Boyd Gaming closes $100 million purchase of Illinois slot ... Boyd Gaming closes $100 million purchase of Illinois slot route operator. In a one sentence statement Friday, Las Vegas-based Boyd said it now owns Lattner Entertainment Group Illinois, LLC, which operates nearly 1,000 gaming units in more than 200 locations across the state. When it announced the deal last month,... Illinois Gambling Laws - FindLaw While Illinois gambling laws allow betting on horse racing and riverboat casinos, most other types of gambling are prohibited in the state. Contests of skill (rather than mere chance) are allowed, as are charitable games, bingo, and raffles. Learn more about Illinois gambling laws in the table below. Illinois Online Gambling - penny-slot-machines.com
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However, since slot machine gamblers often lose money in the course of winning money, the IRS allows itemized deductions for substantiated losses up to the amounts won, using Form 1040, Schedule A, Line 27. That's the way the federal tax code works, but that's not the way it works in Illinois for the state income tax. The Illinois tax code does ...
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