The Senate Bill 1884 approved by the Illinois House of Representatives
Members of the Illinois House of Representatives overwhelmingly approved proposed legislation over the weekend that would see residents of the Midwestern American state permitted to place horseracing wagers online.
Known as Senate Bill 1884, the measure cleared the Illinois House of Representatives by a vote of 90 to 18 on Sunday and now heads to the Illinois Senate for further consideration.
The measure follows the expiration six months ago of a law that allowed residents of the state to place horseracing wagers online and would legalise this practice until the end of the current year.
According to a report from the Quad-City Times newspaper, online gambling generated $1.8 million for the state in taxes last year but the current proposal has recently come under fire for supposedly violating an earlier agreement with the horseracing industry and Chicago State University. These two groups were due to receive a cut of these duties however an audit has allegedly revealed that tracks in the state received none of the $115 million, which was due to help them offset a projected loss in revenues brought about by the opening of casinos. The new legislation would see the industry receive $23 million while the university is to be given $1.4 million instead of the estimated $14 million.