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Illinois Statutes Chapter 230. Gaming § 5/26.7. Advance deposit wagering surcharge

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 26.7. Advance deposit wagering surcharge. Beginning on August 26, 2012, each advance deposit wagering licensee shall impose a surcharge of 0.18% on winning wagers and winnings from wagers placed through advance deposit wagering. The surcharge shall be deducted from winnings prior to payout. Amounts derived from a surcharge imposed under this Section shall be paid to the standardbred purse accounts of organization licensees conducting standardbred racing.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 230. Gaming § 5/26.7. Advance deposit wagering surcharge - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-230-gaming/il-st-sect-230-5-26-7/

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