#IRS

Casino employees had a feeling of dread when Formula One fans rolled into town in November. That's because most F1 fans are from Europe or Asia and Europeans and Asians typically are poor tippers. It was the same kind of feeling most workers had for Comdex, a computer trade show that first came to Las Vegas in 1979 and grew to have a following of…

The rapid growth of a relatively new segment to the Philippines casino industry known as remote gaming will be the subject of the final session of MGS Summit today. IAG's Managing Editor Ben Blaschke will be joined by Suat Sirin, President of Tecnet Asia Inc, to delve into the world of remote gaming, which refers to the license issued to…

When you ask somebody about hubs of casino gambling in the United States, it's likely that Las Vegas, Nevada or Atlantic City, New Jersey, will be the most common answer. After all, those locations have been staples of American gambling and sports betting In recent years, however, gambling legalization has begun sweeping the nation, with more and…

Picture this: You're sitting at a blackjack table, feeling the rush of adrenaline as you play your cards just right. Suddenly, luck is on your side, and you hit the jackpot. The chips are stacked high, and your pockets are bulging with winnings. But wait - before you start counting your newfound fortune, let's talk about the often-overlooked aspect…

The hacking of MGM Resorts' computer and data storage systems in September last reportedly cost the group around US$100 million in EBITDAR, according to its SEC filing dated October 5, 2023. Having personally experienced the impact of the cyberattack, I believe it would have suffered even greater losses, but for the apparent slow response of its…

People have always been captivated by the tantalizing prospect of striking it rich in the blink of an eye. The allure of winning fast money has an irresistible appeal, drawing individuals from all walks of life into the exhilarating world of chance and fortune. Whether it's the spinning reels of online slot machines or the anticipation of lottery…

If you're looking for the best Idaho no-deposit bonuses in the iGaming industry, then you've come to the right place! Continue reading as we explore the top no-deposit online casinos and free-play promotions in the Gem State, helping you find a way to get in on the action without risking a dime! A perfect day at Shoshone Falls. Whitewater rafting…

Are you looking for the best no-deposit bonuses at Nevada online casinos? We've got you covered. Continue reading as we explore the top no-deposit casinos and free-play promotions in the Silver State, helping you find a way to get in on the action without risking any of your hard-earned money! A picture-perfect day at Lake Tahoe. A thrilling night…

The Nevada gaming authority has been deliberating a possible shift in gambling regulations regarding winners who have previously been banned from casinos. A notable member of the Nevada Gaming Control Board (NGCB), George Assad, argues that those trespassing on the premises they've been ousted from should not be collecting their prizes. This…

SOUTH BEND, Ind. (WNDU) - The prosecution involved in the South Bend Housing Authority fraud trial rested its case on Monday. The defense took over with the momentum on its side. One of the defendants successfully got three counts related to conspiracy dismissed due to a lack of evidence presented in the government's case. Two supposed…

Are you looking for the best no-deposit bonuses and free-play promotions at Maine online casinos? Then, you've come to the right place! Continue reading as we explore the top no-deposit casinos in the Pine Tree State and help you find a way to play all your favorite slots and table games without risking a dime. A perfect day at Sebago Lake, tasting…

Looking for the best no-deposit bonuses at Iowa online casinos? Then, you've come to the right place! Continue reading as we explore the top no-deposit casinos and free play promotions in the Hawkeye State, helping you find a way to enjoy all your favorite slots and classic table games without risking a dime! A perfect day at the iconic "Field of…

Are you looking for the best Oregon casino no-deposit bonuses? Then, you've come to the right place. Continue reading to discover the top free-play promotions in the Beaver State and maximize your online gaming experience without risking any of your own money! An electric evening in Portland, filled with live music and lively nightlife. A peaceful…

If you're looking for the best South Carolina no-deposit bonuses at online casinos, then you've come to the right place! Continue reading as we explore the top no-deposit casinos and free-play promotions in the Palmetto State while helping you find a way to get in on the action without dipping into your wallet. A picture-perfect day on the beach in…

