Casino Players Report
The Casino Management Systems (CMS) market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The global Casino Management. Anonymous: Setting aside the skill of a casino employee in being able to detect an advantage player, which is often quite poor, most of the people in a casino are losers so it's highly likely most of those backed off are losers and are probably big players. Casino counter catchers cost casinos a lot of money because they have to catch and throw. Therefore, players are strongly encouraged by both casinos and affiliates to get a good understanding of the rules of a casino before playing there. If a player’s dispute is based on not understanding the Terms and Conditions of a casino, it is highly unlikely that it will be resolved in the player’s favour.
See the best Las Vegas casino promotions and the best values in Las Vegas.
What is a Vegas Value offer?
Vegas values are bonuses and rewards you get from the casino.
If you're a follower of AmericanCasinoGuide.com, you know that we're big believers in casino rewards. While the odds are stacked against you in the games, good strategy plus taking advantage ofthese rewards can help you beat the house in the long run.
Why do Las Vegas casinos offer Vegas values?
It should come as no surprise that the casino business is a business. That means they have to stay in business by making money while still attracting customers.
Let's face it: most people who go to Las Vegas lose money are not smart gamblers. They know they're going to lose money, but they want to have a good time.
Losing for a long time with no reward is no fun. That means bad reviews and no return trips, which is bad business for the casinos.
But if the casinos throw in a free dinner or tickets to a show as compensation for all the money spent at the casino, the guest still feels like they're getting something 'for free.'
Why Use Vegas Values?
You should use Vegas values for a number of reasons:
- They reward you and your family or friends
- They give you time and space restrategize between games
- They help you overcome the house edge
In short, Vegas values add enjoyment and financial benefits to your trip!
How to Find Vegas Values
For the most up to date Vegas values, it's best just to check the Promotions tab on the casino or hotel you're interested in. These promotions change quickly and they're not always the samefrom season to season, so it's best to check their website.
Types of Vegas Values
Las Vegas casinos have a number of ways to reward customers. The rewards are dependent upon the casino's facilities and partners.
Below are some of the most popular Vegas values.
Vegas Values gifts and giveaways
One type of Vegas value all the casinos participate in is great gifts and giveaways. Below you'll find some examples.
M Resort: May Gift Days.
On select days throughout the month, guests who play and earn 100 same-day tier points will receive a complimentary gift, available from 10 a.m. – 9 p.m. at M Promotions Center.
Gifts are available while supplies last and there is a limit of one free gift per person, per day.
May gifts include:
- Ava Grace Rose Wine
- Stainless Steel Food Thermos
- Clever Cutter
- Mystery Gift Day
- Guenoc Lake County Sauvignon Blanc
Vegas Values lunches, drinks, and dinners
Fiesta Rancho: Maygarita Giveaways
Tuesdays In May; 10 am – 8 pm Chairman And President 9 am.
Free for invited guests or earn 300 same-day base points – you keep the points.
Tuesday, May 14 – Jose Cuervo Sparkling Strawberry Margarita 4 pack; Tuesday, May 21 – Jose Cuervo Sparkling Margarita 4 pack; and Tuesday, May 28 – Jose Cuervo Tradicional 375mlbottle.
Mandalay Bay: Kids Eat Free at House of Blues Restaurant & Bar on select days.
Located at House of Blues Las Vegas, inside Mandalay Bay Resort & Casino.
Every day of the week during lunch, 11:30 a.m. until 4 p.m., kids under the age of 10 eat free with the purchase of an adult entrée making House of Blues Restaurant & Bar the perfect lunchhotspot for both kids and adults.
Each kid can eat for free with a menu item of their choice from House of Blues Restaurant & Bar’s Kids Menu with each adult entrée purchase (up to four free kids meals with four entréepurchases). Kids Menu items include Pasta with Housemade Marinara, Mac & Cheese, Mini Cheeseburgers, Chicken Tenders, and more.
For more details or to make a reservation, call 702-632-7607.
The Mint Tavern free Memorial Day meal for active military and veterans
The MINT Tavern will offer all active military and veterans with valid I.D. 30 percent off of the bill in honor of Memorial Day Weekend.
The MINT Tavern is a classic Las Vegas lounge, featuring time-honored libations, a variety of live entertainment and 24-hour gaming. The progressive-tavern experience is a local-friendly spot,featuring a cool and relaxed vibe and is the solution for those who are looking for a night out but don’t want to go to a lobby bar or club. Conceptualized by nightlife mogul Todd Worz andbusiness partner Jonathan Fine of FINE Entertainment, The MINT Tavern pays tribute to Sinatra-era class and service and pays tribute to Las Vegas through namesake revitalization of a celebratedclassic hotel.
