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John Robison Gaming Guru - Page 21  Ask the Slot Expert: Automating W-2Gs and raising the W-2G threshold14 December 2022
On October 3, 2020, Las Vegas Review-Journal columnist Richard Velotta wrote a column (Treasury, IRS silent on raising the threshold for jackpot paperwork) calling for raising the threshold on issuing a W-2G for slot jackpots. The current threshold of $1200 was set in 1977. Unlike other tax-related thresholds, this one has never been adjusted for inflation. ... (read more)
Ask the Slot Expert: Dusting off some lost slot-playing skills7 December 2022
I was playing a 25-cent Silver Strike machine at Red Rock trying to complete my collection of Red Rock Silver Strike tokens. This machine is an old reel-spinning machine that doesn't maintain a cash credit meter. It can only handle multiples of 25 cents. When you insert a ticket into its bill acceptor, the ... (read more)
Ask the Slot Expert: Marketing to locals versus non-locals30 November 2022
Question: Thanks for answering my question about the lack of Red Rock promotions.
Just to clarify, we were all there with comped rooms (three) and some free play, but my comment was aimed at the lack of any promotions (double points, etc.) while we were in residence. Prior to the pandemic, there were offers every day of our visits. ... (read more)
Ask the Slot Expert: Rip Van Slot Player?23 November 2022
Question: After 10 years of visits to Red Rock, we may be just staying in Palm Springs-area casinos. On our last three visits to Red Rock, there were ZERO offers or promotions for non-local gamblers.
Answer: It's a shame you won't be coming back to Red Rock. Since Station Casinos dumped Palms, the company has renewed its attention on Red Rock. ... (read more)
Ask the Slot Expert: Did I get a bonus free-play offer because the casino missed me?16 November 2022
I thought I was special.
It had been a few weeks since I had visited Red Rock--
Well, that's not true. It's been a while since I've played there, but I was there a week and a half ago for breakfast. A college friend was visiting from Australia, where he moved decades ago so his Australian wife could be ... (read more)
Ask the Slot Expert: Will cash disappear from the slot floor too?9 November 2022
No one would have believed in the last years of the twentieth century that the days of coins and tokens being the literal and figurative coin of the realm on the slot floor were numbered. Penny slots and machines with minimum bets that don't correspond to a minted coin required that machines break free from coin denominations. ... (read more)
Ask the Slot Expert: Dissed by Blitz, rewarded by Reel Boost2 November 2022
Question: Have you ever noticed you never play a machine that someone just put a great deal of money into? You have to wait 10-15” then play it you will most likely win ?
Answer: I guess this theory is a variation on the "machine is ready to pay" theory. This is the first time I've ever heard it with a waiting period. ... (read more)
Ask the Slot Expert: Dissed by my favorite Quick Hit Blitz machine26 October 2022
I was finally able to play my favorite Quick Hit Blitz (QHB) machine after a break of over a month. My usual itinerary in this casino begins with a stop at video poker, then a tour of the various Quick Hit machines on the floor. For the past few weeks, someone was playing my QHB when I was finished with ... (read more)
Ask the Slot Expert: When do casinos send taxes withheld to the IRS?19 October 2022
Question: On jackpots we always have federal taxes taken out, whenever possible.
My question: Casinos take it out at the time of the win, when do they forward it to the IRS?
Answer: Casinos report taxes they have withheld from gambling winnings on Form 945, along with taxes withheld from ... (read more)
Ask the Slot Expert: The more hands in the slot pie, the smaller your slice12 October 2022
Question: I haven’t read every article you’ve written, and perhaps you’ve answered this question before.
I have heard that it is harder to win on slot machines with popular names -- like Wheel of Fortune, The Walking Dead, the Elvis slot, and such, because they are required to pay a royalty to the people that own the rights to that name or TV show, etc. ... (read more)
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