eligibility requirements for a master sports wagering license, the duty of disclosure for an applicant, and outreach requirements for the Department of Commerce and Economic Opportunity and the Illinois Gaming Board. Makes a conforming change. Effective immediately.

AI Summary

This bill amends the Sports Wagering Act to change the licensing process for master sports wagering licenses, which allow companies to conduct sports betting online or through mobile applications. Applicants for these licenses will now pay a $250,000 application fee and a $15,000,000 license fee, and the previous limits on the number of licenses and public notice requirements have been removed. Additionally, the bill eliminates specific eligibility criteria for applicants and the outreach requirements for state departments and the Illinois Gaming Board, which is the state agency responsible for regulating gambling. The bill also makes a conforming change to reflect these amendments and takes effect immediately.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Rule 19(a) / Re-referred to Rules Committee (on 03/27/2026)

Taxonomy

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

bill text


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