SB 2661

Abstract

Amends the Illinois Gambling Act. Provides that, if an applicant for an owners license or a host municipality has entered into a revenue-sharing agreement with one or more communities other than the host municipality, the parties to the agreement must file with the Illinois Gaming Board (i) a copy of the revenue-sharing agreement, (ii) a copy of all amendments or other modifications that are made to the revenue-sharing agreement, and (iii) proof of having provided notice to all communities that may be affected in any way by the amendments or modifications to the revenue-sharing agreement. Specifies that, in determining whether to grant or renew an owners license to an applicant, the Board shall consider, among other things, whether the applicant has complied with these requirements. Effective immediately.