Author: OnlineGamblingDaily

Taxes in America are due in a few days! Do you have to report all your gambling winnings? Are there taxes on slot machine winnings? Plus, there is new legislation coming that could change the way you report jackpots to the IRS! The SLOT Act is a new bill that will raise reporting thresholds! Hello friends, sports betting and online gambling have been sweeping across this country for the past several years. And with more people gambling, more people are asking how to report their gambling activity on their taxes, if there are taxes on slot machine winnings, or if…

The World Series of Poker has announced its 2024 Tournament of Champions Schedule, along with details for the exciting conclusion to its 19th WSOP Circuit season. The 19th edition of the WSOP Circuit kicked off at Choctaw Casino Resort in Oklahoma immediately following the conclusion of the 2023 World Series of Poker tournament in Las Vegas. Following more than 25 stops, the WSOP-C now concludes with WSOP Circuit Los Angeles at The Commerce Casino & Hotel in Los Angeles, California from 10-24 May 2024, with $1.75 million in guarantees, headlined by the Tournament of Champions taking place on 22-24 May…

What’s the only bad thing about winning a jackpot? The taxes! But now, the SLOT Act could help lessen some of that pain. Two Congressional Representatives, one from Nevada and the other from Pennsylvania, are pushing legislation to raise the reporting limit for jackpots. Currently, anyone who wins a jackpot at a slot machine or on video poker is required by the IRS to report amounts of $1,200 or more. However, the SLOT Act would raise that limit to match the rate of inflation, which would set the updated threshold at $5,000. Additionally, the legislation has a provision to keep…

Here’s a blast from the past! You can see Hootie & the Blowfish at Fontainebleau soon, as they bringing their this summer! Tickets for their two shows went on sale today, following a pre-sale for Citi card members. Citi is the official card of Hootie & the Blowfish at Fontainebleau. The Summer Camp with Trucks Tour will hit the BleauLive Theater for two nights in August, first on Friday the 23rd and again on Saturday the 24th. Both shows will begin at at 8 p.m. Hootie & the Blowfish are a rock band hailing from Columbia, South Carolina, United States…

 March 28, 2024 We’re checking out the exciting Clash of the Giants online slot from our friends at Spadegaming! Two big, bad monsters reduce the city to rubble as they fight they fight it out in this medium volatility game with 6 cascading reels! Landing 4 or more scatters will trigger the Free Game Feature, where Bonus Multipliers can really add up! Clash of the Giants comes with up to 200,700 paylines and payouts close to 97%! As two legendary beasts stir from their slumber to vie for the title of king, the city transforms into an arena of chaos.…

Death and taxes may be the only certainties in life. But this time of year you may be wondering more about gambling and taxes. As we approach the deadline to file personal income tax here in America, you may have some serious questions about how (and whether you have to) report your wins at the casino. Luckily, we have some friends who can help answer questions. Recently, the Super Bowl was played. Then we found ourselves in March Madness. Both of these events have a huge amount of sports betting associated with them, according to the American Gaming Association. With…

This week’s news is all about concerts in Las Vegas, with rumors of an Eagles residency at the Sphere on the horizon! Plus, Margaritaville Las Vegas has announced they are closing their doors soon! All this and an online slot for the Easter holiday! If you couldn’t tell, spring has sprung. The clocks have been moved forward an hour. March Madness is underway. Baseball season begins this week. And Easter is on Sunday. Still, some folks are already looking forward to concerts in Las Vegas this fall. This week’s big story finds that legendary rock group the Eagles will be…

In the midst of all the hype surrounding March Madness, the NCAA has rolled out the Draw the Line campaign to help educate student athletes. The project seeks to educate these athletes about the possible risks associated with sports betting, including gambling related harm. Recent research conducted by the NCAA reveals that 67% of college students aged 18 to 22 have engaged in sports wagering, which is troubling considering that the legal minimum age for betting in regulated states is 21. Draw the Line has in part grown out of NCAA concerns about the lack of safeguards for student-athletes’ well-being…

