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Gaming
Approved independent testing laboratories for commercial and video lottery gaming facilities:• Gaming Laboratories International, LLC (GLI)• BMM TestlabsVideo Lottery Terminals and Electronic Table Games: Similar in appearance to classic slot machines or as simulated classic table games, these terminals are linked to a centralized system maintained by the Gaming Commission that tracks the game play and earnings for each game.• Video Lottery Terminals (VLTs) have the same appearance as slot machines. VLTs must receive winning outcomes transmitted by the central system. • Electronic Table Games (ETGs) offer video versions of popular casino games like roulette, craps, and baccarat. ETGs are capable of generating winning outcomes at each table. Video lottery gaming operations began in 2004 at Saratoga Gaming & Raceway in Saratoga Springs and have since expanded to eight additional facilities. As of January 1, 2013, there were 17,213 such machines operating in New York State.Indian Gaming: In 1988 Congress passed the Indian Gaming Regulatory Act permitting federally recognized Indian tribes the ability to conduct gaming activities under certain circumstances. This law allows traditional Indian gaming, bingo, pull tabs, lotto, punch boards, tip jars, and certain card games on tribal land. However, it requires a Tribal/State compact for all other forms of gaming. Three tribes have lawful gaming in New York State:• The Seneca Nation of Indians operate the Class III Seneca Niagara Casino in Niagara Falls, the Class III Seneca Allegany Casino, the Class III Seneca Buffalo Casino in Buffalo, and Class II bingo on both their Cattaraugus and Allegany Reservation lands • The St. Regis Mohawks operate the Class II Mohawk Bingo Palace and the Class III Akwesasne Mohawk Casino, which also houses Class II poker games • The Oneida Indian Nation of New York operates the Turning Stone Casino, which houses both Class II bingo and poker, as well as its Class III gaming operations. The Gaming Commission maintains a constant twenty-four hour presence within the gaming facilities of the five Class III facilities to maintain the integrity of all activities conducted in regard to Class III gaming, and to insure the fair and honest operation of such gaming activities. Additionally, the State conducts background investigations on all employees of the casino and enterprises who conduct gaming related business with the casino to ensure their suitability. Pursuant to each Compact the State jointly regulates Class III gaming facilities with a Nation or Tribal Gaming Agency, respectively. Class II gaming activities, e.g., bingo, pull tabs, lotto, punch boards, tip jars, and certain card games, are regulated by the Tribe in conjunction with the National Indian Gaming Commission, although tribes, under certain circumstances, may self-regulate these activities.Voluntary Self Exclusion
To voluntarily exclude from New York State gaming facilities, including casinos, horse racing, off-track betting, video lottery gaming and interactive fantasy sports activities in New York State pursuant to Title 9 of the Official Compilation of Codes, Rules and Regulations of the State of New York and New York Racing, Pari-Mutuel Wagering and Breeding Law section 1404(1)(d):
Please complete the form:
Request for Voluntary Self-Exclusion from All Gaming Facilities and Entities Licensed, Permitted or Registered by the New York State Gaming Commission.
The notarized form, with photograph as per instructions, should be mailed to:
Director of Education & Community Relations
PO Box 7500
Schenectady, New York 12301-7500
Commercial Gaming Reports
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RIVERS CASINO & RESORT | |||
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Video Gaming Reports
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NASSAU OTB AT RESORTS WORLD CASINO NEW YORK CITY | |||
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EMPIRE CITY CASINO AT YONKERS RACEWAY | |||
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SARATOGA CASINO - HOTEL | |||
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FINGER LAKES GAMING & RACETRACK | |||
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MONTICELLO CASINO & RACEWAY | |||
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HAMBURG GAMING AT THE FAIRGROUNDS | |||
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TIOGA DOWNS CASINO | |||
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VERNON DOWNS CASINO & HOTEL | |||
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BATAVIA DOWNS GAMING | |||
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JAKES 58 HOTEL & CASINO | |||
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STATEWIDE | |||
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Responsible Gaming
The New York State Gaming Commission, the Office of Alcoholism and Substance Abuse Services (OASAS) and the New York Council on Problem Gambling have formed the Responsible Play Partnership to address problem gambling in New York State. The Responsible Play Partnership is addressing a variety of issues surrounding problem gambling, including ensuring that gaming venues comply with all rules and regulations and undertake proper outreach measures, reevaluating self-exclusion policies across the state to ensure consistency, and considering the best ways to advance New York’s long-term commitment to prevent and treat compulsive gambling.
Laws, Rules & Regulations
Indian Gaming
Locations
View New York State Gaming Commission Locations (VLTs) in a larger map
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The way it works is any win over 600 automatically prints out a ticket instead of adding to your existing money to bet.
Now I have several thousand in tickets but am a bit concerned about what the tax implications will be.
Casino Tax Forms
So far I've cashed about 1800 in tickets, I've had to show ID and gave my social. However, the cashier told me 'no tax taken'.I assume I'm under some threshold that I may reach in the near future.
I am a resident of NJ and the casino is in NY, not sure what difference that may make.
I've seen the mentions of the 300:1 rule. Not sure how that applies to roulette because you could never get a 300-1 payout.
Thanks
Empire City Casino News
You must report it on your tax return.
http://en.wikipedia.org/wiki/Casino_regulations_under_the_Bank_Secrecy_Act
As others have said, you technically due owe tax for a net gambling win for the year; however, you are allowed to deduct losses for this purpose. So if you win $1000 in one session, lose $800 in another, and win $200 in another, lose $400 in another, and win $300 in the last session of the year, you are supposed to pay taxes on the following amount of winnings: $1000 - $800 + $200 - $400 + $300 = $300.
Here is the applicable New York state law:
http://gaming.ny.gov/pdf/New%20York%20State%20Gaming%20Commission%20rules%20(Lottery).pdf
Sect. 2836-20.3 Credit Redemption
(b) When any prize won at a video lottery terminal exceeds the threshold for
reportable lottery winnings established by the Internal Revenue Service, the video
lottery terminal shall print a voucher which shall only be redeemable at an attended
validation terminal. The attendant at such validation terminal shall obtain personal
identifying information from the prize winner for tax reporting purposes.
(c) When any prize won at a video lottery terminal exceeds $2,000, or such other
amount determined and published by the division, the video lottery terminal shall
enter a lock up state and an attendant shall be called to verify, initiate and witness the
printing of the voucher and shall document same.
Note: $600 is the federal lottery threshhold. So you may be getting tax forms come February, or whatever. So keep records to count losses against this.
I'm keeping excel records but most of my bankroll I started with cash, so is there a standard way to itemize your losses to be acceptable to the feds?
I'm keeping excel records but most of my bankroll I started with cash, so is there a standard way to itemize your losses to be acceptable to the feds?
Empire City Casino Games
Something like Excel should be good enough.Empire City Casino Tax Forms
See my edit: Since you are technically playing a 'video lottery' game (that behaves exactly like roulette, yes it makes no sense), you are subject to the IRS rules on lottery winnings and the 300:1 rule is irrelevant. Also note, video poker in NY racinos are not from a standard deck either.