The MINT Tavern is located at 332 W Sahara Avenue.
For more information contact The MINT Tavern at 702.776.3313 or visit themintlv.com.
Vegas Values VIP tickets and free bets
Boyd Gaming
Everyone is a winner with the “A-May-Zing May” promotion at Aliante, The Orleans, Gold Coast, Suncoast, Sam’s Town, Cannery and Eastside Cannery. B Connected players at Aliante, The Orleans,Gold Coast, Suncoast and Sam’s Town who earn one Tier Credit on Fridays, Saturdays, and Sundays in May between 8 a.m. – 10 p.m. will have the chance to swipe at a kiosk to win a great prize.
C.A.N. Club
Members at Cannery and Eastside Cannery who earn 10 same-day base points or one table game point between 8 a.m. – 10 p.m. on Fridays and Saturdays and Sundays in May will also get to swipe at akiosk to receive a prize.
Prizes at participating destinations include Slot Dollars, dining credits, points, and more. See Player’s Club for complete details.
SLS: Continuing: Pick A Present Birthday Kiosk Game.
SLS Las Vegas is celebrating May birthdays: players who swipe on their birthday will have the chance to receive prizes including free slot play, point grants, and dining credits. (Ongoing untilfurther notice.)
Arizona Charlie’s Boulder and Decatur: Table Games Cash Grab! Table games players will receive a drawing ticket for qualifying winning bets playing table games.
Drawings will be held on Fridays and Saturdays from 4:30 pm to 10:30 pm. Every hour one table games player will play the promotional game and select a mystery cash prize from the game board.
Cash prizes include $25, $50, $100 or $500 cash. Complete details are available at Table Games.
Bally’s ticket Upgrade
Xavier Mortimer’s Magical Dream at Bally’s Las Vegas Hotel and Casino is honoring active and retired military service members by offering free VIP ticket upgrades throughout the month of May.
Located in the Windows Showroom, the spellbinding production will offer complimentary VIP ticket upgrades throughout the month of May for veterans and active-duty service members with a validmilitary I.D.
The 70-minute show is comprised of more than 14 acts of mind-bending illusions, an unconventional cast of characters, including the wonders of Mary Poppins and the theatrics of Charlie Chaplinand an original soundtrack, created by the French magician himself.
Xavier Mortimer’s Magical Dream is at 6 p.m. Friday through Wednesday, with tickets starting at $49 for general admission and $69 for VIP, excluding tax and box office fees.
South Point
South Point Casino hosts a $500,000 Swipe, Spin ‘N Win on select days. Casino club cardholders who earn 300 same-day base slot points on any slot or video poker machine between 3 a.m. and 11p.m. are eligible to swipe and spin the wheel on the designated kiosk for a chance to go home with special prizes.
Prizes include $50 free play, $25 free play, $25 resort gift card, $15 free Play, 5,000 bonus points, $10 Off Any Restaurant, complimentary breakfast or lunch buffet, 2,500 Bonus Points, $5 offany restaurant and 1,500 bonus points.
Resources
- Read the New York Time's Frugal Traveler's 'A Traveler’s Guide tothe Best Bets in Las Vegas'
- See our list of ongoing Las Vegas casino promotions.
FREE No Deposit Online Casino Bonuses:Like to play at online casinos? The American Casino Guide has more than 15 exclusive offers that give you FREEcasino cash when you open a new account! No credit card information is required and there is no need to deposit any money. To see those offers, visit our online casino promotions page.
Like to go to casinos? Then be sure to download the FREE American Casino Guide App! This FREE app also offers the following benefits:
- Find any U.S. casino by name, city, state or zip code
- Get detailed information on each casino: name, address, phone numbers, room rates, buffet prices, games offered, senior discounts, and special features.
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Android phone and tablet users, go here or go to the Google Play Store and search 'American Casino Guide.'
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Most gamblers hope to win money when they visit a casino, but many fail to think about the taxes they would have to pay on their winnings. Meet George and Frank, two American friends who spend a weekend gambling at the Las Vegas Bellagio. George wins $200 playing video roulette. Frank wins $1500 on a quarter slot machine (Play here). Both men make some significant financial mistakes that could get them into trouble with the IRS.
