Monthly Archives: November 2023

Commercial Casinos Energy Policy Act Tax Opportunity

The Casino Environment Before the recent economic downturn, commercial casinos collected at least $30 billion in revenues each year from 2005 through 2008.1 During this period, US casino owners built new facilities and expanded the size of their existing facilities. … Continue reading

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Basic Slots: Features & Strategies

Whereas a 2-coin machine may pay 80 coins for 3 double bars with 2 coins in, a 3-coin machine may show a pay of 120 coins for the same combination. However, you had to gamble an extra coin, each spin; … Continue reading

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Tax issues related to poker tournaments

Many times you will hear of people who have sold or exchanged a portion of their tournament action to help cover the costs of playing in tournaments. In other words, this player has agreed in advance to split his winnings … Continue reading

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