Are you looking for the best Colorado no-deposit casino bonuses and promotions? Then, you've come to the right place! Continue reading as we explore the Centennial State's top no-deposit casinos and free-play promotions while helping you find a way to get in on the action without breaking the bank! A weekend getaway at one of Aspen's world-class…

After testing all the leading sweepstakes casinos in the U.S., we've concluded that the following platforms belong in our top 10 list of best sweeps coins casinos. While we tried to be as objective as possible, we understand that every player has their own preferences when looking for a new casino. Take our recommendations with a grain of salt and…

VIRGINIA - One Virginia player failed to capture the $1.76 billion Powerball jackpot on Wednesday night but still scored a major prize, winning $1 million as a ticket in California landed the top purse. The winning numbers in the drawing Oct. 11 were white balls 22, 24, 40, 52, 64 and a red Power Ball of 10. The Power Play multiplier was 2X.…

Whoever purchased the sole ticket that won the Powerball jackpot will have a major tax bill ahead of them. WASHINGTON - The winner who beat the lottery's astronomical odds for Wednesday's $1.765 billion Powerball jackpot has a hefty tax bill waiting for them. That's because lottery winnings are treated as income by the federal government and most…

One player's long-running battle with Resorts World Las Vegas came to a new level on October 9, as a legal action was submitted in U.S. District Court charging the firm and its previous chairman of lack of care and imposition of emotional distress due to its failure to stop the well-known swindlers and people sentenced for gambling-related offences…

The online gambling industry has a business volume of about $53.7 billion annually. From online poker to slot machines to sports betting, there are thousands of games and platforms to play for real money. Now, with the expansion of the crypto universe, many of these services also offer crypto gaming, or a fusion of digital gambling and the world of…

My fantasy football season is not off to a good start. In week two, I lost by 50 points-to my daughter, who does not watch football. Fortunately, we don't play for cash in our league, we only play for bragging rights. It is not, however, unusual for adults to gamble, even if it's only occasionally. Approximately 85% of U.S. adults have gambled at…

A federal law enforcement investigation into Las Vegas casino employees has reportedly led to the ouster of Resorts World COO and President Scott Sibella. The company noted that he'd been fired for "failing to disclose certain information required under company policies" after details involving his previous work as an MGM Resorts executive have…

The odds are getting rejiggered in the closely watched race for three lucrative casino licenses in the New York City area - partly because of an alleged bookmaking scandal that's unfolding in Las Vegas, The Post has learned. Until as recently as last week, MGM Grand and Resorts World - operators, respectively, of the Empire City Casino in Yonkers…

The Genting Group-owned casino added senior vice-president and chief financial officer Peter LaVoie will take over as president following Sibella's departure. "Peter's extensive experience and expertise make him the right person to lead Resorts World Las Vegas through this transition," the spokesperson said. Sibella has acted as president of the…

ONLINE CASINOS are legal in West Virginia, with the first sites launching in 2020. In fact, West Virginia was one of the first states to introduce large scale legal online gambling shortly after the removal of the Professional and Amatuer Sports Protection Act by the Supreme Court in 2018. Prior to 2018, PASPA had acted as a federal ban on online…

Navigating the legality of crypto gambling in the U.S. is a complex task. The rules can differ significantly from state to state, making it essential for players and operators to be well informed. For a thorough understanding of the subject, this article has been expertly reviewed by specialists in the NJCasimile.com team. So, is crypto gambling…

The Mega Millions recently hit a massive milestone. The popular draw game's history has included many major jackpot wins. But the record has been broken as the Mega Millions jackpot exceeded $1.5 billion when no ticket won the jackpot in last Friday's drawing. The current jackpot is at a gargantuan $1.55 billion, the highest ever for Mega Millions…

What to do if you're the chosen one, the holder of the golden ticket? Fear not - the Georgia Lottery has laid out a plan to claim this life-changing sum. ATLANTA - The Mega Millions jackpot has skyrocketed to an unprecedented $1.25 billion! All eyes are on Friday's drawing, where a lucky ticket holder stands a chance to make history with one of the…

