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Nevada Current

Gaming Control Board joins probe of money laundering in Nevada casinos

The Nevada Gaming Control Board, which has remained awkwardly silent on the investigation of Las Vegas casinos and the prosecution of casino executive Scott Sibella by federal officials out of California, has joined the ongoing probe, according to two sources who say they've received calls from investigators. The federal investigation, first…
Incidents
Gaming Control Board joins probe of money laundering in Nevada casinos
Review Journal

Caesars Palace sees $692K Dragon Link jackpot

For one slots player, he'll have a year to report these winnings to the IRS. After winning three slots jackpots totaling $667750 in a three-hour period last week, the same player won a $692500 Dragon Link jackpot Thursday at Caesars Palace, according to a Caesars Entertainment spokesperson. The player was playing $250 per spin. Shoutout to…
Land-based
Caesars Palace sees $692K Dragon Link jackpot
Wild Casino
New York Post

Fastest payout online casinos for instant withdrawals

As online casinos continue to explode in popularity throughout the United States, more and more operators are starting to surface in legal iGaming states. With so many different online casino options now available, it can be difficult for players to pinpoint the best online casino for their needs. One extremely important factor when it comes to…
Payment Methods
Fastest payout online casinos for instant withdrawals
focusgn.com

Strategic Tax Planning for Crypto Gamblers

Not even experienced accounting veterans can tell for sure what the tax implications of cryptocurrency gambling in the U.S. are. They present a complex yet critical challenge, especially with new and evolving Treasury Department regulations, such as Form 1099-DA, designed to aid crypto owners and traders in understanding their tax liabilities. This…
Law
Strategic Tax Planning for Crypto Gamblers
Super Slots Casino

$6,000 Welcome Bonus

Players can claim the SUPER300 bonus code on their first three deposits only. The minimum deposit amount required to redeem each bonus code is $25. This bonus is not valid in the Live Dealer Casino. The deposit plus bonus amount is subject to a 45X playthrough requirement before any winnings can be withdrawn.
News-Daily

Las Vegas Strip gamblers likely to get a surprise IRS jackpot

When people play a slot machine on the Las Vegas Strip, in a regional casino, or in most cruise-ship casinos, they want to win big - but maybe not too big. Sure, everyone wants the huge jackpots, but when you're talking smaller numbers, many gamblers would rather hit for $1199 or less. That's because if you win $1200 or more on a single spin, your…
Law
Las Vegas Strip gamblers likely to get a surprise IRS jackpot
GO Banking Rates

Taxes 2024: Use Online Betting Sites Like FanDuel? Here's How to File for Gambling Winnings

If you're new to gambling, you may be surprised to learn that no matter the size of the winnings, whether cash or noncash, they must be reported to the IRS. This also goes for sports betting; it makes no difference if the money comes from lotteries, casinos or horse races, you are still legally obligated to report your winnings. There are minimum…
Winnings
Taxes 2024: Use Online Betting Sites Like FanDuel? Here's How to File for Gambling Winnings
World Casino News

IRS AC Backs Up Raising Tax Threshold On Slot Jackpots

Leaders of Congress, including Dina Titus (D-NV) who have been requesting from the Internal Revenue Service (IRS) to increase the tax reporting limit on jackpots from slot machines for almost a decade, have received some welcome support from an uncommon source, the agency's Advisory Council. Rising the threshold: In a ruling from November 2023, the…
Law
IRS AC Backs Up Raising Tax Threshold On Slot Jackpots
The Nevada Independent

Nix investigation, Sibella prosecution reveal another of Las Vegas’ dirty little secrets

He's getting whacked with unflattering headlines and has been bounced from the gaming industry that has made him wealthy, but I imagine ousted casino executive and diehard Vegas guy Scott Sibella is feeling a sense of relief these days. Barring some surprises, the worst of his troubles may be over. Officially, he faces up to five years in prison…
Incidents
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insider-gaming.com

Best Pennsylvania Gambling Sites

This page contains references to offers from one or more of our partners. We may receive compensation when you click on those links and redeem an offer. Terms and conditions apply to the offers listed on this page. If you're looking for colorful video slots, high-stakes poker, edge-of-your-seat blackjack, or the thrill of sports betting,…
Law
Pahrump Valley Times

How much should you tip casino workers?

