Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE11. ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING |
PART1900. SPORTS WAGERING |
SUBPARTG. LICENSING PROCEDURES |
§1900.755. Sports Facility Designees
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A master sports wagering license under Section 25-40 of the Act may be applied for and be issued in the name of a designee of a sports facility. When a master sports wagering license is applied for or issued in the name of a designee, the provisions of this Section apply.
a) Any rights a designee has to apply for or hold a master sports wagering license under Section 25-40 of the Act are exclusively based on a contract with the qualifying sports facility.
b) The owners of the respective sports facility shall be key persons of a designee for the purposes of any master sports wagering license issued under Section 25-40 of the Act.
c) A sports facility shall notify the Board of any termination of a designee relationship. Upon the effective date of the termination, the master sports wagering license shall immediately expire.
d) If a master sports wagering license in the name of a designee under Section 25-40 of the Act is denied, revoked, not renewed, or expires, the sports facility shall have a 180-day period during which its owners or a newly named designee may apply for a master sports wagering license. If the 180-day period expires without a new application, or if the sports facility notifies the Board of its intent not to pursue a new license, the Administrator may begin a new application process under Section 25-40(c) of the Act.
e) When there is no designee, a master sports wagering license issued pursuant to Section 25-40 of the Act shall be issued in the name of the owner of the facility.
(Source: Amended at 45 Ill. Reg. 3460, effective March 4, 2021)