Gambling taxes are the unfortunate repercussion of scoring a payout. Whether playing online casino games, betting on sports, or participating in the lottery, you'll need to pay State and possibly federal governments some money. The good news is that Pennsylvania has one of the lowest tax rates in the country. Moreover, you only need to pay federal…

Following last week's massive $1 billion Powerball jackpot, the game's prize dropped (it now sits at a respectable $41 million). Michigan Lottery players eager to try for a huge prize still have hope, because the Mega Millions jackpot is at $910 million. The next drawing is Friday, July 28 at 11 p.m. ET. You can buy tickets up to 15 minutes before…

We have a few things that are important when it comes to online gambling - having fun and winning money. You can prioritize either, but if you ask us, winning should be at the top of the pyramid. Having fun is great, but it will quickly dry up once you start losing money. When you win, and you will, the situation is not crystal clear. You'll…

Apps and online platforms make it easier than ever to gamble away your money. Americans gambled with over $54.93 billion in 2022 - a record-breaking amount. That trend gained momentum during the first four months of 2023, when commercial gambling revenue was tracking 13.8% ahead of last year's pace, according to the American Gaming…

Online casinos have become increasingly popular as a form of entertainment and a way to potentially win money from the comfort of our own homes. However, one important aspect that often gets overlooked is the tax implications of online casino winnings. In this article, we will explore the topic of online casinos and taxes, providing you with the…

LAS VEGAS, Nevada - Slot machine winnings will sound to some like an oxymoron. Slots, after all, have long been dubbed "one-armed bandits" for their low odds compared to other forms of casino gambling like blackjack and baccarat. But some players can and do come out ahead on slots, and now a bipartisan bill aims to protect more of those winnings…

Gambling Problem? Call or TEXT 1-800-Gambler 21+ 2000 Gold Heart Coins June, 2023 Sportsbook overall rating 5/5 Social casinos have become increasingly popular in recent years across the United States and beyond. These platforms typically offer players an opportunity to win real cash prizes without risking any real money and also allow users to…

Considering their recent surge in popularity, you might be wondering what a sweepstakes casino is, and how their sweepstakes work. Thankfully, this article will explain what social casino games are, and how to find the best ones. One sweepstakes casino offer that really stands out from the crowd is from Stake us. You can claim an exclusive Stake.us…

Home " The Rising Popularity of Online Casinos in Japan: Exploring the Thriving Business Opportunities Online Casinos are gaining popularity in Japan, indicating a significant shift in the country's gambling trends. Despite strict regulations and a conservative perspective towards gambling, the Japanese are now more open and accepting of digital…

Matt Blake is Mr Blackjack, founder of the hugely popular Never Split 10's channel on YouTube. The Online Gambling ambassador has been in the industry since 2013, using perfect strategy to help players get the edge across all kinds of traditional casino games - including his beloved 21. Overall Rating: 9.3 FanDuel has become one of the biggest…

Golden Hearts Casino is a social and sweepstakes casino established in 2020, which has since gained immense popularity among US players. Its unique approach makes this online site really stand out from its competitors. At Golden Hearts, players can play their favorite games for free and benefit their preferred charity at the same time. Here we will…

Matt Blake is Mr Blackjack, founder of the hugely popular Never Split 10's channel on YouTube. The Online Gambling ambassador has been in the industry since 2013, using perfect strategy to help players get the edge across all kinds of traditional casino games - including his beloved 21. Overall Rating: 9.0 BetRivers started trading in 2012 and…

Japan's government is set to approve a plan by Osaka Prefecture and the city of Osaka to open what will be Japan's first casino resort in 2029. The development comes as travel restrictions introduced during the coronavirus pandemic are removed, leading some local governments to reassess the idea of attracting tourists to a so-called integrated…

When you play at recommended online casinos, you may secure a real cash win. Sweepstakes and social casinos offer many ways to win real prizes. With this in mind, it is important that you know exactly what you need to do, who you should report it to, and what is taxable income. Continue reading to find out more about taxable income and these top…

Sweepstakes casinos are the easiest way to play casino-style games in the US. The sweepstakes model is not subject to restrictive state gambling laws, and it allows the opportunity to play for free and still win real money. It's no surprise, then, why these casinos are such a big deal. The top sites like Stake.us, WOW Vegas, and Golden Hearts…

