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Law and Taxes

According to the law, in the vast majority of states and countries, gambling winnings are fully taxable. They vary based on the amount won, and the type of game played.

There are two types of winnings- cash and non-cash. Cash winnings refer to the money scored while playing casino games, bingo, raffles, sweepstakes, poker, and so on, while non-cash winnings encompass stuff like car and voyage. So whenever you win, you need to report those winnings to the local tax collection agency, or else you risk dealing with not-so-pleasant consequences.

To make things work and to avoid any unpleasant situations, each gambler needs to be acquainted with the local rules and laws. Regulations vary from one country to another, and they are often updated.

This corner is full of handy bits of advice on what to do when you win, where to report taxes, how to properly fill in the tax forms if a professional gambler, and so on. It also features some excellent tips on how to fly safely with money, what to do in case police pulls you over on your way to or from Las Vegas (or any other place), and so on.

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BJ21 News Service

Following a California state appeals court's decision that there is insufficient evidence to support the hotel's provision of...

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Casino-owning Indian tribe bans Wisconsin State Senator from its reservation

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BJ21 News Service

A Republican Wisconsin state legislator has been barred from the Lac du Flambeau Band of Lake Superior Chippewa Indian...

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California Gov. Newsom Opposes Two New Casino Projects

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BJ21 News Service

The Federated Indians of Graton Rancheria, owner of the Graton Resort & Casino in Sonoma County, commended California Governor...

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Las Vegas couple arrested in $652,000 robbery of casino cage

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BJ21 News Service

According to an arrest report, Las Vegas residents John Salmen, age 63, and Lydia Salmen, age 70, have been taken into custody on...

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Convicted casino executive faces loss of gaming license

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BJ21 News Service

Former Las Vegas casino executive Scott Sibella faces a potential three-count complaint from the Nevada Gaming Control Board,...

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BJ21 News Service

U.S. Interior Secretary Deb Haaland is being asked by four tribes that are against a proposed tribal casino in Medford, Oregon to...

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BJ21 News Service

A California corporation that was created in a manner that conceals the identity of its members filed a new lawsuit against the...

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February 13, 2024 4:14 am
BJ21 News Service

The low-key state agency in Nebraska that oversees casinos is coming under increased scrutiny as casinos within the state grow in...

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Ex-gaming executive’s cash seized by IRS

January 12, 2024 4:54 am
BJ21 News Service

A former Pennsylvania State Police corporal who, until recently, held the position of compliance director for Pace-O-Matic, the...

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North Carolina Governor halts casino expansion scheme

October 9, 2023 4:34 am
BJ21 News Service

revious moves made by Republican legislative leaders in North Carolina could have resulted in the approval of a state budget that...

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BJ21 News Service

Tribal “nations” in the United States are encouraged by recent court decisions and have so far avoided attacks on...

Oklahoma court of criminal appeals governor kevin stitt

Oklahoma seeks to prosecute crimes by Indians on other tribes’ reservations

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BJ21 News Service

In an unusual case before the Oklahoma Court of Criminal Appeals, Governor Kevin Stitt intervened in an effort to clear the way...

Washington state cardrooms max bet increased to 400 by regulators

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August 7, 2023 4:57 am
BJ21 News Service

A bitterly divided Washington State Gambling Commission agreed to allow Washington cardroom operators to accept larger wagers,...

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State regulators want federal action against unlawful offshore sites

May 9, 2023 4:16 am
BJ21 News Service

In urging the federal government to take action against unlawful offshore internet gambling casinos, Nevada has joined six other...

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BJ21 News Service

After legalizing sports betting in Arizona in 2021, the state has since collected more than $35 million in taxes from gambling...

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BJ21 News Service

A newly-filed class action complaint claims that hotel owners on the Strip conspired to artificially raise hotel room rates above...

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January 13, 2023 3:48 am
BJ21 News Service

Legislation from 2020 that restricts sports betting to just tribal territories in the State of Washington is being challenged by...

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November 15, 2022 3:38 am
BJ21 News Service

Questions are being raised regarding the function of unregistered auditors in the Chinese gaming hub of Macau, where several...