Not only does money get taken out of casinos taxes but a certain percent of tax money gets taken out of gambling winnings also. If you had gambling winnings, the casino must withhold 28% as income tax. The rate is 25% if the amount is over 5,000. When the winnings exceed a certain amount the casino will give you an IRS form showing the amount you won and amount of tax (Nevada Gambling: What You Need to Know). People may not win all that often but when they do some amount is giving to taxes. While this may seem like a bad thing for the winner, it is good for business of the casino and good for the economy.
Nevada Gambling: What You Need to Know
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