Illinois Senate passes DFS bill
An iGaming and daily fantasy sports bill was passed yesterday by the Illinois Senate.
US.- Daily fantasy sports (DFS) and the online gaming industry took a major step yesterday in Illinois, as the state’s Senate passed at last minute a comprehensive bill. However, officials could not confirm whether the Illinois House of Representatives is considering the project during the next legislative session.
Immediately after the Senate approved HB479, which sets conditions to legalise both daily fantasy sports and online gaming platforms, the House ended its current session. The next session is starting on June 8, although legislators could further postpone the debate on the Senate’s amendments.
The House Bill was modified yesterday by the Senate, and later passed by 42-10 votes, as FanSided reported. Under the Illinois legislature, DFS and iGaming operators would contribute to the state’s funds following a standard measure based on gross revenue. Companies that gather over US$1 million would pay 5 percent of total gross revenue; those that exceed US$1 million up to US$3 million would pay 7.5 percent of gross revenue; for gross revenues from US$3 million to US$8 million, operators would pay 10 percent of it, and finally, when they gather over US$8 million they would pay 15 percent of gross revenue.
Players under 21 years old and professional sports players would be banned from any kind of gaming platforms and the state would offer assistance at problem gambling.
