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Legislation seeks to increase tax threshold for slot winnings

Legislation seeks to increase tax threshold for slot winnings

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A bipartisan bill now aims to raise the tax threshold of slot machine winnings from $1,200 to $5,000 The bill, sponsored by Representative Guy

Act, which updates the reporting thresholds for slot machine winnings, has been publicly backed by the American Gaming Association  But under legislation proposed Thursday in Washington, , that limit could increase to $5,000 It's called the SLOT Act — Shifting Limits on

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