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…
Winnings
How much should you tip casino workers?
M Live

A Comprehensive Guide to Gambling Taxes in Michigan

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…
Law
A Comprehensive Guide to Gambling Taxes in Michigan
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TaxScan

How Are Casino Winnings Taxed in Different Countries?

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…
Law
How Are Casino Winnings Taxed in Different Countries?
Asgam

The MGM Resorts casino hack … where was the regulator?

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…
Law
The MGM Resorts casino hack … where was the regulator?
Gila Herald

Tales of extraordinary Lottery wins

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…
Lottery
Tales of extraordinary Lottery wins
ATS

Best Idaho Casino No Deposit Bonuses in November 2023

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…
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Best Idaho Casino No Deposit Bonuses in November 2023
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Best Nevada Casino No Deposit Bonuses in November 2023

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…
Bonuses
Best Nevada Casino No Deposit Bonuses in November 2023
West Island

Nevada Gaming Board Debates Rights of Banned Casino Winners

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…
Law
ATS

Maine Casino No Deposit Bonuses & Free-Play Offers in 2023

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…
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Iowa Casino No Deposit Bonuses & Free-Play Promotions in 2023

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…
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Iowa Casino No Deposit Bonuses & Free-Play Promotions in 2023
ATS

Oregon No Deposit Casino Bonuses

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…
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Oregon No Deposit Casino Bonuses
ATS

South Carolina No Deposit Casino Bonuses & Promotions in 2023

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…
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South Carolina No Deposit Casino Bonuses & Promotions in 2023
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Colorado No Deposit Casino Bonuses & Promotions in 2023

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…
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Colorado No Deposit Casino Bonuses & Promotions in 2023
sportsbookreview.com

Best US Sweepstakes Casino Sites: Updated 2023 List

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…
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Best US Sweepstakes Casino Sites: Updated 2023 List
Patch

One $1M Powerball Winner In VA As CA Player Grabs $1.76B Jackpot

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.…
Winnings
One $1M Powerball Winner In VA As CA Player Grabs $1.76B Jackpot
kvue.com

How much does Powerball jackpot winner get after taxes?

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…
Lottery
How much does Powerball jackpot winner get after taxes?
World Casino News

Cipriani Sues Scott Sibella And Resorts World Las Vegas

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…
Incidents
Cipriani Sues Scott Sibella And Resorts World Las Vegas
sociobits.org

Online gambling meets cryptocurrency: how crypto gaming was born

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…
Crypto
Online gambling meets cryptocurrency: how crypto gaming was born
Forbes

IRS Criminal Investigation Warns Illegal Gambling Isn’t A Safe Bet For Taxpayers

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…
Law
IRS Criminal Investigation Warns Illegal Gambling Isn’t A Safe Bet For Taxpayers
Card Player

Resorts World Casino Exec Axed As Las Vegas Gambling Scandal Widens

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…
Incidents
Resorts World Casino Exec Axed As Las Vegas Gambling Scandal Widens
New York Post

NYC casino race could be upended by Las Vegas bookie scandal: sources

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…
Incidents
NYC casino race could be upended by Las Vegas bookie scandal: sources
iGaming Business

Resorts World Las Vegas president Scott Sibella sacked

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…
Incidents
Resorts World Las Vegas president Scott Sibella sacked
The US Sun

Get the best bonuses for US players

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…
Bonuses
Get the best bonuses for US players
Blockchain Reporter

Is Crypto Gambling Legal in the US?

