Tag: slot win
IRS Abandons Ridiculous Gambling Tax Hike
May 15, 2017
American Gaming Association (AGA) President and CEO Geoff Freeman released the following statement on a new gambling tax after the Internal Revenue Service (IRS) today released its final regulation on its 2015 proposal for tax reporting of slot winnings. “Today’s final IRS regulation is a big win not only for gaming companies and millions of casino visitors, but also for state and local governments who would have received fewer gaming tax dollars as a result of what would have been burdensome federal requirements,” said Freeman. “Our grassroots campaign mobilized thousands of casino customers, members of Congress from 11 states urged…















