Illinois is one step away from legal sports gambling after a last-ditch effort by Rep. Bob Rita fell into place this weekend.
House lawmakers voted to approve a broad expansion of gambling inside a capital financing bill on Saturday, and the Senate followed suit on Sunday. Gaming provisions within the act comprise a long-awaited casino in Chicago and authorization for both retail and internet sports gambling.
The bill now moves to the desk of Gov. J.B. Pritzker, whose current comments make it clear he’ll sign it into law. The governor helped shepherd IL sports betting across the end line, wanting to drive more than $200 million in extra revenue to his nation.
Passage was, honestly, a remarkable accomplishment taking into consideration the lack of progress through the first five weeks of this year. Previous hints from Rep. Mike Zalewski were turned aside, and a perceived conflict of interest forced him to step back at the final days of session.
LSR has been keeping a close eye on the chatter this weekend and updating this webpage as the situation unfolded. Here’s the play-by-play:
Is Sunday the day for Illinois sports gambling?
The Senate eventually takes the ground following 4 p.m. local time. It doesn’t take long.
Sen. Terry Link presents the terms of the amended bill, which includes a total projected financial impact of $12 billion. Commendations and favorable comments from Sen. Dave Syverson, the Senate Minority Leader, appear to indicate that passing is a certainty.
Opinions are short and largely surface-level, using a few lawmakers poking around at narrow provisions which affect their components. Sen. John Curran is the only one who talks to sports gambling at any given length, seeking clarification on the branding provisions for online platforms.
Link is emotional as he closes the event, representing on his 20-year effort to improve economic growth from manufacturing.
The room applauds as the board lights up green, and the Senate concurs with the House changes by a 46-10 vote. Just like that, the bill that will legalize sports betting in Illinois is headed to the Senate.
IL sports gambling bill as amended
Here’s the full text of this language:
What is in the change?
The new vertical financing bill contains a multi-level gaming package headlined by a mega-casino at Chicago. The step also has six categories of licensure for IL sports betting:
Master sports wagering
Management services provider Tier 2 official league data provider Central system provider In plain terms, these categories allow casinos, race tracks, and sports venues to provide sports betting — both in-person and online. The provisions that concern online betting, however, require in-person registration for the first 18 months.
The amendment also authorizes a lottery execution encompassing 2,500 locations in the very first year.
IL sports betting details
The fee for a master sports gambling license is calculated based on gross gaming revenue from the last year. Casinos will cover 5% of the number to provide sports betting for four yearsup to a max of $10 million. That cap wasn’t current in recent versions and should ease the burden on big operators such as Rush Street Gaming. Rita also softened the projected tax rate down to 15% of revenue.
As you can infer from the categories, language mandating using official league info for props and in-play betting stuck. While there is no integrity fee, the bill does empower schools and sports leagues to restrict the types of available wagers. As composed, weatherproof collegiate sports are completely off the plank in Illinois.
The amendment removes the total blackout period for online gambling that snuck to an earlier version, but it will retain a modified penalty box for DraftKings and FanDuel. Daily fantasy sports businesses will be permitted to compete at the sports betting arena, but only master licensees can offer online wagering for the initial 18 months.
The amendment also generates three online-only permits costing $20 million apiece, awarded on a delay by means of a competitive process.
Saturday: Agreement reached for IL sports betting Around three hours into the weekend semester, we’re still in a holding pattern. House lawmakers have ticked several more things off their to-do list now, such as a bill that raises the minimum wages for Illinois teachers. For now, however, there’s nothing new to report on sports betting.
Apart from the things we are already touched , a few other challenges have cropped up.
Perhaps most importantly, Chicago Mayor Lori Lightfoot publicly opposes the bill as written. Her principal concern is the provision permitting sportsbooks interior of stadiums and arenas.
