If there’s one government issue everyone in Nevada should be able to unite in opposition for, it’s the IRS’s new plan to tax slot winnings of half the amount currently required for reporting. At present, slot winnings must only be reported for taxes if they meet or exceed $1,200. Under the US government’s newly proposed … [Read more…]
Ever since the latest G2E Global Gaming Expo, talk of integrating skill-based slot machines throughout Las Vegas casinos has been constant. Within two months of their exhibition at G2E, the Association of Gaming Equipment Manufacturers introduced a bill, SB 9, seeking approval to install the new generation of slot machines at Las Vegas casinos. The … [Read more…]
Head to Las Vegas and drop your money in any of the countless slot machines on the Strip, and you’ll find that your chances of winning are based on two factors; luck and the pre-programmed payout percentage of the slots you choose to play. That could change very soon if Nevada regulators choose to approve … [Read more…]