2023 tax season requires reporting of gambling winnings, with US commercial casinos winning a record $66.5bn.
2023 tax season requires reporting of all income, including gambling winnings. US commercial casinos had a record year, winning $66.5bn from gamblers, while overall casino gambling is expected to have brought in close to $110bn to operators. As American adults' demand for gaming is at an all-time high, taxpayers must declare their gambling income and potentially owe taxes on winnings.
March 02, 2024
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