If you're a recreational casino gambler, it can mean some unusual record keeping, especially if luck is on your side and you win a jackpot playing the slot machines. In the event you didn't maintain the appropriate records for your 2022 return, don't drop too far behind when it comes to keeping track of your casino outings this year. Collect a slot…

The Florida Lottery has long been a prominent state lottery in the United States. To aid players in their pursuit of potential wins, this article will explain how to play a variety of different lottery games remotely. In addition to multi-state jackpots and scratch-offs, there are also drawings that provide chances to win prizes. While…

As sweepstakes gaming has become increasingly popular in the last few years, so have sites like PCH Games, which offers players from different parts of the country a chance to play various slot games, scratchers, keno, and other lottery-style titles on their platform. This guide is simply here to see whether PCH Games can match other brands like…

Don't subject yourself to hefty penalties by forgetting to pay taxes on your winnings. Any gambling winnings are subject to federal income tax. If you win more than $5000 on a wager, and the payout is at least 300 times the amount of your bet, the IRS requires the payer to withhold 24% for income taxes. Any gambling losses can offset your gambling…

Imagine sitting at your favorite slot machine inside your favorite local casino when the big one hits. The bells and whistles go off, the lights pulsate and people you don't even know surround you with congratulatory pats on the back and high-fives. It must be a fabulous feeling - one I've never experienced. A casino worker is summoned to pay out…

LAS VEGAS (KLAS) - It's a thrill for any gambler to get a "hand-pay" on a big slot machine win. But it's also a headache because it means the IRS knows - and they'll take their cut. There's also the wait, as paperwork gets done. And if you win at, say, a gas station video poker machine … it can be a long wait. "It is past time to raise the…

Japan will make a decision on applications for integrated resorts from Osaka and Nagasaki in the coming months, perhaps as soon as this month. Then authorities will decide the fate of one or more unissued IR licences, with the distinct possibility of a supplementary round of applications that could include prime sites Tokyo and Hokkaido. That's the…

Rep. Dina Titus, D-Nev., plans to take another swing at an archaic tax formula involving slot machine winnings by raising the reporting threshold. Whenever a slot player wins a jackpot of more than $1200, the operator - a casino, tavern, restaurant or convenience store, or even airport personnel - are required to prepare a W-2G form that reports…

Rep. Dina Titus, D-Nev., plans to take another swing at an archaic tax formula involving slot machine winnings by raising the reporting threshold. Whenever a slot player wins a jackpot of more than $1200, the operator - a casino, tavern, restaurant or convenience store, or even airport personnel - are required to prepare a W-2G form that reports…

Certain amounts require a W2G to be sent to you, but all winnings count as additional income. GREENSBORO, N.C. - Bingo, slots, sports betting. Whatever you played and won in 2022, the IRS wants to know about it when you file taxes in 2023. "Their winnings are income. It's pure and simple. You need to report that income on your 1040 or you will get…

Gambling winnings can result in a higher tax bill, but there's more to the story. If you won money gambling in 2022, you may receive a Form W-2G in the mail. Casinos and other gaming establishments are required to issue these forms for wins above a certain amount. You might be able to reduce or even eliminate your taxes on gambling winnings using a…

A Callender woman faces two felony charges for an alleged January incident. According to court documents, 40-year-old Jason Pirie won a $1972 jackpot on a slot machine from Wild Rose Casino in Jefferson on January 18th. Court documents show Pirie left the machine and 59-year-old Shelli Larson of Callender sat down at Pirie's machine and claimed the…

If you win money betting on the Super Bowl this weekend, don't spend it all at once - you'll have to pay taxes on those earnings. The money you win through gambling - whether that's through gambling sitesor apps, casinos, raffles or fantasy sports leagues - is considered taxable income by the Internal Revenue Service. The fair market value…

If you like to daydream about what you'd do with a billion-dollar payday, Powerball and Mega Millions lotteries are giving you more chances than ever: for several reasons, eye-popping jackpots are much more likely to happen now than they were in recent years. But that doesn't mean you're more likely to win a massive lottery prize than you were 10…