Here comes the Easter holiday, and with it themed games like the Eggomatic online slot! This is a classic game from Net Entertainment with 5 reels, 3 rows, and 20 paylines where eggs are sent down a conveyor belt above the reels where they wait for a wild symbol to drop and release prizes and free spin! The Eggomatic slot game also features Bonus Spins and Wild Substitutions, as well as Spreading Wild Eggs, which will expand the wilds symbols when the fall, awarding even bigger wins! Experience an eggstraordinary adventure on the reels with the Eggomatic online slot. Anticipation…

According to our friends at the American Gaming Association, legal betting at regulated sportsbooks this years March Madness betting is expected to exceed $2.7 billion, which would make the total nearly twice as much as what was bet on the Super Bowl this year. Of course, the Super Bowl was just one game, while this is both the men’s and women’s tournaments, with over 120 teams, so that stands to reason. The AGA’s analysis pulled together monthly sports betting revenue reports from various states, focusing on bets placed for NCAA basketball tournament games with American sportsbooks. Up to this year,…

 March 21, 2024 The “Long Goodbye” tour just got longer, as an Eagles residency at the Las Vegas Sphere is set begin this fall. The legendary group will land in the new venue following U2, Phish, and some dead heads. And they are doing this despite finishing their “farewell” tour, which began all the way back in September of 2023 and just finished in North American. That tour now heads to Europe through mid-June. A specifics number of shows has not been published, and representatives from the Sphere were careful to not confirm anything just yet. “We do not comment…

Sad news to report, as one of our favorite places to eat in Vegas is going away. Margaritaville is closing it’s doors after more than two decades of welcoming guests… and we’re sad. Not as sad as when we lost Jimmy last September, but still sad. Margaritaville takes up a huge amount of space in Flamingo at over 32,000 square feet, and the announcement of the closure seems to follow the recent trend in casinos opting to manage theses restaurants internally instead of leasing space to other companies. And Margaritaville is closing even though it has been relatively successful. Just…

The NCAA Men’s Basketball tournament begins this week, and March Madness events are taking over Las Vegas! Where are all the watch parties on the Strip and down on Fremont Street? Plus, basketball is not the only game headed to Las Vegas! The Las Vegas Grand Prix may be 8 months away, but tickets have already gone on sale. More on that in just a moment. Up first, the NCAA Men’s Basketball Tournament kicks off this week, and whether you’re headed to Las Vegas or staying home to place a few bets, we’ve got you covered. Keeping in mind that…

The new Fontainebleau at the north end of the Las Vegas Strip has opened their Oasis Pool Deck. The resort calls the area six acres of serenity, opulence and unparalleled recreational bliss available to hotel guests. There are seven distinct pool experiences, four bars, two restaurants, daylife destination LIV Beach, and a 2,300 square-foot gaming area opening in the spring. Designed in partnership with Lifescapes International, and with the help of Jeffrey Beers International, Oasis Pool Deck radiates a vibrant, playful ambiance reminiscent of classic Miami Beach. Drawing inspiration from the work of iconic mid-century landscape designer Roberto Burle Marx,…

March Madness in Las Vegas comes with some exciting college basketball games, with 68 teams battling it out on the hardwood. It’s only the start to a season filled with a ton of sports action, and if you’re heading to Nevada there will be no shortage of choices when it comes to watching the games. Proper Eats Food Hall at Aria Resort & Casino will offer all-you-can-eat specials from Friday, March 22nd through 24th. Caesars Entertainment Las Vegas Resorts will offer several Hoops on the Strip specials and packages from Tuesday, March 19th through Monday April 8th. These experiences feature…

The National Centre for Social Research (NatCen) has been commissioned by the Department for Culture, Media and Sport (DCMS) and the Gambling Commission to develop a Monitoring and Evaluation plan for the Gambling Act Review (GAR). The Gambling Act Review was launched in 2020 to examine whether changes to gambling regulation in Great Britain are needed since the Gambling Act of 2005. The not-for-profit social research organization’s project will establish the evaluation design to address how effective the GAR has been in preventing gambling-related harm to vulnerable groups and wider communities, gambling behaviors, and the gambling market.  The NatCen stated that…