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Uncle Sam figures that since, by law, gamblers must pay taxes on every dollar they win at casinos, bingo parlors, racetracks, even an informal football bet with Uncle Louie, the IRS might as well capture more with a lower jackpot threshold.Yes, Bill, and it may get worse.The only time that a machine is swapped out is when management believes it is underperforming or decides to convert the machine to a newer or more popular model....

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Dear Mark: If the automatic W2-G reporting on a slot machine is for a jackpot of ,200, does that hold true for higher-denomination machines as well? Bill W.Dear Mark: If the automatic W2-G reporting on a slot machine is for a jackpot of ,200, does that hold true for higher-denomination machines as well? Bill W. The “never-been-done-befor...

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