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Browsing Tag gambling machine tax

President Preckwinkle Announces Adjustment to Proposed Tax on Gambling Machines

By at October 30, 2012 | 12:40 pm | 0 Comment

President Preckwinkle Announces Adjustment to Proposed Tax on Gambling Machines

Cook County Board President Toni Preckwinkle today announced an adjustment to her proposed tax on gambling machines by creating a two-tiered system. The tax rate would be $1,000 per electronic gambling device, such as a slot machine, and $200 per video gaming terminal, such as a video poker machine.  The Gambling Machine Tax will continue to be paid by the machine more...

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