Mistake # 1 - Frank Fails to Pay Taxes on His Winnings
Before leaving the casino, Bellagio officials ask Frank to supply his Social Security number and fill out a W - 2G stating his $1500 winnings. When tax time rolls around, Frank forgets about the W – 2G and does not report the $1500 on his tax forms.
Could Frank Get in Trouble?
If Frank gets audited, he could indeed get in trouble with the IRS for failing to report his gambling income. Federal law mandates that slot machine winnings over $1200 must be reported to the IRS. The law also requires horse racing winnings over $600 and keno (click here) winnings over $1500 to be reported. Frank's legal obligation does not end with the W - 2G he filled out at the casino; he must also claim his winnings on Line 21 of his 1040. Failing to do this could result in stern penalties from the IRS.
What About George?
Bellagio officials did not ask George to fill out a W – 2G because his $200 earnings fell below the IRS threshold. Technically, however, he is supposed to claim his $200 winnings on Line 21 of his 1040 just like Frank. Unlike Frank, George stands little chance of getting caught if he fails to do this because there is no paper trail documenting his jackpot (read more). The only punishment George is likely to suffer is the discomfort of a guilty conscience.
If your winnings surpass the predetermined threshold, casino proprietors are required by law to have you fill out a W – 2G which reports your extra income. If you fail to submit this information to the IRS at tax time, government officials could catch a whiff of your paper trail and come after you. If your casino winnings do not surpass the predetermined threshold, you are still required by law to report the money, but without written evidence, the IRS stands little chance of catching you in your dishonesty.
Mistake # 2 - Frank Itemizes His $4000 Gambling Loss and Cheats Himself Out of the $5,950 Standard Deduction
Frank carefully records his losses at the Bellagio in a small notebook he keeps in his pocket. At the end of the weekend, he calculates a $4000 loss. When tax time rolls around, Frank itemizes this $4000 loss and feels like a tax-savvy gambling superstar. Unfortunately, the $4000 is Frank's only itemized deduction for the year and he's actually cheated himself out of a significant chunk of money. If Frank had bothered to do some research, he would have known that the standard deduction in 2012 is $5950. By itemizing only his $4000 loss at the Bellagio, Frank cheated himself out of an additional $1950 deduction.
The Moral of the Story
You can itemize gambling losses on your tax forms in order to recoup some of your lost money, but always find out what the standard deduction is first. You will only come out ahead if your itemized deductions add up to more than the standard deduction.
Mistake # 3 - George Itemizes His Gambling Losses, Which Are Greater Than His Winnings, and Gets in Trouble
After examining the pocketful of ATM receipts he accumulated while at the Bellagio, George realizes that although he won $200, he lost a total of $800. When tax time rolls around, George reports the $800 loss under the miscellaneous deductions section on Schedule A. He also reports his $200 winnings on Line 21 of his 1040. Unfortunately, George does not realize that deducted gambling losses cannot legally exceed gains. He gets audited and fined for failing to comply with this IRS regulation. It is perfectly acceptable to deduct your gambling losses, but you must also report your winnings. On top of that, your claimed losses may not exceed your stated winnings. George can legally claimed a $200 loss because he won $200, but he cannot legally claim an $800 loss in this scenario.
Mistake # 4 - George Fails to Document His Gambling Activities in an IRS-Approved Fashion
George is notified by the IRS that he is being audited and needs to provide legal documentation of the wins and losses he accumulated at the Bellagio. He digs through his suitcase, reassembles his collection of ATM and players card receipts, and submits these slips of paper to the IRS in a manila envelope. IRS officials reject his envelope, stating that this piecemeal form of documentation is unacceptable.
Conclusions
It is wise to track your casino expenditures, but saved receipts are not enough in the case of an IRS audit. Wins and losses should be logged in a notebook which includes the location, date, and amount of money won or lost. Game stubs are also acceptable documentation, but ATM and players club receipts are not.
All Americans must report gambling winnings to the IRS, regardless of what state or country they are in when they win. Gambling proprietors are required by law to report guest winnings that exceed certain predetermined amounts to the IRS. If you don't report your winnings and are audited, you could get in trouble.
Citizens are permitted to claim gambling losses on the miscellaneous deductions section in Schedule A, but losses may not exceed winnings. If you're thinking about itemizing gambling losses on your taxes, experiment with different deduction scenarios to see which will give you the biggest benefit.
Finally, keep track of your wins and losses in a detailed notebook. If you do get audited, IRS officials will only accept certain forms of financial documentation.
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