In March of 2015, the Internal Revenue Service (IRS) issued proposed regulations and an official Notice updating the tax information reporting rules for players’ slot winnings (as well as keno and bingo). Notably, the IRS is considering future additional regulations that could aim to reduce the respective reporting thresholds from $1,200 to $600 on gaming winnings. This potential policy change could create additional burdensome and unnecessary reporting requirements for our industry.
Sign the online petition: Add your name to the growing list of Americans who enjoy casino gaming and don’t want to jeopardize their gaming experience.
During the summer, the AGA shared a toolkit for engaging gaming customers and employees to activate on this issue. We encourage you to continue the drumbeat by leveraging the toolkit resources below.