STATEN ISLAND, N.Y. - It was a lucky day all around, and would end with Staten Islander Frank DiTommaso $1.1 million richer after hitting a slot machine jackpot at Caesars Palace in Las Vegas. But DiTommaso would blow through all the money in just a few years. And rebuilding his bank account, and his professional life, made DiTommaso truly feel…

The'reopening' of China in terms of outbound travel for its citizens, after three years of stringent controls due to Covid-19 containment, will be a key factor in 2023 for the Asia Pacific casino sector, says a number of industry commentators spoken to by GGRAsia. Some mention not only what it might mean for Macau, after multiple quarters of low or…

Both insurance and gambling companies utilize the law of large numbers in their building structure. It helps them regulate and gain better predictions of possible outcomes of specific repeated actions by users. These companies can prevent losses by fully outlining and regulating their overall structure. Regions like the US are famous for some of…

The Party Casino bonus code is one of the most generous offers you'll will find, as it will give new players in New Jersey a 100% deposit match up to $1000 plus 25 free spins. See where Party Casino ranks among the best online casinos See where Party Casino's mobile app ranks among the best mobile casino sites See where Party Casino's bonus ranks…

Slot-machine players pump their money into the so-called one-arm bandits because they want to win a jackpot. It's a rare occurrence -- MGM Resorts International (MGM) - Get Free Report and Caesars Entertainment (CZR) - Get Free Report did not build Las Vegas/global casino empires by being generous -- but when it happens, the thrill makes all the…

Yasiel Puig made an appearance at the recently-concluded Major League Baseball winter meetings in San Diego, the Cuban-born free agent in search of an employer after playing in Korea this past year. Only a few weeks earlier, Puig generated headlines of a different kind when he was named in a U.S. Attorney for the Central District of California…

The opening of casino resorts in Nagasaki and Osaka could now be delayed due to additional screening. [Image: Shutterstock.com] It seems the opening of casinos in the Japanese prefectures of Nagasaki and Osaka might have to wait a while longer than expected. On Thursday, Japan's land ministry said it seems unlikely that officials will decide on…

Different nations around the world have chosen to regulate their casino industries very differently. Canada and the United States have very different regulations in place when it comes to online gambling. Firstly, the legal age to gamble online in Canada is 19, compared to 21 in the US. Secondly, in contrast to the US, the Canadian government does…

The Japanese attitude toward gambling has always been complicated. There is still a sizable interest in reels and other casino games, both online and in traditional brick-and-mortar casinos, just as there is in many other regions of the globe. However, with a few exceptions like horse racing and pachinko, gambling is illegal under the law. We take…

Each country has a specific set of laws regulating its casino industry. Gambling markets differ in many respects. For example, gambling is legal in some countries and illegal in others. Or there are certain forms of gambling that are legal, whereas others are not. Moreover, some countries don't allow certain payment methods to be used for betting.…

Former MLB All-Star Yasiel Puig agreed to plead guilty to a felony charge for lying to law enforcement in an illegal gambling case. USA TODAY Sports Former MLB All-Star Yasiel Puig has agreed to plead guilty to a felony charge for lying to law enforcement about sports bets he placed with an illegal gambling operation, the Department of…

Former MLB All-Star Yasiel Puig has agreed to plead guilty to a felony charge for lying to law enforcement about sports bets he placed with an illegal gambling operation, the Department of Justice announced on Monday. Puig, whose full name is Yasiel Puig Valdez, will plead guilty to one count of making false statements, which carries a maximum…

All week long, the good residents of Altadena, California, have been eyeing neighbors, counting co-workers who call in sick, and ringing up ex-spouses to size up who may have the single winning $2.04 billion Powerball ticket sold at a Mobil gas station in this Los Angeles suburb. Everybody is waiting for the country's newest billionaire to come…

On Nov. 7, a Powerball ticket sold in California finally matched all six numbers drawn by the lottery after 41 days without a winner. Whoever has that ticket has won the jackpot of $2.04 billion, or just under $1 billion if they take the cash prize. But it's not just the winner who scores a big payday. Lottery winnings are taxed, which means the…

