The Racing Board is dependent on Advance Deposit Wagering revenue for funding to perform its regulating obligations, but this thirty days's veto program associated with the General Assembly finished without having the lawmakers using any action about this mechanism for wagering on Illinois events on the Internet.
The current ADW legislation expires Jan. 31. Inside interim, you will find only two brief options from the legislative docket for statute to be restored or rewritten — if legislators reconvene in early December to try to solve the pension crisis as well as on Jan. 29 if they will get back for just one day. Lawmakers also have talked about coming back at the beginning of January to vote on moving up the time that homosexual relationship is allowed in Illinois, but that's maybe not scheduled currently.
In awarding 2014 dates in September, the Racing Board did something unprecedented. It drafted four schedules considering whenever ADW legislation is enacted of course an extra $725, 000 in supplemental investment is appropriated for the financial year that'll end June 30.
The board's very first option — a reproduction of the year's thoroughbred and use dates — is based on ADW being restored before Jan. 31 in addition to extra money being awarded.
The worst situation usually neither can happen by Jan. 31, pushing the board to go to the fourth option and cut the routine.
There is no harness rushing at Maywood Park and its cousin harness track, Balmoral Park, is limited to 13 days, July 5-Sept. 27.
On thoroughbred part, Arlington International Racecourse would have 49 programs, May 1-Aug. 20; Hawthorne could have 15, Aug. 21-Sept. 20; and Fairmount Park in Collinsville will have 10, April 29-May 31.
"The legislators are telling us that we in rushing really need to get our acts together and come up with a remedy, " Maywood president Duke Johnston said. "they truly are saying that if we (the racetracks, horsemen and ADW providers) reach an agreement on what must be in an extension costs, they are going to pass it."
But during the veto session there was clearly a conflict as opposed to a consensus.
The dispute pitted the Churchill Downs, Inc. subsidiaries, Arlington and its particular Internet supplier, Twinspires, against the Illinois organizations: Maywood/Balmoral, Hawthorne, Fairmount, the Illinois Thoroughbred Horsemen's Association, the Illinois Harness Horsemen's Association plus the Illinois Horsemen's Benevolent and Protective Association. Hawthorne's ADW provider, Xpressbet, and Fairmount's provider, TVG, tend to be siding with Arlington/Twinspires, while BetZotic, which is beneath the Maywood/Balmoral umbrella, is backing the bill sustained by the Illinois coalition.
The main element when you look at the Illinois bloc's proposition is a 0.9 percent surcharge on every bet placed through an ADW supplier, while Arlington/Twinspires desires to increase by .135 % the pari-mutuel tax on bets placed within songs and off-track wagering locations and through ADW online gambling.
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