Monday 6 February 2012

Free Casino Comps Are No More Exempted From Taxing


land based casinos are popular among the gamblers due to the huge winning prizes as well as the free casino comps that are not for the winners, but also for those who play at the casino on regular basis. The mode of casino comps is different in the virtual world and that is in the form of bonuses. Special bonus offers make the online casinos interesting to join by the gamblers. 

What are the free casino comps that are distributed among the gamblers in land based casinos. These are offered in the form of food, beverages, and free rooms. It depends on the casino policies what kind of comps are offered for the players and what are the terms an conditions associated with the comps. 

Despite offering free casino comps, the issue raised about the land based casinos is that the casinos should pay taxes against the revenue generated by the gaming operations. It is also said that the tax should also cover the free comps distributed by the casino. 

One such case was that of Boyd Gaming that asked for the waiving of taxes over the 12 casinos that are run under the umbrella of this network. The Commission rejected the appeal and made the taxes compulsory to be paid by the casinos.
The casinos have to follow the ruling and the taxes are compulsion on every gaming network regardless of the total count of the casinos that the network has.

No comments:

Post a Comment