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Can you summarize 11 ILAC Chapter I, Part 1900, Subpart 1900?
SPORTS WAGERING > CONDUCT OF WAGERING
Short Summary
The provided legal document content covers various aspects related to sports wagering in Illinois. It includes the redemption of wagers, conduct of wagering, cancellation or voiding of wagers, prohibition of certain types or forms of wagering, temporary suspension of sports wagering operations, and commencement of sports wagering. The documents apply to master sports wagering licensees, patrons, professional sports teams, leagues, associations, sports governing bodies, institutions of higher education, and the Administrator. The documents outline the rules and regulations for the redemption of winning tickets, including the expiration period and methods of redemption. They also govern the conduct of wagering, prohibiting the transfer of wagers between patrons and restricting employees or key persons from advising or encouraging specific wagers. The documents provide guidelines for the cancellation or voiding of wagers in various circumstances, such as event cancellations or material changes. They also outline the process for requesting the prohibition of certain types or forms of wagering and the temporary suspension of sports wagering operations. The documents further govern the commencement of sports wagering, requiring approval from the Administrator and compliance with the Act and specified regulations. No specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Master sports wagering licensees, patrons, professional sports teams, leagues, associations, sports governing bodies, institutions of higher education, and the Administrator
What does it govern?
Redemption of wagers, conduct of wagering, cancellation or voiding of wagers, prohibition of certain types or forms of wagering, temporary suspension of sports wagering operations, and commencement of sports wagering
What are exemptions?
No specific exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Illinois