The US Powerball lottery jackpot has reached a record $1.9bn after nobody won Saturday night's $1.6bn drawing, according to lottery officials. The Powerball requires players to correctly guess five numbers and the final Powerball number. Nobody was able to produce the correct sequence of 8, 45, 53, 56, 69 and a Powerball of 20 for Saturday's…

At present, you can gamble online in Kentucky to some degree. Onshore online casino gaming and sports betting are still currently illegal in the state, but you can use sites like Twinspire and TVG for pari-mutuel horse racing betting. You can also make use of the Kentucky State Lottery as well. The offshore sites we have mentioned in our guide are…

Cryptogambling is growing at a very fast pace all over the world, including the US, where the adoption and use of bitcoin and other less popular cryptocurrencies for gambling is gradually becoming mainstream. With more and more cyptogambling sites making their presence in the industry, the best of which are listed at CryptogamblingTV, people have…

It's the dream of every slot player: Slide money into the machine, press the button, (or pull the handle if you're an old school player), and watch the symbols line up. Winner. Winner. Winner! Suddenly you realize you've just won a big jackpot. You hit it really big. It could be a life-changing moment if the prize is hefty enough. "About 12 years…

The gambling industry in America is booming more than ever before. Las Vegas is thriving, and land-based casinos are popping up everywhere. Not to mention the amount of new online casinos that populates the online space. Gambling has always been a fast way to make more money for those who engage in it. Thanks to technological advancements and the…

Many countries around the world are trying to protect their citizens from illegal offshore gambling websites. In China, authorities are targeting overseas destinations such as Cambodia and the Philippines and exerting soft power to shutter the offshore gambling sectors. In Australia, the Australian Communications and Media Authority is targeting…

If you are eager to wager at any Tennessee online casinos, you can sign up to play at a social casino. Many of the leading social casinos that operate across the USA are available to customers in the Volunteer State. Whatever your favorite type of casino game is, you should be able to find a way of enjoying it for free. It's not always easy to work…

Michigan offers a generous choice of online casino destinations. More than a dozen brands are now offering websites and apps to remote players. With a selection of top-grade Michigan casinos to choose from, finding exactly the right one for you isn't easy. Our expert team help you by comparing several features to compile our casinoratings. These…

The Pennsylvania Gaming Control Board (PGCB) has issued over $280000 in fines after two casinos violated their terms of operation. the casino allowed underage visitors to gamble Mount Airy Casino Resort will pay a majority of the fines, some $260825, for different infractions. The brunt of the fee comes after the casino allowed underage visitors to…

Amongst the guilty pleasures which we all love to engage in from time to time, gambling at any Aussie online casino for real money is one of those that helps people take the edge off and just generally lets people relax (if it is played for fun). Starting a casino business is no child's play. The journey from rolling dice on the table or playing on…

You're no doubt familiar with Circus Circus. Amusement park. Inexplicably good steakhouse. Giant neon clown out front. It's been a family favorite for the past 48 years. The thing is, though, Circus Circus will have been open for 54 years next month, and those first five-plus years are the stuff of legend. Shocking, head-scratching,…

CANTON, Ohio (WKBN)- A man from Ohio is being charged for allegedly operating an illegal gambling business, according to a press release by the U.S. Attorney's Office. Steven Saris, 47, of Canton is accused of operating Café 62, an illegal gambling business involving slot machines, in the Canton area. If Saris is convicted, a sentence will be…

When it comes to the lottery, are you on team Europe or team USA? You can now choose your side when you bet online, even if you live in the UK! Europe v America, from wars to golf, it's a rivalry which goes back centuries! Some things never change, the lottery is no different, but how do the best lotteries from Europe compare to those across the…

LAS VEGAS (KLAS)- Vice President Kamala Harris visited Las Vegas on Wednesday and was given a back-of-the-house tour from the Culinary Union at the MGM Grand Las Vegas Hotel and Casino. Vice President Harris met with Secretary-Treasurer for the Culinary Union, Ted Papageorge, and President of the Culinary Union, Diana Valles, before touring the…

