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Bill > SB4019


IL SB4019

IL SB4019
VIDEO GAMING TERMINAL PAYOUTS


summary

Introduced
02/06/2026
In Committee
02/24/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Video Gaming Act. Makes changes to defined terms. Provides that each licensed establishment, licensed truck stop establishment, licensed large truck stop establishment, licensed fraternal establishment, and licensed veterans establishment at which video gaming terminals are available shall have a payout device approved by the Board. Removes provisions requiring a player to turn in the player's ticket to the appropriate person at those establishments. Provides that no cash award for the maximum wager on any individual hand shall exceed the W-2G reporting requirements set by the Internal Revenue Service (instead of $1,199). Requires cash awards to be awarded in denominations rounded to the nearest 5 cent credit.

AI Summary

This bill amends the Video Gaming Act to update regulations for video gaming terminals in licensed establishments, truck stops, fraternal organizations, and veterans' organizations. Key changes include requiring these locations to have a payout device approved by the Illinois Gaming Board, which is the state agency that oversees gaming. It also removes the previous requirement for players to physically turn in a ticket to an employee to receive their winnings, and instead, cash awards for the maximum wager on any single hand will now be capped by the W-2G reporting requirements set by the Internal Revenue Service, which is a federal tax form used to report gambling winnings, rather than the previous fixed limit of $1,199. Additionally, cash awards will be rounded to the nearest 5-cent credit.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

To Gaming, Wagering, and Racing (on 02/25/2026)

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