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Tuesday, May 16, 2006

Illinois Gambling Laws

As per Section 28-1, a person is said to be gambling when he : (1) Plays a game of chance or skill for money or anything valuable or (2) Makes wager upon the result of any game, contest or any political nomination / appointment / election or (3) Operates / keeps / owns / uses / purchases / rents / sells / bargains for lease or sale of, manufactures / distributes any gambling device or (4) Contracts to give himself or another person an option to buy / sell, or contracts to buy / sell, in future, any grain / commodity / security / stock of any company, where at the time of such contract both the parties intend that the contract to buy / sell or the option when exercised shall be settled, not by receipt / delivery of such property, but by payment of difference in prices or (5) Knowingly owns / possesses any book / instrument / apparatus used for bets or wagers or knowingly possesses any money received in betting or wagering or (6) Sell pools on result of any game / contest of skill or chance, political nomination / appointment / election or (7) Sets up / promotes lottery or sells / offers to sell / transfers any ticket or share for any lottery or (8) Sets up / promotes any policy game or sells / offers to sell / knowingly possesses / transfers any policy ticket / slip / record / document / other similar device or (9) Read further...

posted by Jerry "Jet" Whittaker at 1:13 AM

 

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