Amends the Illinois Horse Racing Act of 1975. Makes a technical change in a Section concerning the short title. Replaces everything after the enacting clause. Amends the Riverboat Gambling Act. Authorizes gambling to be conducted at land-based casinos. Makes conforming changes throughout the Act. Provides that an application for an owners license shall include an additional fee of $100,000 to the Illinois Gaming Board. Provides that the fee for renewal of an owners license is $100,000. Provides procedures for a riverboat to relocate to new a location. Removes provisions that describe the geographical locations certain riverboats shall be docked. Makes other changes. Effective immediately.