4-156-973 Tax imposed.

   There is hereby imposed a tax on each primary sports licensee operating in the City. The rate of the tax shall be 2% of the adjusted gross sports wagering receipts from sports wagers that are placed within the City at, or within a 5-block radius of, any of the following: a casino facility, race track facility, or sports facility where sports wagering is allowed under Section 4-156-968.

(Added Coun. J. 12-15-21, p. 42922, § 4)

4-156-974 Tax payments.

   The tax imposed pursuant to this Article is due and payable to the Department of Finance no later than the 15th day of the month following the calendar month in which the adjusted gross sports wagering receipts were received and the tax obligation was accrued.

(Added Coun. J. 12-15-21, p. 42922, § 4)

4-156-975 Application of Uniform Revenue Procedures Ordinance.

   Whenever not inconsistent with this Article, or whenever this Article is silent, the Uniform Revenue Procedures Ordinance, Chapter 3-4 of this Code, shall apply and supplement this Article.

(Added Coun. J. 12-15-21, p. 42922, § 4)

4-156-977 Diversity goals for sports wagering.

   (a)   Consistent with the Sports Wagering Act and to the extent permitted by law, the City of Chicago will actively seek to achieve racial, ethnic, and geographic diversity when issuing primary sports licenses under this Article and encourage minority-owned businesses, women-owned businesses, veteran-owned businesses, and businesses owned by persons with disabilities to apply for licensure. This subsection is aspirational and shall not form the basis for a private right of action.

   (b)   Each licensee under this Article shall submit to the Commissioner of Business Affairs and Consumer Protection a copy of its annual report required under the Sports Wagering Act, 230 ILCS 45/25-85, regarding all procurement goals and actual spending for businesses owned by women, minorities, veterans, and persons with disabilities and small business enterprises in the previous calendar year.

(Added Coun. J. 12-15-21, p. 42922, § 4)

4-156-979 Rulemaking authority.

   The Commissioner of Business Affairs and Consumer Protection is authorized to promulgate rules necessary or appropriate to implement this Article, and rules related to sports wagering advertisements.

(Added Coun. J. 12-15-21, p. 42922, § 4)

4-156-980 Violation – Penalty.

   Any person violating this Article shall be subject to a fine of not more than $10,000.00 for each offense. Each day that a violation continues shall constitute a separate and distinct offense to which a separate fine shall apply.

(Added Coun. J. 12-15-21, p. 42922, § 4)