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Can you summarize 11 ILAC 1900.1120?
CONDUCT OF WAGERING > Prohibited Wagering Activity
Short Summary
This legal document governs the conduct of wagering in the State of Illinois, specifically related to sports wagering. It prohibits certain individuals from engaging in wagering activities, including persons under 21 years of age, persons not physically located in Illinois, persons located outside a 5-block radius from a sports facility, persons enrolled in the self-exclusion program, athletes, competitors, referees, officials, coaches, managers, medical professionals, athletic trainers, employees or contractors of a team or athletic organization with access to nonpublic information, and key persons or employees of a master sports wagering licensee or management services provider licensee. The document also prohibits certain types of wagers, such as wagering on minor league sports events, sports events involving Illinois collegiate teams or individuals, school-sponsored or affiliated sports events other than collegiate events, sports events with majority participants under 18 years of age, and wagers prohibited by the Illinois Racing Board. The master sports wagering licensees have responsibilities to prevent prohibited wagering, notify authorities of prohibited wagers, and refund void wagers. The document outlines penalties for non-compliance, including voiding of prohibited wagers, refund of wagers, deduction from adjusted gross sports wagering receipts, and remittance to the Sports Wagering Fund.
Whom does it apply to?
Persons engaging in sports wagering in the State of Illinois
What does it govern?
Prohibited Wagering Activity
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Voiding of prohibited wagers, refund of wagers, deduction from adjusted gross sports wagering receipts, remittance to the Sports Wagering Fund
Jurisdiction
Illinois