A bill regarding the online casino games bill that cleared the Senate by a 42-10 vote about three weeks ago was sponsored in the House by Rep. Michal Zalewski and in the legislative chamber by Senators Kwame Raoul, Dave Syverson, Steve Stadelman, Pat McGuire and Napoleon Harris.
The bill was to be discussed at a hearing by the Illinois lawmakers on Tuesday.
This bill which was introduced in January didn’t expect much attention in 2017. As a measure of support, the Poker Player Alliance agreed to testify at the Tuesday’s meeting.
Revenue of some $300 million is estimated to be generated by the games.
The Illinois Gaming Board would have the Division of Internet Gaming that would be responsible for the issuance of five-year licences. This license would cost $10 million and would be an advance payment of the 15% taxes on the revenue.
These online poker games are expected to give live poker games a push that is already seeing a decline in its revenue by 9% this year as compared to the previous year in the same duration of first three months.