‘SLOT Act’ Seeks to Increase Jackpot IRS Threshold to $5K
Federal legislation introduced today by leaders of the Congressional Gaming Caucus would greatly increase the amount of money needed to be won on a slot machine spin to trigger an IRS report. Creatively named the SLOT Act — or “Shifting Limits on Thresholds Act” — the bipartisan legislation comes from US Representatives Dina Titus (D-Nevada) … Read more