SB 2723

  • Illinois Senate Bill
  • 104th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Gambling-Owners Licenses

Abstract

Amends the Illinois Gambling Act. Provides that each licensee shall make a reconciliation payment 3 years after the date the licensee begins operating in an amount equal to 75% of the adjusted gross receipts for the most lucrative consecutive 12-month period of operations, minus an amount equal to (i) the initial payment per gaming position paid by the specific licensee and (ii) the $15,000,000 reconciliation fee.

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Oct 28, 2025

Senate

Filed with Secretary by Sen. Bill Cunningham

Senate

First Reading

Senate

Referred to Assignments

Senate

Added as Chief Co-Sponsor Sen. Dave Syverson

Bill Text

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