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…
Crypto
Is Crypto Gambling Legal in the US?
M Live

Mega Millions $1.55 billion jackpot: How to purchase your tickets

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…
Lottery
Mega Millions $1.55 billion jackpot: How to purchase your tickets
11alive.com

How to cash in a $1.2 billion Mega Millions ticket in Georgia

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…
Lottery
How to cash in a $1.2 billion Mega Millions ticket in Georgia
sportstalkphilly.com

Detailed Guide to Gambling Taxes in Pennsylvania in 2023

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…
Law
M Live

Mega Millions jackpot at $910 million; here’s how to enter the Friday drawing

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…
Lottery
Mega Millions jackpot at $910 million; here’s how to enter the Friday drawing
southwestjournal.com

Gambling, Winnings, and Taxes: A Comprehensive Guide for Online Casino Users

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…
Law
Gambling, Winnings, and Taxes: A Comprehensive Guide for Online Casino Users
thepennyhoarder.com

Do You Have to Pay Taxes on Gambling Winnings? (Hint: Yes)

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…
Law
The Rugby Paper

This Is What You Need To Know

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…
Law
This Is What You Need To Know
Washington Examiner

Bipartisan House lawmaker pair aims to keep IRS at bay from slot machine winnings

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…
Law
Bipartisan House lawmaker pair aims to keep IRS at bay from slot machine winnings
ATS

Full Casino Review and Welcome Bonus

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…
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Full Casino Review and Welcome Bonus
Cryptomode

What are Social Casino Games & Sweepstakes Casinos?

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…
Bonuses
New Jersey Online Gambling

FanDuel Casino Review & Rating 2023

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…
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Urban Matter

Golden Hearts Casino USA Promo & Bonus Code 2023

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…
Bonuses
Golden Hearts Casino USA Promo & Bonus Code 2023
New Jersey Online Gambling

BetRivers Casino Review & Rating 2023

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…
Mobile
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European Gaming

Japan Set to Approve First Casino Resort in Osaka

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…
Travel
Japan Set to Approve First Casino Resort in Osaka
Mac Sources

How To Pay Taxes On Sweepstakes Winnings: Stake.us, Chumba Casino & Luckyland Slots

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…
Law
How To Pay Taxes On Sweepstakes Winnings: Stake.us, Chumba Casino & Luckyland Slots
Mac Sources

Online Sweepstakes With Real Money USA: Best Sweepstakes With Cash Prizes

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…
Bonuses
The Times Of Northwest Indiana

Don't forget Uncle Sam knows you won that jackpot

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…
Winnings
Auralcrave

All About Florida Lotteries Online

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…
Lottery
All About Florida Lotteries Online
Mac Sources

Best Sites Like PCH Games: Casino Sister Sites To PCH Games

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…
Bonuses
The Motley Fool

Here's How Gambling Winnings Are Taxed

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…
Law
Here's How Gambling Winnings Are Taxed
Review Journal

Casino gambling winners should be prepared for IRS tax consequences

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…
Law
Casino gambling winners should be prepared for IRS tax consequences
8 News Now

$1,200 slot jackpot threshold needs update 46 years later, gaming official says

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…
Winnings
$1,200 slot jackpot threshold needs update 46 years later, gaming official says
iGaming Business

Japan casino picture slowly coming into focus

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…
Politics
Japan casino picture slowly coming into focus
Review Journal

Dina Titus optimistic slot machine jackpot tax threshold bill will succeed

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…
Law
Review Journal

Nevada lawmaker optimistic slot machine tax threshold bill will succeed

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…
Law
Nevada lawmaker optimistic slot machine tax threshold bill will succeed
Greenboro Local News

You bet you'll pay taxes: Bingo & sport betting wins are income

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…
Law
You bet you'll pay taxes: Bingo & sport betting wins are income
The Motley Fool

Winner Winner: If You Gambled and Won Last Year, the IRS Needs to Know About It

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…
Law
Winner Winner: If You Gambled and Won Last Year, the IRS Needs to Know About It
raccoonvalleyradio.com

Callender Woman Faces Felonies for Alleged January Incident at Casino in Jefferson

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…
Incidents
CNBC

How gambling affects your taxes

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…
Law
How gambling affects your taxes
Nevada Public Radio

Why huge Mega Millions jackpots are more common now

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…
Lottery
Why huge Mega Millions jackpots are more common now
GGRAsia

2023: maybe a reboot in Asia casino client profile

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…
Industry
2023: maybe a reboot in Asia casino client profile
GamingLyfe

Explain The Law Of Large Numbers: How Does It Apply To Gambling Casinos?

