Tag: gambling taxes
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IRS Embraces Higher Handpay Limits for Cruise Ships and Casinos: A Win for Gamblers and Operators Alike
The IRS has proposed raising the casino hand pay limit from $1,200 to $5,800, a move that could significantly ease the burden on gamblers and casinos. This long-awaited update aims to modernize outdated rules, reduce red tape, and support the gaming industry. Discover what this means for your next big win!
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