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Can you summarize 11 ILAC Chapter I, Part 1900, Subpart 1900?
SPORTS WAGERING > LICENSING PROCEDURES
Short Summary
These legal documents cover various aspects of licensing procedures and requirements in the sports wagering industry in Illinois. They provide guidelines for the issuance of temporary identification badges and operating permits, transferability of ownership interest, annual updates, and withdrawal of applications and surrender of licenses. The documents specify the criteria and procedures for granting or rescinding temporary identification badges and operating permits, including factors such as suitability for licensure, past disciplinary actions, and the best interests of the industry. They also outline the requirements for transferring ownership interest and the restrictions on acquiring ownership of certain securities. Additionally, the documents address the licensing procedures for sports facilities and the submission of applications for various licenses. The initial license fees and terms are specified, along with the process for renewal and the consequences of denial or expiration. The documents also require the disclosure of ownership and control information and provide guidelines for the withdrawal of applications and surrender of licenses. Overall, these documents provide a comprehensive framework for licensing procedures and requirements in the sports wagering industry in Illinois.
Whom does it apply to?
Applicants for occupational licenses, master sports wagering licenses, management services provider licenses, supplier licenses, tier 2 official league data provider licenses, and sports facilities
What does it govern?
Licensing procedures, issuance of temporary identification badges and operating permits, transferability of ownership interest, annual updates, withdrawal of applications and surrender of licenses
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Illinois