Ill. Admin. Code tit. 11 § 1900.755

Current through Register Vol. 48, No. 49, December 6, 2024

Section 1900.755 - Sports Facility Designees

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.

Ill. Admin. Code tit. 11, § 1900.755

Added at 44 Ill. Reg. 10581, effective 6/4/2020.

Amended at 45 Ill. Reg. 3460, effective 3/4/2021