Legal Question in Business Law in Illinois
IL Gaming Law
Is it illegal to have a lotto club or represent a lotto club in the state of IL. Example having 10 people put a dollar in and the club buys 10 tickets and if there is a winner split the profit?
Asked on 10/03/08, 5:08 pm
1 Answer from Attorneys
Adam S. Tracy
Securities Compliance Group Ltd
Re: IL Gaming Law
Thank you for your question. There is a way you can do this legally. There are a number of variables that go into that. I would be interested in hearing more. Please feel free to email me: [email protected] for more discussion.
Answered on 10/03/08, 7:05 pm
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