Are you keeping slots gambling records in 2021? Why not? It’s simple. It’s easy. It’s too late for last year but not yet for this year for federal, state, and local income taxes. Oh, and don’t forget to log the free-market value of any casino comps! Plus, to help, I offer templates! Remember to watch for updates from the IRS.
A lot has happened with casinos this past year! The U.S. slots industry is constantly changing, updating, adding new game themes, taking old ones away, tweaking algorithms, not to mention all the trends created! I summarize the biggest casino changes that happened last year and how they will impact strategies this year.