Whoever won that ginormous Mega Millions $1.337 billion jackpot needs some serious estate planning advice. Sadly, you were not the winner, and neither was I. Even so, I need an estate plan, and you probably do too. Here's why. The vast majority of folks are not currently exposed to the federal estate tax, thanks to today's ultra-generous $12.06…

You can now listen to Fox News articles! Lottery players across 45 states, Washington, D.C. and the Virgin Islands are hoping to hit Friday's $1.1 billion Mega Millions jackpot but more money has resulted in more problems for these ten lottery jackpot winners. Andrew "Jack" Whittaker Jr. became an instant celebrity after winning a record $315…

One of the biggest challenges facing the Governments today is the rapid evolving nature of the digital economy, with which the regulators are struggling to keep pace.In fact, the challenge posed by technology-enabled services means that even if one or few countries devise regulations, businesses can simply shift to another jurisdiction where the…

A man from Florida, not previously named in federal indictments but linked by prosecutors to ownership of the Redemption and Skilled Shamrock skill game parlors in Plain Township, pleaded guilty Wednesday to defrauding the U.S. government. Larry Dayton submitted his plea in a video hearing overseen by U.S. District Judge Donald Nugent in Cleveland,…

Slot machine and video poker players who have won jackpots of $1200 or more know the drill. When the winning combo appears, the machine locks up. A slot attendant checks things out, disappears for a few minutes and reappears with an IRS form W2-G for you to sign. Until you sign the form, the casino is not permitted to pay your jackpot. It's been…

In a second superseding indictment unsealed today, a federal grand jury in Cleveland, Ohio, charged Christos Karasarides Jr., of Canton, with tax evasion, filing false tax returns, witness tampering, falsifying records and five separate conspiracies to operate illegal gambling businesses, defraud the IRS and commit money laundering. In May 2021,…

When it comes to online gambling, all the countries on the planet can be separated into three categories. The first category is the one with countries that explicitly ban this activity. With punitive legal ramifications for those who break the rules. The second category is made up of countries where online gambling falls into a legal gray area. In…

Imagine paying the same rate for anything that you did back in 1977. In that year, the average host cost $54200, a gallon of gas was $0.63, and $3 bought a dozen eggs along with a gallon of milk with change to spare. 1977 was also the year the Internal Revenue Service (IRS) set its standard for the level of slot machine jackpot that must be…

Japanese Prime Minister Prime Minister Fumio Kishida's has promised to crack down on the use of online casinos, reiterating that they remain a "gambling crime" and insisting illegal organizations will not be tolerated. His comments, made at a Budget Committee meeting of the lower house of the Diet on 1 June, were in response to questions from…

Whether it's poker or a casino pit game, players wouldn't have the experience they do without one important person - the dealer. While they're responsible for slinging cards and facilitating games, they're also a silent observer of human nature. PokerNews from working in the industry. No names nor locations are being reported to respect the privacy…

Earlier last month, state securities regulators in Alabama and Texas issued cease-and-desist orders against a Cyprus -based company that's been hawking non-fungible tokens (NFTs). It was doing so to operate crypto casinos in the metaverse. The enforcement actions are both the first of their kind and likely not the last. In a particularly gray…

Rich Strike's improbable Kentucky Derby win made the owner flush, with a $1.86M purse on a horse that only cost $30000. There were plenty of other winners too, for anyone bold and prescient enough to take a flier bet on this most unlikely of winners at Churchill Downs. The most amazing type of win would have been the so-called superfecta bet. To…

A jury has convicted a former Mashpee Wampanoag leader on extortion and bribery-related charges concerning the awarding of casino project contracts. [Image: Shutterstock.com] A former Massachusetts Native American tribal leader has been convicted for his role in a casino bribery scandal. The Thursday conviction of the former Mashpee Wampanoag Tribe…

Only 6 states, Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, and West Virginia allow online gambling openly for their residents. While up to 22 states have legalized some form of sports betting. The reason for any kind of regulations are partially moral, but mostly financial. The Federal Government maintains that under the Wire Act,…