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Jennifer from Washington State was playing the $.25 Dollar Storm progressive for about 20 minutes. She filled all the coins for a total of $16,839.07 payday! Besides making a ton of dough, she enjoys Binion’s old school vibe. #binions #binionslv #dtlv pic.twitter.com/t4cMd3yO4O — Binion’s (@BinionsLV) October 6, 2021
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A club code connected on one of the Triple Play Draw Poker lines, enabling a $10,854.23 payout.
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1 Raiders buy property across from stadium for more than $16M. 2 Monsoon season increases Lake Mead, but what lies ahead? 3 ‘I’ve Never Seen Anything More Disgusting’: Housekeeper Tears Down Animal Shelter Conditions 4 CARTOON: How to Get a Man’s Attention 5 Mini Plane Crash on Henderson Freeway
The renovated rooms in the Studio Tower (formerly known as the West Wing) at the MGM Grand are expected to be ready by the end of the year.
Wynn Las Vegas is partnering with quarterback Tom Brady’s health and wellness company, TB12, to provide fitness training to Southern Nevada guests and residents.
A Caesars-branded 18-wheeler will travel to sporting events across the country, including two Raiders games, before making its final stop at Super Bowl LVII.
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With a million Instagram posts about Las Vegas casinos, including the popular Bellagio fountains, the city’s resorts are getting a small-budget boost.
Crews began demolishing two shuttered Station Casinos properties Monday, as the company began work on reshaping its Southern Nevada property portfolio.
In its early days, Circus Circus was positioned as a family-friendly venue despite having a peep show, other random nudity and a show called “Hot Pants Sexplosion”.
The American Gaming Association is holding its first Responsible Gaming Education Month in September, expanding from its regular week on the topic.
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Wynn’s Craig Billings and Circa’s Derek Stevens will be among the casino leaders taking the stage for a discussion on the gaming industry at G2E next month.
Tropicana will remain Tropicana for now but may adopt the Bally’s brand, and the current Bally’s property is expected to take on the historic Horseshoe name soon.
The esports spectator economy has long been considered one of the fastest growing industries, attracting fans and corporate sponsors. Video slots are usually multi-denominational and are coin-free. Coinless means the machines will accept all the new $1-$100 bills. Many of the video slots have many bonus games. These are extremely popular games for people who enjoy communication, sound and entertainment. This machine comes with an LCD screen which makes it a great game for home use.
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The Williams Bluebird 2 slot machine is an innovative, user-friendly line of slot machines. This arcade offers great technological advances such as a double 22” widescreen HD screen, a powerful CPU NXT2 technology platform and a Next Generation Bose sound system. This is one of the best slots out there for usability and support. Players enjoy a wide variety of different play styles. The beautifully designed WMS Bluebird 2 machines have been a hit with slots since their release. There are several themed games available such as “Star Trek,” “Lord of the Rings” and “Einopoly.” Federal legislation introduced today by leaders of the Congressional Gaming Caucus would greatly increase the amount of money needed to win a slot game to trigger an IRS report.
Slots suspend operations after lucky gambler wins $15,000 jackpot. Service providers respond to such winnings to make sure the terminal is working properly and to ensure the correct completion of IRS tax documents. (Photo: Shutterstock)
Creatively named the SLOT Act — or the “Shifting Limits on Thresholds Act” — the bipartisan legislation comes from U.S. Representatives Dina Titus (D-Nevada) and Guy Reschenthaler (R-Pennsylvania). The two lawmakers chair the Congressional Gaming Caucus.
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The SLOT Act, if approved and signed into law by President Joe Biden, would raise the winnings tax threshold from $1,200 to $5,000. That’s more than a 300% increase.
Titus and Reschenthaler argue that the current IRS slot threshold, which has not been touched since 1977, is long out of date and due for extensive adjustment. Persistent inflation has only required change, they say.
Due to inflation, the number of jackpots that reach that threshold, which causes the machine to shut down and require excessive paperwork for patrons, has increased dramatically,” Titus said. “This creates an unnecessary burden on the gaming industry, an economic driver for Southern Nevada and other communities nationwide where arcades exist.” Industry support
US tax law requires a slot machine to stop operating every time a player wins $1,200 or more in a single spin. If that happens, employees are instructed to fill out a W-2G form. The IRS tax filing is for taxpayers to report their annual gambling winnings as income.
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Naturally, the American Gaming Industry (AGA) lent its support to the SLOT Act. The trade group says raising the mandatory W-2G threshold would help ease “unnecessary administrative burdens on operators.” The AGA concluded that the bill would modernize the IRS’ regulations on slot machine jackpots.
Based on the US Department of Labor’s Consumer Price Index, $1,200 in 1977 is equivalent to $5,567 today.
Reschenthaler, whose state is now home to one of the largest gaming markets in the United States, says the $1,200 slot machine IRS activator is expensive for s.
“Because the thresholds have not kept pace with inflation, it has led to a large increase in reportable jackpots which trigger a tax burden for winners and a compliance burden for s. Raising the threshold will eliminate this burdensome red tape and ensure that the gaming industry can