Mayoral opposition leads to’understanding’
Here’s the announcement from Mayor Lightfoot, as mentioned by Capitol Fax:
“I firmly support a gambling bill that directs a new casino and dollars to the town of Chicago. However, I oppose the inclusion of a provision which could open sports wagering in venues like Soldier Field. Such a proposal has the capacity to undermine the viability of any Chicago-based casino via the diversion of consumers and revenue from a casino. Because the effect of sports wagering in stadiums has not been completely assessed or analyzed, I can’t support the bill in its current form and advocate the deletion of this stadium-betting provision.”
On Saturday, but the government releases a follow-up announcement indicating that the dialogue is moving ahead:
“I’ve spoken to Mayor Lightfoot concerning her concerns with regards to sports gambling, and we have reluctantly worked together with the bill sponsors to make clear that the legislative intent will reflect that there are limitations on both the number of and locations for sports betting venues. I’m happy that we’ve attained this understanding…”
Mayor Lightfoot then drops her opposition via another announcement:
“After productive discussions with the Governor, we have agreed to permit a limited amount of betting at sports areas subject to local oversight and control. These enhancements to the gaming proposal will allow us to maximize earnings capabilities of a brand new casino for the City of Chicago and ensure a good quality of life to our areas that might otherwise be impacted. Therefore, I urge the passing of SB 690 as amended…”
Illinois House votes yes on sports betting After a break for committee meetings and caucuses, Rep Bob Rita files a final amendment to the funding package. The sports gambling language appears mostly unchanged in a glimpse, though there are a great deal of words to get through. The bill is known as second reading about 6 p.m. local time and moved straight to third.
By that point, it’s evident that House lawmakers have reached a agreement to pass quite a few large bills — such as this one — until the end of the evening. The ground demonstration becomes something of a victory lap for Rita, with different members commending him for his wide efforts to shore up vertical infrastructure. In his closing, Rita thanks Rep. Mike Zalewski because of his work.
The House votes 87-27 in favor of passing, sending the bill back to the chamber of origin for concurrence. The Senate meets Sunday in 3 p.m.
Friday: Last gasp for IL sports gambling prospects
Friday was frantic at the state capitol, using a myriad of important issues to hammer out on the last day of the scheduled session. Lawmakers did make a dent in the pile of invoices, but leaders had been made to issue a bad-news bulletin stretching the work week through Sunday.
Although sports betting remains unresolved, a substantial effort has surfaced.
Rep. Robert Rita grabbed the reins on Friday, borrowing in the frame of Rep. Mike Zalewski to cobble together a compromise bill. His effort ran from daylight on the House floor, however, the bonus weekend of lawmaking means there’s still hope for sports betting this year.
While there is a momentum, failure to cast a vote Friday makes the job a little bit taller. Any invoices considered from here out there require a 3/5ths supermajority to passa brink which may simply be out of reach.
Here’s a chronological timeline of this day’s events:
A brand new automobile for IL sports betting Lawmakers start the day behind closed doors, working to finalize the framework for IL sports betting. Most presume S 516 will serve as the car, a Chicago casino bill that appears to be a suitable target for the enabling language. A midday curveball, however, shifts the attention.
Joe Ostrowski is a Chicago radio anchor who has had his ear to the floor nowadays, and he is the first to show that everyone is looking in the wrong location.
Some optimism in Springfield for sport gambling.
SB 690 should drop very soon.
7:22 PM – May 31, 2019
Twitter Ads information and solitude Watch Joe Ostrowski’s other Tweets
The bill he references (S 690) is not a gaming bill, but a step amending tax provisions at the Invest in Kids Act. The current version has cleared the Senate and awaits a floor vote at the lower room. Unexpectedly, some expect House lawmakers to submit a new amendment linked to sports gambling.
Sure enough, a placeholder pops upon the docket, with a hearing in the House Executive committee scheduled for 1:30 p.m. local time. A change of sponsor to Sen. Terry Link provides another indication that something is going to happen.
LSR sources indicate that there’s good reason to track the conversation all the way up until the last gavel.
