Illinois Progressing Quickly With Online Gambling Proposal

The state of Illinois is progressing quickly regarding the issue of online poker legalization. A bill was proposed earlier this month by Senate President John Cullerton.

Reports indicate that lawmakers have already made a third amendment to House Bill 4148, allowing an intrastate online poker platform regulated and controlled by the state lottery but licensed out to state land casinos and racetracks including a pricey $5 million licensing fee.

Lawmakers predict $105 million in online poker licensing revenues, which the state will share with its licensees. Not only will the state take on setting standards, requirements and licensing operators but as it stands at the moment, they will also maintain responsibility for player financial transactions.

The business plan is based on an intrastate program but the legislation would have the capability of allowing inter-state deals with compatible states.

Third party technology providers such as geo-location and ID verification would be required to undergo extensive assessments.

  • No avatar medium

    OOPaloo

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    Well this article is dated from a long time back and I just read another article online from this year on pokerwebsites.com. and this article stated that online poker is still two to three years away in Illinois. Sometimes things get held up by other items on the agenda, for example Illinois is prioritizing the land based gambling expansion.At other times certain powerful individuals can stand in the way of progress the above cited article from this year says the previous Governor and the Chairman of a gambling regulatory group were both opposed to online poker, but that is changing with a new governor and new chairman.

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