Illinois Compiled Statutes
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230 ILCS 10/7.4
(230 ILCS 10/7.4)
(a) A qualified person may apply to the Board for a managers license to
and manage any gambling operation conducted by the State. The application shall
made on forms provided by the Board and shall contain such information as the
prescribes, including but not limited to information required in Sections 6(a),
(c) and information relating to the applicant's proposed price to manage State
operations and to provide the riverboat, gambling equipment, and supplies
conduct State gambling operations.
(b) Each applicant must submit evidence to the Board that minority persons
females hold ownership interests in the applicant of at least 16% and 4%,
(c) A person, firm, or corporation is ineligible to receive a managers
(1) the person has been convicted of a felony under
the laws of this State, any other state, or the United States;
(2) the person has been convicted of any violation of
Article 28 of the Criminal Code of 1961 or the Criminal Code of 2012, or substantially similar laws of any other jurisdiction;
(3) the person has submitted an application for a
license under this Act which contains false information;
(4) the person is a member of the Board;
(5) a person defined in (1), (2), (3), or (4) is an
officer, director, or managerial employee of the firm or corporation;
(6) the firm or corporation employs a person defined
in (1), (2), (3), or (4) who participates in the management or operation of gambling operations authorized under this Act; or
(7) a license of the person, firm, or corporation
issued under this Act, or a license to own or operate gambling facilities in any other jurisdiction, has been revoked.
(d) Each applicant shall submit with his or her application, on forms
the Board, 2 sets of his or her fingerprints.
(e) The Board shall charge each applicant a fee, set by the Board, to defray
the costs associated with the background investigation conducted by the
(f) A person who knowingly makes a false statement on an application is
guilty of a Class A misdemeanor.
(g) The managers license shall be for a term not to exceed 10 years, shall
renewable at the Board's option, and shall contain such terms and
provisions as the Board deems necessary to protect or enhance the
credibility and integrity of State gambling operations, achieve the highest
prospective total revenue to the State, and otherwise serve the interests of
the citizens of Illinois.
(h) Issuance of a managers license shall be subject to an open and
process. The Board may select an applicant other than the lowest bidder by
price. If it does not select the lowest bidder, the Board shall issue a notice
the lowest bidder was and a written decision as to why another bidder was
(Source: P.A. 97-1150, eff. 1-25-13.)