Illinois HB 2761: SPORTS WAGERING ACT-LICENSEES

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
HB2761

Introduced 2/6/2025, by Rep. Kimberly Du Buclet 

SYNOPSIS AS INTRODUCED:

230 ILCS 45/25-47 new

 Amends the Sports Wagering Act. Provides that, if a public entity that owns a sports facility does not apply for a master sports wagering license, a professional sports team that (i) plays the majority of its home contests at the sports facility and (ii) has received written authorization from the public entity may apply to the Illinois Gaming Board for a master sports wagering license in place of the public entity and shall be deemed to be a sports facility for the purposes of the Act. Requires a professional sports team granted a license under the provisions to operate through a designee. Sets the initial license fee for a master sports wagering license for a professional sports team at $1,000,000, but adjusts the amount 12 months after the professional sports team licensee begins sportsbook operations based on 5% of its handle from the first 12 months of sportsbook operations. Provides that the master sports wagering license is valid for 4 years. Allows the Board to adopt rules necessary to implement the provisions.

LRB104 08476 LNS 18528 b

A BILL FOR

HB2761LRB104 08476 LNS 18528 b

1 AN ACT concerning gaming.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Sports Wagering Act is amended by adding 

5Section 25-47 as follows:

6 (230 ILCS 45/25-47 new)

7 Sec. 25-47. Master sports wagering licensee issued to a 

8professional sports team.

9 (a) If a public entity that owns a sports facility does not 

10apply for a master sports wagering license, a professional 

11sports team that (i) plays the maj