Senate Appropriations committee hearing
Sen. Link gifts the amended bill to the committee, and… boy, is there a lot in it.
Along with the gambling provisions, it also touches on taxes for smokes, parking, video lottery terminals, and a number of other mechanisms to boost state revenue. The overall fiscal impact is near $1 billion, with sports betting representing only a very small part of the bundle.
It’s the fastest of hearings, over in less than five minutes. One member asks whether the bill raises the number of slot machines for every casino licensee — it will — and that’s about it.
House Executive committee hearing
A heated floor debate on a marijuana bill (which finally passed) delays the home hearing by several hours.
After the committee finally convenes, Rep. Mike Zalewski is a surprise addition to the dais in the front of the room. Although the long-suffering proponent of IL sports betting recently stepped back from the spotlight, Rita’s bill lists him as the primary House sponsor. The committee replacements Zalewski in as a temporary member to cast a vote in favour of passing.
Without much lead time, the amendment attracts 34 proponents and nine competitions (which grows to 18). Casino groups including Boyd Gaming, Penn National Gaming, and the Illinois Casino Association remain in relation to this Last language.
Members of this committee have loads of questions, but the bulk of the conversation centers around gambling terms not related to sports betting. Rita struggles to explain some of the finer points in detail, especially as they relate to DraftKings and FanDuel. It’s complex.
The language allows online platforms, but online-only companies can not find licensure for the first 18 months of IL sports betting. The sponsor suggests he built his bill this way to”give Illinois companies a ramp” to the new industry. Rita also notes that his change will not affect the existing status quo for DFS.
The committee advocates adoption of the amendment by an 8-5 vote, progressing the bill to the floor. There’s still a great deal of work left to do prior to adjournment, both on sports betting and on many of pivotal issues — such as the state budget.
Formerly, in Illinois sports betting…
This year’s effort to legalize sports gambling follows in the footsteps of the failed 2018 effort.
As it did last year, work began early in 2019. Lawmakers cobbled together many different potential frameworks, each catering to a specific group of stakeholders. Once again, though, nothing widely palatable had emerged since the last few hours of session ticked off the clock.
The proposed funding from Gov. J.B. Pritzker includes $217 million in revenue from sports gambling, so there is more at stake than just the freedom to wager. Failure would force Illinois to watch from the sidelines while its neighbors at Indiana and Iowa activate their new laws.
Who can participate?
The notion of this”penalty box” is the biggest hurdle to a passing at the moment.
To make a long story short, some casino groups are working to maintain DraftKings Sportsbook and FanDuel Sportsbook out of the Illinois marketplace. They argue that daily fantasy sports is not explicitly lawful in the state, and these so-called bad actors ought to be excluded from licensure for three decades. The actual motivation is, of course, a desire to get rid of competition in the two businesses running away with all the New Jersey sports betting market.
DraftKings responded by briefly running a tv campaign pushing back to the barrier from Rush Street Gaming.
How much does it cost?
The sports leagues also have gained more leverage with Illinois lawmakers than they have elsewhere in the country.
Most previous tips for IL sports betting required payment of an integrity fee and the use of official league data to repay”Tier 2″ wagers. No US sports gambling law includes a ethics fee, and Tennessee is the only one that has a data mandate.
Coupled with licensing fees payable out at $25 million and taxes amounting to 20% of revenue, these operational burdens may stand between the invoice and the finish line.
Who is in charge?
Rep. Mike Zalewski carried the baton all spring, however, a lack of progress and also a perceived conflict of interest forced him to step aside in the 11th hour.
Start-of-day intel indicates that Rep. Bob Rita is actively working to material the enabling language in the wider gambling package before lawmakers head home for the year. In what could be regarded as a reassuring sign, Senate Republican Leader Sen. Dave Syverson has signed as a co-sponsor.
There is no guarantee that bill moves, though, and it may not include sports betting provisions even when it really does.
Matt Kredell contributed to the story.
Read more here: http://gafsad.org
Comments are closed here.