VIDEO GAMING TERMINAL PAYOUTS
Standardizes payout devices and eliminates ticket handoffs to streamline cash-outs at all licensed video gaming locations.
Standardizes payout devices and eliminates ticket handoffs to streamline cash-outs at all licensed video gaming locations.
SB 4019 amends the Illinois Video Gaming Act to modify how payouts from video gaming terminals are conducted and to update related definitions. The bill aims to standardize payout procedures across licensed establishments (including truck stops, fraternal and veterans establishments) and to adjust monetary limits and rounding rules for cash awards and credits.
Payout device requirement: Each location where video gaming terminals are available (licensed establishments, truck stops, large truck stops, fraternal establishments, and veterans establishments) must have a payout device approved by the Illinois Gaming Board (IGB).
Elimination of ticket handoffs for payouts: Replaces the prior process requiring players to turn in a physical payout ticket to receive cash with a streamlined system tied to the approved payout device.
Maximum cash award limits and IRS thresholds:
Credit and denomination rules:
In-location bonus jackpots:
Definitions clarified/updated: The bill updates several defined terms in the Video Gaming Act, including “Electronic card,” “Electronic voucher,” “Net terminal income,” “Video gaming terminal,” and various types of licensed establishments and participants (manufacturers, distributors, suppliers, terminal operators, licensed technicians, etc.). These definitions are designed to support the updated payout framework and operational responsibilities.
Compiled from official sources — confirm details with the bill’s official record.
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