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…
Law
Explain The Law Of Large Numbers: How Does It Apply To Gambling Casinos?
The Philadelphia Inquirer

Party Casino bonus code: Earn deposit match upon sign-up

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…
Bonuses
The Street

Las Vegas, Casinos, Gamblers Get Huge IRS News (Jackpot)

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…
Law
Vegas Slots Online

Opening of Nagasaki, Osaka Casino Resorts Facing Delays

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…
Land-based
Opening of Nagasaki, Osaka Casino Resorts Facing Delays
Malta Today

Is online gambling dividing a continent?

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…
Law
Is online gambling dividing a continent?
Devdiscourse

The Current Situation Surrounding Online Casinos Laws in Japan

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…
Pachinko
The Current Situation Surrounding Online Casinos Laws in Japan
Coin Rivet

Casino Taxes. Tax Comparison: Us vs. UK and Ireland

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.…
Finance
Casino Taxes. Tax Comparison: Us vs. UK and Ireland
NBC Sports

Ex-MLB star Yasiel Puig to plead guilty to lying in illegal gambling case

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…
Law
Ex-MLB star Yasiel Puig to plead guilty to lying in illegal gambling case
NBC Chicago

Ex-MLB Star Yasiel Puig to Plead Guilty to Lying in Illegal Gambling Case

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…
Law
Ex-MLB Star Yasiel Puig to Plead Guilty to Lying in Illegal Gambling Case
Times Herald - Record

Wait, really? The $2.04 billion Powerball jackpot winner will only pay California this much in state taxes?

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…
Winnings
Wait, really? The $2.04 billion Powerball jackpot winner will only pay California this much in state taxes?
News Center Maine

California won’t collect taxes on record Powerball jackpot

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…
Winnings
California won’t collect taxes on record Powerball jackpot
Vegas Slots Online

$1.9bn Powerball Lottery Is the Largest in World’s History

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…
Lottery
$1.9bn Powerball Lottery Is the Largest in World’s History
Augusta Free Press

Best Kentucky Gambling Sites 2022

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…
Gambling Sites
The Coin Republic

Cryptogambling and taxes: all you need to know about how bitcoin gambling taxes work

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…
Finance
Northern Express

What Really Happens When You Hit a Slot Machine Jackpot

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…
Winnings
What Really Happens When You Hit a Slot Machine Jackpot
The Fordham Ram

How to Reduce Tax Payments from Your Casino Winnings

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…
Winnings
How to Reduce Tax Payments from Your Casino Winnings
Gambling News

Japan to Penalize Players at Offshore Gambling Websites

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…
Gambling Sites
Casino.org

Tennessee Online Casinos 2022

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…
Sports
Casino.org

Best Michigan Online Gambling Sites

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…
Gambling Sites
Vegas Slots Online

Pennsylvania Regulator Doles Out Fines Topping $280,000

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…
Travel
Pennsylvania Regulator Doles Out Fines Topping $280,000
Woman's Era

Top 7 Tips to Succeed in Gambling Business

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…
Strategy Guide
Top 7 Tips to Succeed in Gambling Business
WKBN 27

Steven Saris charged with operating illegal gambling business

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…
Law
Steven Saris charged with operating illegal gambling business
Hereford Times

The world’s best lotteries

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…
Lottery
The world’s best lotteries
8 News Now

Vice President Harris meets with culinary union at MGM Grand Las Vegas

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…
Industry
Vice President Harris meets with culinary union at MGM Grand Las Vegas
Market Watch

Didn’t win the Mega Millions jackpot? You still need an estate plan

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…
ABP News Live

Gst Tax Online Gaming Conundrum

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…
Finance
Gst Tax Online Gaming Conundrum
Canton Repository

Florida man is next to plead guilty in illegal casino case

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,…
Incidents
Florida man is next to plead guilty in illegal casino case
Atlantic City Weekly

How increased tax form trigger would affect big slot winners

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…
Finance
How increased tax form trigger would affect big slot winners
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